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For SalePOA

3 Ranelagh, 6

General Retail, Mixed Use, Retail, Other Property Types & Opportunities , 393 Sq Ft
Property type: General Retail, Mixed Use, Retail, Other Property Types & Opportunities
Tenure: Investment Opportunity, For Sale Freehold
Size: 393 Sq Ft
Price: POA
Location: 3 Ranelagh
3 Ranelagh is a unique coffee shop enjoying a pivotal location at the City end of Ranelagh Village and adjacent to the main entrance to the local LUAS Station. The location is c.1.5km from the City Centre, Rathmines and Donnybrook and also enjoys excellent transport links to the national road network.

Ranelagh is an exceptionally popular destination for shopping and business throughout the week, while the evenings and night-time are popular with professionals who are drawn to the numerous high-end bars and restaurants that the area has become synonymous for. The surrounding residential roads are home to some of the capital's most exclusive properties with many of the local coffee
shops, restaurants and local businesses catering to the area's strong weekend demand. These include Exchequer Wine Bar, TriBeCa, SuperValu, Flye Fit and McSorley's.

Exceptional opportunity to acquire a busy high-quality caf� in this most prestigious of locations, with the added benefit of regular passing trade from the busy LUAS Station.
Extending to 36.5 Sq.M., this property is in excellent order
throughout, having been completely renovated in 2016-2017 and now featuring a central vaulted ceiling (featuring storage areas) overhead the main caf�.

Two Fifty Square Coffee is a well-known coffee chain which has established a strong reputation amongst coffee lovers through their original Rathmines outlet. In addition to caf�s, the business roasts their own coffee beans and supplies many of the higher-end artisanal caf�s in Dublin.

We are advised that the property is freehold subject to the following

The entire building is let to Two Fifty Square Coffee Bar Limited on a 15 year lease dated September 2017, and is subject to a reserved rent of �30,000 per annum (exclusive). This lease is guaranteed by Park Lane Coffee Company Limited. There is a break option at the end of year 10. The lease incorporates rent reviews at 5 yearly intervals to Open Market rents.

( Agency Pilot Software Ref: 2038006 )
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