Jones Investments, the property development group headed by Chris Jones, has engaged Savills and Agar Commercial Property as joint agents to offer the former AIB building in Donnybrook, Dublin 4, for sale at a guide price of €2.5 million. The property, at 69-71 Morehampton Road, is alternatively being made available to let at an annual rent of €180,000.
Located at the junction of Morehampton Road and Marlborough Road, the property comes to the market with the benefit of two grants of planning permission in place. The first of these approvals permits the use of the building for grocery retail with ancillary off-licence and stores. The second permits restaurant/cafe use and upper-floor medical/office use.
The property occupies a prime trading position within Donnybrook village with 17.5m of frontage on to Morehampton Road and a total of 365 sq m (3,928 sq ft) of space distributed across ground and first-floor levels. The subject property has a rear yard, which is accessed off Marlborough Road.
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The building has had bespoke feature glazing installed by the owner and is being offered to the market in shell condition, ready for fitout by a new owner or occupier.