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€1,750,000 or €150,000 per year

8, Eustace Street, Temple Bar, Dublin 2

4560 sq. ft.

Restaurant / Bar / Hotel

Property Overview

  • Available From: Dec 31st, 2022

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 4560 sq. ft.
For Sale or To Let entire building ------------------------------------------------- Attention Investors, Entreprenures & Managers Restored / Rebuilt Property Investment 5 Star Guesthouse Suites (4) AND Retail Ground floor Shop and Retail Basement ( Full Planning for 4 Short Term Lets ) Currently operating as 5 star Guesthouse ( Full Planning for Retail Ground floor & Basement ) Currently operating as Adult Store Completely rebuilt & extended terraced Georgian building at 8, Eustace Street, Temple Bar. Total 100% rebuild carried out from 2005 - 2007. 3 floors overhead and extended at rear. . Currently operating as 5 star Guest House with 4 large guest suites . Guesthouse in operation 17 years trading with 95% + occupancy. Newly decorated and fully furnished with huge non refundable advanced future payments and bookings well into 2023. 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. See web site for accommodation details. Owner retiring. www.themerchanthouse.eu New 25yr Lease offered, 5 year reviews upwards, Full FRSI lease. Superb booking agent. Deposit €50k Rent €150K per annum + vat . Leasehold price of €100k + vat includes furniture, fixtures, bedding & linens . Business operating 17 yrs. Experienced tenant required with capitol and track record established. No time wasters please. All future reservations handed over to new tenant. Retail Ground Floor Shop & Retail Basement ( Vacant Possession if required ) Superb retail ground floor store 1200 sq ft & 1187 sq ft basement. All air conditioned , CCTV , two bathrooms. Full planning for retail use subject to change with new 25 yrs FRSI lease. Leasehold price of € 50k + vat for shop fixtures, fittings , shelving, CCTV, display cabinets, counter etc. To Rent : One tenant for whole building on 25yr lease. OR Investor to purchase outright. ( €1.2m spent on total refurbishment, extension and rebuilding of premises in 2007. Details available ) Viewings strictly by appointment with proof of funds first. No time wasters please This is a unique opportunity to invest in a beautiful property and secure a substantial rent return on your investment. Viewings strictly by appointment with proof of funds first. There are NO offers being entertained..

Property Facilities

  • Phone Lines
  • Alarm
  • Toilets
  • Kitchen Area

BER Details

SI_666

Statistics

09/08/2022

Entered/Renewed

2,665

Property Views

Daft ID: 59599618

Contact

profile

Liam Whelan

0872744840