The Thornton’s Tyres property near St James’s Hospital in Dublin 8 is fresh to the market this week with joint agents Lisney and Fergus Slattery Investments quoting €750,000 for the infill site of 0.2 acres.
Thornton’s is located at 646-648 South Circular Road and is zoned Z6 Employment/Enterprise Zone which provides for the “creation and protection of enterprise and to facilitate opportunities for employment creation” in the Dublin City Council Development plan 2010 to 2016. Under this zoning many uses are permitted including residential, offices, medical consultants, funeral home and hostel.
This is a mature residential location close to the Luas stops at Rialto and Suir Road about 3km from St Stephen's Green. It adjoins the 82-unit Hyde Square apartment development and is opposite the Hybreasal scheme.
The filling station and tyre depot has 500sq m (5,400sq ft) of space which includes a three-bedroom apartment that is producing a rent roll of €15,600.
Thornton’s has frontage of 23.7 metres to the South Circular Road. There is a ground floor commercial unit with tyre bay and office of 72sq m (775sq ft) and an office with yard and extensive storage units of 360sq m (3,875sq ft) which is capable of yielding an income from the existing use.
