£2.5m-plus expected for office on Merrion Square

A Georgian office investment at 22 Merrion Square, Dublin 2, is expected to make in excess of £2

A Georgian office investment at 22 Merrion Square, Dublin 2, is expected to make in excess of £2.5 million when it is auctioned on April 13th through DTZ Sherry FitzGerald. The mid-terrace house has almost 7,000 sq ft of space which is let to a range of tenant on leases expiring mainly in July, 2001. The current rental income is £94,500 but the agents estimated that the full rental value is more than £200,000 per annum. There are 16 car-parking spaces at the rear.