Bakers Bar and six apartments in Dublin 8 for €1.4 m

The property on Thomas Street brings in more than €140,000 a year in rent

Bakers Bar and six apartments at 47-48 Thomas Street, Dublin 8
Bakers Bar and six apartments at 47-48 Thomas Street, Dublin 8

DNG Advisory is guiding €1.4 million for the Bakers Bar and six apartments at 47-48 Thomas Street, Dublin 8, which will show a gross yield of 10 per cent.

The bar sells food as well as alcohol and produces a rent of €52,000 a year.

The residential element includes two one-bedroom apartments, three two-bedroom units and one three-bedroom apartment which produce a rental income of €77,400. There is an additional income of €11,050 from a mobile telecommunications mast on the roof.

Bakers Bar on Thomas Street, Dublin 8
Bakers Bar on Thomas Street, Dublin 8
Jack Fagan

Jack Fagan

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