2 South Anne Street, Dublin 2

2 South Anne Street, Dublin 2

Location

South Anne Street is a bustling street located in the heart of Dublin linking Grafton Street and Dawson Street. South Anne Street is renowned for its lively and vibrant atmosphere. Lined with trendy shops, cafes, restaurants, and pubs it is truly is one of Dublin’s unique streets. South Anne Street’s location enables it to capture footfall from Grafton Street and Dawson Street. The area is very accessible with green line Luas links at the Dawson Street stop and St. Stephen’s Green stop as well as multiple bus route links. There are also multi storey car parks located nearby at Dawson Street, Setanta Place and St. Stephen’s Green.

Description

2 South Anne Street is a 4 storey over basement retail unit which extends to 2,211 sq. ft. The unit is fitted out to a high standard with a BER rating of D1. The unit is fully occupied with well fitted trading floors at ground and first floors and storage space at second and third floors with approx. 4.68 metres frontage onto South Anne Street. The property is being sold with the benefit of an assignable measurement survey which may be summarised as follows.

Floor	Sq. M.	Sq. Ft.
Third Floor	44.0	474
Second Floor	38.6	415
First Floor	39.4	424
Ground Floor	38.6	415
Basement	44.9	483
Total Floor Area	205.5	2,211

The Lease

The property is fully leased to Astrid & Miyu on a 10-year lease which commenced on 31/7/2023. There is a tenant only break option at the expiry of the third and sixth year of the lease with a penalty of half a year’s rent if utilised. The vendor also holds a €25,000 deposit from the tenant. The occupier has been granted nine months’ rent free from lease commencement plus an additional 3 months’ rent free from the start of year four if the first break option is not exercised. The current passing rent is €100,000 p.a.

Viewing

For further information, please contact the sole selling agent

BER