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46

€1,700,000

8, Eustace Street, Temple Bar, Dublin 2

345m2

Investment Property

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Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 345m2
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5 Star Guesthouse Accommodation Completely rebuilt & extended terraced Georgian building at 8, Eustace Street, Temple Bar. Total 100% rebuild carried out from 2005 - 2007. 3 floors above retail shop and extended retail basement and extended return at rear. Currently operating as 5 star Guest House overhead with 4 large guest suites . Guesthouse in operation 14 years trading with 95% + occupancy. Newly decorated and fully furnished with huge non refundable advanced future payments and bookings well into 2021. Easily managed with few staff and highly profitable. 5 star rating with booking Agents. Full planning permission for 'Short Term' lettings of 4 suites. Own private and secure entrance. All furnishings included in sale. Ground floor Shop Retail & Retail Basement Ground floor extended retail shop and extended basement. Shop and basement 1550 sq ft appx. Ground floor shop with full planning permission for Adult Business. Retail permission at basement level currently trading as Adult Cinema. Toilet at ground floor and basement. Office at rear of store with ample storage areas. Contents of store to include: * All Shelving & Display Cabinets. * Advanced CCTV system. * 2 Intruder Alarm systems. * Contents of Basement to include Televisions & Recorders. Freehold building with low rates and overheads. Easily managed by new owner / operator or lease out both businesses on new lease agreement with high rent returns. Certified figures available for past 10 years. Over 1 million spent in the rebuilding and extending of this property. Full architectural plans with invoices and audited accounts available. Both businesses trading and hugely profitable. Can be sold with vacant possession or carry on with both thriving businesses with new leases. Ideal and lucrative investment for owner occupier or Investor to place in a Manager to run both investments. Vat at the current rate is applicable on top of the purchase price. Viewing recommended BUT by appointment only.

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Property Facilities

  • Phone Lines
  • Alarm
  • Toilets
  • Reception
  • Kitchen Area

BER Details

SI_666

Statistics

23/02/2021

Entered/Renewed

5,572

Property Views

Daft ID: 53506976

Contact

profile

Liam Whelan.

Contact me about this property

087-7988393 or 087 2744840

When to call:

08.00 - 17.00

Contact

profile

Liam Whelan.

087-7988393
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