Rare retail opportunity in Temple Bar with freehold premises for €1.2m

Sale of two interlinking two-storey retail units on Essex Street

Temple Bar: the ground-floor restaurant unit at 33/34 Essex Street
Temple Bar: the ground-floor restaurant unit at 33/34 Essex Street

In a rare sale of a freehold business premises in Dublin's Temple Bar, QRE Real Estate is guiding in the region of €1.2 million for two interlinking two-storey retail premises at 33/34 Essex Street.

The ground-floor restaurant unit is 241sq m (2,600sq ft) and is let to a company trading as The Big Shindig under a 25-year lease from 1996.

The rent of €75,000 is due to be reviewed in June 2016. The investment is being sold on the instructions of Ken Tyrrell of PwC.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times