Live over the shop in the Liberties for €650,000

Commercial unit with two flats overhead has potential for home and income

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Address: Lansdowne Partnership Estate Agents
Price: €650,000
Agent: Lansdowne Partnership Estate Agents
View this property on MyHome.ie

On Pat Liddy’s walking tours of Dublin the historian, author and artist describes Pimlico as a very traditional part of the Liberties where residents have maintained their identity.

Situated in the back yard of the Guinness brewery, it remains very much a self-contained part of the Liberties that hasn’t been affected by the development in the area, with nary a hipster cafe within sight.

Number 24 is a three-storey redbrick property that stands a storey higher than the rest of the street and looks across to the green in front of the flats on Meath Place. At the other end of the redbrick terrace, a carbon copy of number 24 bookends the row.

With a retail unit at ground floor level and two self-contained one-bed units above, it offers someone with relatively deep pockets an opportunity to work and live over the shop.

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It’s a corner unit that fronts on to Pimlico with the entrance to the accommodation on Meath Place where there’s also access to a narrow yard, big enough to store bins and bikes.

Overall the two-bedroom, three-bathroom property extends to 101sq m (1,087sq ft). The ground-floor unit, which measures about 45sq m (484sq ft), comprises a front shop that leads through an office and on through to a kitchen where there is a toilet and a back door to the yard.

The first-floor flat is about 30sq m (323sq ft) in size. Its double bedroom is set to the front and has a tiled fireplace. The kitchen is to the back and opens out to a private, east-facing deck that extends to more than 18sq m, giving this property an unusually large outdoor space. The current rental income is €14,000 per annum and it includes a decent-sized shower room.

On the second floor is another one-bedroom flat of 26sq m (280sq ft). The layout here sees the bedroom and shower room to the rear, its window framing a view of rooftops, and of the cathedral spires of both Christ Church and St Patrick’s. An open-plan living room-cum-kitchen spans the width of the property to the front. Its current rental income is €16,800, which is also the estimated rental value of the commercial unit.

The property, which has a Ber of E2, is seeking €650,000 through Lansdowne Partnership Estate Agents and could make a cool coffee shop with either two units or a two-bedroom two-storey duplex overhead, with some minor configurations.

Alanna Gallagher

Alanna Gallagher

Alanna Gallagher is a contributor to The Irish Times specialising in property and interiors