Cafe Unit, Tivoli Staycity Aparthotel, 135 Francis Street, Christchurch, Dublin 8
Restaurant / Bar / Hotel
€28,000 per year
Commercial Rates approx. €5,000 p.a. Service Charge / Building Insurance Costs approx. €1,000p.a. This is an excellent opportunity to rent a high profile cafe unit in the Staycity 246 Apartment Hotel Tivoli complex on Francis Street that is located opposite the iconic Iveagh Markets building. Please note that Hot Drinks and some alcoholic drinks are already being served in the Staycity Apart Hotel lobby area with a very limited food offering e.g. pastries. This modern ground floor restaurant has approx. 5 meters of retail frontage facing directly onto Francis Street and benefits from having full floor to ceiling height glass windows and a door entrance onto Francis Street and another onto the Tivoli courtyard area which is shared with the hotel, restaurant and a local Artists group as part of the Tivoli complex. There could be 400 to 500 customers staying in the Staycity Apart Hotel most nights. This cafe unit is currently in shell and core condition and will require fit out works to include the enstallation of a kitchen with kitchen air extraction. The cafe unit has excellent floor to ceiling height and there could be potential for additional storage space above toilets etc. There could also be potential for the cafe operator to provide breakfast/ brunch/ lunch or room service to some of the Staycity guests, providing an additional income for the cafe. The Tivoli cafe is located less than 70 meters to the south of Thomas Street, which is a very busy pedestrianised street with a host of busy pubs, cafes and restaurants with the National College of Art & Design and steady tourist footfall to the Guiness Storehouse. The Staycity Tivoli building comprises 246 individual apartments with a large reception and breakout area and onsite gym and facilities with a large internal courtyard and Liberties artists hub at the rear of the complex. The cafe has a rear door onto the enclosed Courtyard area and cafe customers can also use additional seating in the complex courtyard area that is part of the overall Staycity hotel complex. Staycity Tivoli is located 50 meters from the main entrance to the iconic Iveagh markets. DCC have already commenced refurbishment works to the roof and structure of the Iveagh Market and carried out some placemaking works to the surrounding street. The immediate area has seen very strong development as a result of tax incentivized regeneration programme along the River Liffey, the Liberties and the LUAS line and the later impact of the arrival of the LUAS cross city connection with the Green line. This area is very popular with legal, design and IT firms and we have seen very strong demand from residential tenants and first time buyers that are looking to move into this immediate area. Francis Street was traditionally the home of furniture shops and art galleries but has seen some exciting new developments apart from Staycity Tivol including the refurbishment of the Iveagh Markets, arrival of a growing Dublin food and bar scene including Mongoose, Variety Jones, Spitalfields, Anti-Social, Rumi and 2 Pups Coffee / Notions etc. This cafe unit is located just outside the old city walls and is within a short walking distance of Vicar Street, which is one of Irelands premier music venues. It is also located close to NCAD/ the National College of Art and Design as well as Saint Augustines church and Harry Clarkes House. The property is conveniently located in the heart of a Dublin tourism hotspot and is within a very short distance from some of Dublins most popular and historic visitor attractions. The Guinness Storehouse, Christchurch Cathedral, Dublinia Viking Museum, St. Patricks Cathedral, Viking Splash Tours, Dublin City wall, Dublin Castle and several whiskey distilleries and visitor centres including Pearse Lyons distillery on James Street and a host of popular cafés bars and restaurants. Staycity Tivoli is also located close to the Digital Hub which is a start-up centre for Irelands largest cluster of technology, digital media and internet companies. Some past Digital Hub companies include Amazon, Stripe, Daft.ie, Havok and Riverdeep etc. This area of Dublin has recently seen some strong regeneration and development in recent years including the Pearse Lyons Distillery and visitor Centre in St. Jamess Church, Digital Hub development of the Grain Store building and Binary Hub student accommodation. Other developments planned for the area include the development of the Guinness Brewery site into a dynamic urban quarter, the Iveagh Markets by DCC, Grand Canal Harbour site by Marlet, Digital Hub phase 2 and development of 2 sites to the rear of Vicar Street for a boutique hotel and student accommodation on Garden Lane. This is a very popular area for IT and design companies given the close proximity to the Digital Hub, NCAD. The subject property is located in a very popular tourism District and is within 5 minutes walking distance from Temple Bar and a host of popular cafes, restaurants and bars.
BER Details
B E R A3€28,000 per year
Restaurant / Bar / Hotel
Robert Colleran
Robert Colleran Property Consultants Ltd
PSR Licence No. 004367-008743
