1 Upper Rathmines Road, Rathmines, Dublin 6: principal tenants are Pizza Hut and architects Lafferty Design and Development. The rent roll is £106,000

A private investor has paid close to £1.3 million for a retail and office investment at 1 Upper Rathmines Road, Rathmines, Dublin 6. The net initial yield is 7.66 per cent. The principal tenants are Pizza Hut and architects Lafferty Design and Development. Additional income comes from an ATM let to Ulster Bank, a roof mast and a privately run public telephone booth. The current rent of £106,000 is set to increase later this year when the terms of the Pizza Hit lease are reviewed. Nicholas Corson of Finnegan Menton acted for the purchaser and Kieron Diamond of Ganly Walters advised the vendor.