The subject property is available For Sale by Private Treaty. The property is occupied by Individuals T/A The Art Caf. The property is currently in use as a Caf and has been fitted to a high standard. It benefits from a dual frontage and access on FrenchmanTM Lane & Lower Gardiner Street. The demise extends to a GIA of 164 sq. m. (1,765 sq. ft.) and is laid out over two floors.
The ground floor consists of an open area with customer seating and to the rear a kitchen / preparation area. The 1st floor has been sublet to Bragadeiros, a Brazilian chocolate shop, and comprises a preparation area and a small seating area to the rear. There are customer restrooms located on the 1st floor. This is an excellent City Centre investment opportunity.
Rent: 48,000 per annum
Lease Term: 35 Years
Term Commencement: 1st June 2012
Expiry: 31st May 2047
Rent reviews: Every 3 years (2021, 2024 etc.)
The property is located on the corner of Lower Gardiner Street and FrenchmanTM Lane next to an excellent selection of fine Hostels on its doorstep including PaddyTM Palace & Isaacs Backpacker Hostel. St. Stephen's Green, Grafton Street and O'Connell Street are all within a 10 minutes-walk.
There are many notable services and amenities nearby including Trinity College Dublin, Connolly Station, Busarus Central Station, The Guinness Storehouse and St. Marys Cathedral.
The area is one of the most accesible locations in Dublin with excellent transport links such as Dublin Bus, DART Station, Busarus and Red Luas Line all on your doorstep. The immediate surrounding area comprises a mixture of retail, office and residential uses.