Interlinked buildings on Eden Quay offered for £1.8m-plus

Two interlinked buildings at numbers 22 and 23 Eden Quay, Dublin 1 are being sold at auction on July 5th by agents Finnegan Menton…

Two interlinked buildings at numbers 22 and 23 Eden Quay, Dublin 1 are being sold at auction on July 5th by agents Finnegan Menton who are quoting a guide price of £1.8 million. The 6,835 sq ft of accommodation, with four parking spaces, produces £120,000 per annum, or around £16.50 per square feet, which suggests an initial yield in excess of six per cent. Agents Finnegan Menton point out that the tenants, Custom House Fund Management Ltd, manage more than £1 billion worth of funds and represent a very good covenant. The building has been extensively refurbished.