PDs South Frederick Street building for sale for £725,000

A mid-terrace Georgian office building partially occupied by the Progressive Democrats at 25 South Frederick Street, Dublin 2…

A mid-terrace Georgian office building partially occupied by the Progressive Democrats at 25 South Frederick Street, Dublin 2, is for sale with an asking price of £725,000. Hamilton Osborne King is handling the sale. The PDs are paying £21,000 per annum for the ground and first floors of the building. The BBC occupies the two top floors and pays rent of £14,000 rent. A further £6,000 comes from the basement, which trades as Wellesley Ashe Gallery. The 3,273 sq ft building is close to the junction with Nassau Street. The agents say there is potential to double the rental income of £41,000.