A modern mixed-use investment in the heart of Sandymount village is fresh to the market this week for €1.25 million through agent CBRE.
The property, 7 Sandymount Green with 375.3sq m (4,040sq ft), includes a restaurant on the ground floor and basement, and a spacious apartment overhead with a standout 13.5sq m (146sq ft) balcony overlooking the village green.
Pete’s, which occupies the well-established restaurant space, pays rent of €40,000 and has over 5.5 years unexpired on its lease term. The restaurant is fitted out to a high spec and includes an open-plan dining area, wine bar and pizza oven. There’s also a small food preparation area on the ground while the main kitchen area is in the basement.
The three-bed apartment, which is vacant, is spread across the two upper floors and includes a sizeable ensuite main bedroom, underfloor heating and a fully fitted kitchen. There is obvious scope to increase the rent roll when the apartment is let. Sandymount Green is 3km from St Stephen’s Green and within walking distance of the Dart and numerous bus routes.
