A roundup of today's other stories in brief.
€200,000 paid for shop lease at Powerscourt centre
The jockeying for good trading positions for coffee shops in Dublin city centre is continuing. Cafe Togo has just paid key money of €200,000 for the lease held by Beacon Cove Cafe at the Clarendon Street entrance to the Powerscourt shopping centre. It previously traded as Gloria Jeans.
Lisney handled the sale of the lease for the vendor who was paying a rent of €51,000 for the ground floor retail unit of 70sq m (753sq ft).
€500,000 to buy or €30,000 to rent shop at D6 centre
Jones Lang LaSalle is quoting a selling price of €500,000 or a rent of €30,000 per annum for one of four shops in the Orlagh Centre in Knocklyon, Dublin 6. The unit of 47.14sq m (507sq ft) adjoins a Spar outlet as well as a Chinese restaurant and a hairdresser. "We expect a lot of interest both from people looking to rent and to purchase because of the shop's location in a mature and well populated area and the general lack of supply of good quality retail opportunities," says James Hardy of Jones Lang LaSalle.
Rathcoole site for €5 million
Colm McEvoy Commercial is seeking €5 million for a ready-to-go site for 28 apartments and commercial space at Main Street, Rathcoole, Co Dublin, which is for sale by private treaty. The development of four two and three-storey buildings will also include an underground car-park, 507sq m (5,457sq ft) of retail space and 186sq m (2,002sq ft) of offices. Rathcoole is off the N7, about 15kms south-west of Dublin city centre. The site is about 1km from Citywest Business Park.