Search Results

19 Wicklow Street, Dublin 2

Investment Property (289.35 sqm) Sold
of

Sold

Features

  • High profile property located less than 130 metres from Grafton Street
  • Excellent long term investment opportunity with established tenants
  • Building extends to approximately 289.35 sqm (3,115 sqft) on a net internal area basis
  • Current passing rent is €103,100 per annum which has a weighted average unexpired lease term of 10.15 years
  • Passing rent is considered reversionary
  • Two leases, representing over 95% of the current rent, are set to be reviewed in February 2017
  • Alternative uses may be considered on the upper floors, subject to planning permission

Location

No. 19 Wicklow Street is situated on the northern side of the street between its junctions with Clarendon Street and St. Andrew’s Street. The property is located less than 130 metres from Grafton Street, Dublin’s main shopping thoroughfare.

Wicklow Street is one of Dublin city centre’s most sought after retail locations and experiences high volumes of footfall and vehicular traffic. The immediate area has a wide offering of retail shops cafés and restaurants. Adjacent occupiers include Brown Thomas, Weirs, COS, Kiehl’s, and Louis Copeland.

Full Description

The property comprises a mid-terrace four storey over basement building of traditional construction with a red brick exterior which dates from the early 1900’s.

The ground floor benefits from approximately 4.7 metres frontage onto Wicklow Street and established restaurant use which is supported by kitchen & storage space at basement level (total size: 113.62 sqm). The upper floors which benefit from independent access are entirely in commercial use. The first floor has established retail use and also benefits from a large attractive window display. The second and third floors provide for office and ancillary accommodation.

Notably, the ground/basement and first floor tenants have amalgamated their demises with the adjoining buildings, No. 20 & No. 18 Wicklow Street respectively, in which they have separate leasehold interests. There are reinstatement provisions set out for the tenants in the leases.

The property benefits from the use of a common courtyard area to the rear of the building which is accessed via laneway that runs underneath part of subject property. This laneway is in separate ownership.

Viewing Details

By special appointment with the sole letting agent, Lisney.

Accommodation

    Floor Sqm (N.I.A.) Sqft (N.I.A)
    Basement 45.46 489
    Ground 68.16 734
    First 60.01 646
    Second 59.86 544
    Third 55.87 601
    Total 289.35 3,115

     

    Website

    www.19wicklowstreet.com

BER Details

BER: E2
BER No. 800505919
Energy Performance Indicator: 1184.8 kwh/m2/yr kWh/m2/yr

Contact Details

Address: St Stephen's Green House, Earlsfort Terrace, Dublin 2
Telephone: +353-1-638 2700 or you can also email us at dublin@lisney.com

Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.

3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation  are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation or for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant.

  4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Recently Sold or Let in this area

  • Camden Street, Dublin 2, South City Centre

  • Golden Lane, Dublin 2

  • Hanbury Mews, Hanbury Lane

  • The Merrion Collection, Dublin 2