28 O'Connell Street Lower, Dublin, D01 | Property for sale | Savills
Asking price €3,500,000

28 O'Connell Street LowerDublin, D01

  • Sole agency
  • Freehold
Investment

Key features

  • Landmark commercial building located adjacent to the new Clerys Quarter.
  • Entire is leased to Xeon Dental Services Ltd t/a Smiles Dental Spa.
  • Tenant parent is British United Provident Association (BUPA).
  • 19 years unexpired subject to an upwards only passing rent of €160,000 p.a.
  • Tenant not affected

Exceptional city centre commercial investment held on a 35 year FRI lease subject to an upward only passing rent of €160,000 per annum.

About this property

  • No. 28 O’Connell Street Lower comprises a mid-terrace five storey over basement Edwardian building providing retail accommodation at ground level with office, retail and ancillary accommodation overhead and at basement level. The building has a distinct character which is complimented by an 8.6m wide portico of four fluted columns and ornate stone façade.

Local information

  • The property is located on the eastern side of O'Connell Street Lower, one of Dublins principal retail thoroughfares and adjacent to the iconic former Clerys department store and soon to open Clerys Quarter.
  • The location is highly accessible and the property is ideally situated opposite to O'Connell Street Lower Luas stop.
  • Occupiers in the immediate vicinity include Eason, Penneys, Schuh, Burger King, Mc Donalds, Asics and a number of banks and eateries. Major shopping destinations nearby include Jervis Street Shopping Centre, Ilac Centre, Arnotts. All of which are located along Henry Street Shopping District approximately 100m northwest of the subject property. Grafton Street Shopping District is approximately 500m south of the subject property.