A four-storey over basement Georgian house in Dublin city centre, with planning permission for use as a third-level educational centre, is on the market through Savills.

An asking price of €1.25 million has been set for 7 Lower Hatch Street, a multi-roomed building which has been in educational use.

VAT will not be payable on the building which has a net internal area of 282sq m (3,039sq ft). There are four car parking spaces.

David O’Malley from Savills said he already had inquiries about the building from the education sector and he also expected interest from investors and owner-occupiers