£500,000 for two SCR retail and apartments buildings

A retail and commercial investment at South Circular Road, Dublin 8, is attracting an exceptional level of interest according…

A retail and commercial investment at South Circular Road, Dublin 8, is attracting an exceptional level of interest according to O'Connor Shannon which is selling it by private treaty. The agents are quoting £500,000 for two adjoining three-storey buildings which have two shops at street level and five self-contained apartments. Two large yards at the rear offer further development potential, the agents say. One of the two shops is currently vacant, the other one is producing £6,500 per annum with a review due next August. The agents estimate that the entire property has a potential rental value of around £44,000.