A WELL located business premises with further development potential opposite DIT on Bolton Street, Dublin 1, has been relaunched on the market at an asking price of €2 million – €1.5 million less than the guide price when it was first offered for sale two years ago.

Edel House at 51/52 Bolton Street has two self-contained shops with a combined space of 137sq m (1,475sq ft) on the ground floor and a basement currently used as a workshop.

The first floor is in office use but there is planning permission to convert it into two apartments.

The yard to the rear had planning permission up to recently for a five-storey residential development comprising seven apartments and eight car-parking spaces.

The building is in a vibrant business area close to both Henry Street and O’Connell Street as well as the Ilac centre, Jervis Centre and King’s Inns.