Thursday 22 March 2018

Duke St special guiding at €2.6m

No 20 Duke St has potential for refurbishment or redevelopment
No 20 Duke St has potential for refurbishment or redevelopment
Ronald Quinlan

Ronald Quinlan

A RARE opportunity has come to the market to acquire a high-profile retail and commercial building with full vacant possession in the heart of Dublin city centre's most sought-after shopping and business district.

Located at a pivotal junction with Duke Lane Upper and within the busy pedestrian zone formed by Duke Street, Lemon Street, Royal Hibernian Way and South Anne Street, No 20 Duke Street is a three-storey, over-basement corner building extending to 190 sq m (2,045 sq ft).

The property, which has "superb potential" for either refurbishment or redevelopment, will be offered for sale by public tender on Friday, December 1 next. Agent Quinn Agnew is guiding in excess of €2.6m.

Manus Agnew of Quinn Agnew said: "This is indeed a rare opportunity to secure a trophy property with potential to enhance what is already a prime corner pitch suitable for a wide variety of uses."

No 20 Duke Street is adjacent to both the Nespresso outlet and the Duke Street entrance of Marks & Spencer's flagship Grafton Street store.

A number of popular bars such as Davy Byrne's, The Bailey, and Lemon & Duke also add to the vibrancy of the immediate catchment area.

The property also sits within a 50 metre walk of Grafton Street.

The commencement of Luas cross city services next month is set to increase visitor numbers to the area significantly.

Number 20 Duke Street is located close to the Luas Dawson Street stop.

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