Discover an exceptional opportunity to invest in a retail unit for sale in Dun Laoghaire, Dublin. This prominent three-storey over basement landmark building is strategically located at the junctions of Upper Georges St, Patrick St, Marine Rd, and Lower Georges St, offering premium visibility and accessibility in one of Dublin’s busiest retail areas. With tenants not affected, this property presents a unique investment prospect in a thriving commercial hub.
This impressive property encompasses a total internal area of 601 m² (6469 sqft) and is available for sale by private treaty. The retail unit, previously an ex-bank branch, boasts enhanced security features across its 171 m² (1842 sqft) space, complemented by a 35 m² (377 sqft) basement area. Above the retail unit, the top two floors are tenanted office spaces covering 237.82 m² (2561 sqft), and an additional tenanted unit at 111 Patrick St spans 157 m² (1689 sqft).
Historical Significance
Nestled in the heart of Dun Laoghaire, this building has a rich history dating back to the early 1920s when it was reconstructed as a bank. In 2010, it underwent redevelopment to become a ground floor retail unit with offices above. The ground floor has since been home to a distinguished family-owned jeweller, maintaining its status as a keystone of the local retail landscape.
Location and Lifestyle
Dun Laoghaire is synonymous with vibrant urban living, and this property is situated right in the centre of its bustling retail area. The location offers excellent pedestrian traffic and is well-connected by public transport, making it an ideal spot for businesses seeking high visibility and customer engagement. The surrounding area hosts an eclectic mix of boutiques, cafes, and cultural attractions that draw both locals and tourists alike.
Investment Potential
Priced at €2,500,000, this property offers substantial investment potential with its existing tenancies and prime location. The building’s energy rating is E2, with a BER Number of 800909806 and an Energy Performance Indicator of 485.13 kWh/m²/yr2.45, reflecting its efficiency and modernisation efforts.
Seller Details
The property is listed by Burke Kennedy Estate Agents. For enquiries, please contact them at [email protected] or call +353 877942119. Burke Kennedy Estate Agents hold a Property Services Regulatory Authority Licence Number: 003745.
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