Excellent investment opportunity in a character location

The property better known as Hosty’s is located in Bohermore, one of the main arterial routes linking the city centre to the east side of the city. The premises are situated 150 metres east of Eyre Square.

Hosty’s bar which is located over ground and basement floor, extends to approximately 269sq m and is laid out to provide an open plan bar and off licence. Wc facilities, kitchens, and staff areas are provided for in the basement. Hosty’s Bar is let on a four year 11 month lease from September 2009 at a current rent of €26,000 per annum.

The sale of the property also includes two attractive one bedroom apartments which are located on the first floor and are accessed from the side of the property off Water Lane. The residential units are let on short term residential agreements producing an income of €16,200 per annum.

The tenants in the property are not affected by the sale. The property is for sale by private treaty with a guide price of €400,000

Further details are available from DTZ Sherry FitzGerald on 091 569181.

 

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