Property Description

Superb Mixed-Use Investment

We are pleased to offer this exceptional mixed-use investment opportunity for sale.
Capel Street is one of Dublin's most vibrant and pedestrianised thoroughfares, enjoying high footfall, excellent retail foot traffic, and proximity to the Luas Red Line (Jervis Street), bus routes, and Dublin city centre.

The property comprises:

Ground Floor & First Floor (combined): Let to an Asian Supermarket trading successfully from the premises. The first floor is used as a large office/storage/staff area accessible internally from the back of the shop.

First & Second Floors (residential): Four self-contained residential flats (2 on first floor, 2 on second floor) with completely separate street entrance from Capel Street.

This is a fully let, low-management, high-yield city centre asset.

Total Building Floor Area: Approx. 534 sq m

Accommodation & Layout

Ground Floor: Retail (Asian Supermarket) with direct access from Capel Street.

First Floor (rear/shop side): Large office and storage area forming part of the supermarket demise, accessed internally from the ground floor via the back of the shop. Approximately 75 sq m.

First Floor (street side): Two self-contained residential flats accessed via a separate street entrance from Capel Street.

Second Floor: Two self-contained residential flats accessed via the same separate residential stairwell.

Tenancy & Income Schedule

Total passing rent: Approximately €205,600 per annum.

Commercial: Asian Supermarket occupies the ground floor and first-floor office/storage area. Rent is €100,000 per annum. Lease term expires on 10 April 2033, with 7 years remaining.

Residential: Four self-contained flats generating approximately €105,600 per annum. Average rent is €2,200 per month per apartment, assuming full occupancy with no vacancies.

Residential BER Ratings (all valid until 28 July 2033)

Apartment 1: C2 (BER Number: 116652017)

Apartment 2: C1 (BER Number: 116652033)

Apartment 3: C1 (BER Number: 116652041)

Apartment 4: B3 (BER Number: 116652058)

Viewing highly recommended

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: yesterday morning