For Sale: 26-29 Old Kilmainham, Dublin 8, D08 TN5P

For Sale

Private Treaty

26-29 Old Kilmainham

| Dublin 8

€

4,500,000

Asking price

Summary

Retail showroom and offices in two buildings with combined GIA of c. 2,086.5 sq.m. / 22,459 sq.ft. with full vacant possession of the front buidling and secure income on the rear (to June 2033) on a site c. 0.173 Ha / 0.43 acres with redevelopment potential.

Location

The property is located fronting Old Kilmainham (R810) which runs west from James’ Street / Thomas Street towards Emmet Road. Given the close proximity to the new Children’s Hospital, Kilmainham Gaol, The Royal Hospital Kilmainham, Dublin Woo, St. James’s Gate Guinness Store House and Open Gate Brewery this would also be seen to be a viable site for a new boutique hotel development.

Situation

Situated on the northern side of Old Kilmainham Road, the property is close to St. James’ Hospital and the new National Children’s Hospital. It is approximately 2km west of St. Stephen’s Green and 200 metres east of the junction of South Circular Road, Emmet Road and Old Kilmainham.

Description

The property comprises a rectangular site containing a large, three-storey commercial building with two-storey section to the rear and separate, new, four-storey office / training building to the rear. There is parking for around 25 cars.

The overall site measures approximately 1,730 sq.m. / 0.173 Ha (0.43 acres).

The main building is of concrete frame construction at ground and first floor levels with brick-faced walls to the front. The second floor is steel and timber framed with a Mansard style roof.

Internally, the ground floor is laid out as open plan display / wholesale shop with a small, partitioned office, canteen and two W.C.’s. Double doors lead to the stores at the rear which, in turn, have a roller shutter door leading to the enclosed rear yard.

The first-floor offices are a mix of smaller cellular offices and larger meeting room. The second floor has offices set out in a square around a central roof garden.

To the rear of the main building, there is a modern four-storey office building and a small, enclosed yard with gated access at the western side of the main building.

It has a lift accessing all floors and has been finished to a very high standard with modern industrial style aesthetic. There is a patio area with seating overlooking the camac River to the rear.

Accommodation

Main Building
Wholesale / Showroom	397 sq.m.
Rear Stores	105 sq.m.
First & Second Floor Offices	808 sq.m.
Total GIA	c. 1,310 sq.m.

Four-Storey Academy Building (Offices, Training room and canteen)
Total GIA	c. 776.5 sq.m.

Combined GIA	c. 2,086.5 sq.m. / 22,459 sq.ft.

Tenancy Details

The modern academy building is occupied by Xpert Cosmetics Ltd. on a ten-year lease from June 2023 at an initial rent of €145,000 per annum. Market Rent Review after five years.

Zoning

Under the currant Dublin City Council Development Plan (2022-2028), the property is zoned objective Z10 – “Inner Suburban and Inner City Sustainable Mixed Uses” across the southern two thirds, and the northern third is zoned as Z9 – “Amenity / Open Space Land / Green Network”

Summary

This is a one-of-a-kind opportunity to acquire a large office and wholesale property with secure income on part and vacant possession of the remainder. It is an exciting development opportunity in one of Dublin’s fastest changing areas.

Asking Price €4,500,000

Viewings: Strictly by appointment with sole agents.

Contact Lead Agent

Simon Stokes

+353 1 2334600

simon@stokesproperty.ie

Your Investment Requirements

Make sure you hear about our new property investment sales first.

Let us know your current requirements and we will alert you as soon as suitable properties become available.

Update investment requirements

Make sure you hear about our new property sales first

We are part of the SV International Network

Have you considered purchasing property world-wide? View properties available from our international partners.

Downloads

Contacts

Stokes Property

+353 1 233 4600

Simon Stokes

+353 1 2334600

simon@stokesproperty.ie

Verification

Property address: 26-29 Old Kilmainham , Dublin 8,

Before you can submit a legally binding offer through clicktopurchase®, verification is required in order to meet money laundering regulations. Please complete the form accurately; the selling agent will be in touch to complete the verification process.

Please arrange for the Buyer’s Solicitor to return the Money Laundering Certificate to the selling agent.

Download Money Laundering Certificate.

By submitting your details, you agree to our Privacy Policy and you agree to receive information by email from us about our sales and services, and from other members of the network. You can unsubscribe at any time. If you would like to pass verification without completing the form, please contact us directly.

Bidder Information (This is you. You may also be the Buyer).

Bidder’s Name

Bidder’s Address

Bidder’s Email Address

Bidder’s Telephone Number

Buyer’s Information (The entity wishing to purchase the property)

Buyer (legal entity)

Buyer’s Ireland Address

Solicitor Information (This is the solicitor acting on behalf of the Buyer)

Solicitor’s Firm Name

Solicitor’s Name

Solicitor’s Email Address

Solicitor’s Address

Solicitor’s Telephone

Due Diligence

I understand that on submitting this form identity and credit checks will be conducted on the Buyer.