38/39 Leeson Street Lower, Dublin 2, Ireland
POA For Sale- Four-storey over basement mixed use Georgian investment opportunity
- Mix of office, leisure and residential use extending to approximately 1,400 sq. m (15,080 sq. ft)
- Freehold title
- 9 car spaces
- Passing rent of €244,900 pa increasing to €279,900 pa on 1st Jan 2023*
- Eight current tenancies with two vacant units
- Commercial WAULT of c.6.3 years (based on stepped rent)
- Guiding €4.75m reflecting a net initial yield of 4.69%
- Reversionary potential with letting of vacant units and fixed uplift
- BER E1
*Letting agreed for vacant ground floor office at €18,000
