Friday 16 November 2018

€180k to secure a pitch in Dublin 8

Stock image
Stock image
Ronald Quinlan

Ronald Quinlan

Greg Kaveh of CBRE is quoting a price in the region of €180,000 for a ground floor retail unit at 78, Francis Street in Dublin 8.

The property, which is being sold with the benefit of full vacant possession, sits within a three-storey, mixed-use building.

The ground-floor unit being offered for sale extends to 112 sq m (1,200 sq ft) and is presented in very good condition throughout.

No 78 occupies a prominent pitch on Francis Street close to its junction with the Coombe Hospital.

Based on the subject property's asking price of €180,000, the prospective purchaser can expect to secure a net initial yield of approximately €150 per square foot.

Indo Business

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