Six private investors have paid £3.75 million for a newly developed store at the junction of Jervis Street and Parnell Street, Dublin 2. The deal will produce a yield of 8.6 per cent, as well as capital allowances on 50 per cent of the cost. Multiple toy retailer Smiths will be paying a rent of about £350,000 per annum for the shop, which has 16,000 square feet at street level and 10,000 square feet in the basement. Ben Pearson advised the investors and Neil Bannon of Harrington Bannon acted for Smith.