€340,000 for shop/office

It is likely to rent at €25,000 per annum

Agent Owen O’Reilly is quoting €340,000 for a retail or office unit at The Watermint in Cabinteely, Co Dublin.

The building extends to 95sq m (1,022sq ft) and would suit a variety of uses including retail, office and a restaurant.

It is likely to rent at €25,000 per annum.

This will give an investor a return of over 7 per cent once purchaser costs are taken into account.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times