€340,000 for shop/office

It is likely to rent at €25,000 per annum

The retail or office unit at The Watermint in Cabinteely, Co Dublin
The retail or office unit at The Watermint in Cabinteely, Co Dublin

Agent Owen O’Reilly is quoting €340,000 for a retail or office unit at The Watermint in Cabinteely, Co Dublin.

The building extends to 95sq m (1,022sq ft) and would suit a variety of uses including retail, office and a restaurant.

It is likely to rent at €25,000 per annum.

This will give an investor a return of over 7 per cent once purchaser costs are taken into account.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times