Number 1 Parliament Street is well located at the junction with Dame Street in Dublin city centreAgent BDM Property is guiding a price of €7.5 million for a substantial mixed-use commercial and residential investment in the heart of Dublin’s south city centre.
Located at the intersection of Dame Street and Parliament Street and at the entrance to the city’s Temple Bar district, number 1 Parliament Street, the subject property comprises a landmark four-storey over-basement redbrick period building of 946sq m . The ground floor and basement level extends to 424sq m and is occupied by a licensed premises known asand The Oak . This portion of the property is let on a 20-year lease from 2022 at a rent of €220,000 annually.
There is a break option in year 15. Overhead, there are ten fully upgraded apartments comprising six one-beds and four two-beds which are all vacant and ready for first letting. Each apartment has been upgraded to a high standard and all have an abundance of natural light with some having exceptional views of Dublin Castle and the surrounding area. Access to the apartments is divided between Dame Street, Parliament Street and Crane Lane.