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An infill development site in Dublin's south docklands with planning permission for a ground floor cafe or retail unit and seven two-bedroom apartments on the upper floors goes on sale from Wednesday.
Brian Gaffney of agents Murphy Mulhall is seeking offers in excess of €1.35 million for the L-shaped site, which extends to 0.02 of a hectare (0.04 of an acre) and is located between the Ferryman bar and the Clayton Hotel.
The site is currently occupied by a single storey showroom premises and stores let to Crown Paints at €40,000 per annum, with the lease due to expire in August 2018.
The site is adjacent to the Bord Gáis Energy Theatre and a range of shops and bars around the Grand Canal Basin, as well as a number of leading firms including McCann Fitzgerald, Dillon Eustace, Kennedy Wilson, Facebook and William Fry.
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The planning permission provides for a ground floor retail unit extending to 73sq m (786sq ft) and seven apartments with floor areas of 99.5sq m (1,070sq ft).
There is currently a huge shortage of residential accommodation in Dublin’s south docks area.
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