North Circular Road, Phibsborough, Dublin 7

Brennan Property Consultants are delighted to bring this excellent investment opportunity to the sales market (alternatively with the option to lease the retail premises).

The retail element of the premises comprises a currently vacant ground floor retail unit extending to approximately 130sqm/1401 sqft with kitchen and bathroom. The property is located in a busy location near Doyle's Corner in Phibsborough.The whole property is available to purchase or alternatively there is the option to lease the retail unit on its own.

The property comes with 3 very valuable car spaces outside the shop front.

This Property is easily accessible due to its proximity to the North Circular Road, the LUAS Green Line and various Dublin Bus routes. It was most recently tenanted by a charity shop but will suit many businesses with the area benefiting from excellent footfall.

There is a two double bedroom apartment upstairs with fitted wardrobes, renovated in 2020 to BER C2 with a new gas boiler and triple glazed windows. It is currently tenanted with passing rent of 1913pcm.

This property will suit the savvy investor or alternatively it could suit a retail business who wishes to own their own retail unit and invest in a tailored fitout while also having the income from the upstairs unit coming in. There are also options for developers to look at redeveloping the ground floor for residential purposes and avail of the planning exemptions that may be available (subject to your own advice).

With the retail unit, car spaces and residential element fully tenanted there is the capacity for the unit to reach an income level of 60,000 plus per annum making this a very attractive investment.