Property Description

35 Henry Street, Dublin 1, D01 WC52

248 sq m / 2,671 sq ft (NIA) Retail Investment Property
(Tenancy not affected)

Highlights:
• Property: 35 Henry Street, Dublin 1, D01 WC52
• Location: Henry Street is the go-to destination for high street brands with approx. 30 million visitors a year it is amongst the most visited retail destinations in Europe
• 35 Henry Street benefits from a prime pitch at the junction of the pedestrianised Henry Street and O’Connell Street
• Tenancy: Fully let to Three Ireland (Hutchison) Limited on a 25-year FRI lease from 2006 with upwards only rent reviews
• 5.54 WAULT as of 29/04/2026
• Accommodation: Four storey over basement extending to 248 sq m (NIA) / 2,671 sq ft (NIA), 487 sq ft ITZA
• Title: Long Leasehold, 500-year lease from 1918
• Guide Price: €4 million reflecting attractive NIY of 9.66% (after standard purchaser’s costs of 9.96%)

Location & Connectivity
• 35 Henry Street, Dublin 1
• 35 Henry Street occupies a prime position on Henry Street, Dublin’s premier northcity retail pitch and one of the two dominant shopping streets in the capital. The street forms the core of the northside retail circuit linking O’Connell Street, Mary Street and Capel Street, benefiting from sustained high footfall levels and strong retail trading fundamentals.
• The location is underpinned by excellent transport connectivity, with the Luas Red Line (Jervis and Abbey Street) and Luas Green Line (O’Connell Street) all within short walking distance. The area is also served by a dense network of Dublin Bus routes, with Connolly Station and Busáras close by, and Heuston Station accessible via the Luas Red Line, ensuring city and nationwide accessibility and a broad consumer catchment.
• Henry Street is recognised as one of Ireland’s strongest retail locations, anchored by Arnotts Department Store and supported by a critical mass of national and international occupiers including Dunnes Stores, Penney’s flagship, Zara’s store redevelopment and expansion, JD Sports, Foot Locker, River Island and Marks & Spencer. The ILAC Centre and Jervis Shopping Centre further reinforce the pitch, with new international retailer entrants Normal and New Yorker driving scale, dwell time and spend. The street consistently records some of the highest footfall levels in the Irish retail market, supporting longterm rental sustainability.
• The investment profile of the location has been further enhanced by significant regeneration across the north city core, most notably the Clerys Quarter redevelopment on O’Connell Street, which has reintroduced flagship retail, offices, hospitality and leisure uses. Ongoing publicrealm and regeneration initiatives in the wider city centre continue to underpin Henry Street’s position as a core Dublin retail investment, offering durable income, strong occupier demand and longterm liquidity.
• Furthermore, the wider area is expected to benefit from Hammerson’s Dublin Central redevelopment, a large mixed-use project planned across a 2.2-hectare site bounded by O’Connell Street, Parnell Street, Moore Street and Henry Street. The scheme includes office space, homes, hotels, retail and leisure spaces, along with works to connect to the planned MetroLink station on O’Connell Street.


Property Description
• The property comprises four-stories over basement, extending to 248 sq. m (2,671 sq. ft) net internal area. It occupies a prominent position on Henry Street, one of Dublin’s best known and most heavily frequented retail streets.
• Three Ireland has completed a major refurbishment of the shop, underlining the importance of this location to its retail network.
• 35 Henry Street operates as a flagship store for Three Ireland (Hutchison) Limited, with the upper floors used for staff training and wellness. This reflects the property’s central location and ease of access
• With frontage of 5.63 metres (17.6 feet), the property has excellent exposure onto Henry Street.
• The ground floor retail area has been completely modernised by Three Ireland (Hutchison) Limited, with 861 sq. ft. of net internal area being traded from. The property has 487 sq. ft. ITZA.
• The basement is used as a storage area, while the first, second and third floors comprise staff training rooms, break rooms and a wellness room, alongside toilets and kitchenettes. The basement and upper floor areas combine to extend to 1,809 sq. ft.


For further information please contact:
Sam de Búrca
T:+353 87 392 4469
E: [email protected]

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 2 days ago