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51-52 Bolton Street, Smithfield, Dublin 1, Co. Dublin











Price On Application
Commercial site unit
Contact Name: Robert Colleran
Phone: 01 618 5549
PSR Licence Number: 001528
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Available to Move In: Immediately

Property Description 

The subject property benefits from a central Dublin City location, close to Parnell Street, The Ilac Shopping Centre, the Honorable Society of King\'s Inns (Irelands Oldest School of Law), DIT Grangegorman, the Mater Hospital and Smithfield. The property is also located close to the new LUAS stations at Broadstone and Dominic Street, the Air coach and a host of city centre bus routes. There is also an excellent bus network and service along Parnell Street and O\'Connell Street. There are a host of city centre shops, shopping centres, apartment blocks, offices, cafes/bars and restaurants located nearby in the immediate area. Adjoining properties include an adjoining commercial property \'Kings law & general stationers\' and Dublin Institute of Technology Bolton Street which is located directly opposite the road from the property. The immediate area has experienced extensive re-development over the past number of years with a number of residential schemes being developed including 2 new student accommodation buildings on Dorset Street and Dominick Street to name but a few. The new DIT Grangegorman Campus will see the influx of 22,000 students and staff over the coming years. There may be demand for up to 10,000 residential rental units from students and lecturers.

The subject property provides a regular shaped car park site at the rear of the premises that comprises an area of approximately 0.03 hectares (0.06 acres), with access from Henrietta Place. The existing building on the site comprises a 4 storey over basement mixed use premises, which is currently rented out to Subway and Flynn Signs under a short-term Lease with a total rent of 20,500 p.a. We understand that the first floor can be converted from office use into apartments. There are 2 floors of apartments overhead that are in separate ownership.

The property is zoned Objective Z5 - Mixed Use, which is \'to consolidate and facilitate the development of the central areas and to identify, reinforce, strengthen and protect the civic design, character, dignity\' in the Dublin City Development Plan 2017-2022.

The owner received outline planning permission for the construction of a new 5 storey apartment building of circa 860 sq m gross floor area fronting on to Henrietta Place. The outline planning permission will provide for 7 apartments and a basement floor that will provide for storage and services (Planning number 3004/17). The accommodation on floors 1 to 4 will comprise four 1 bed apartments and four 2 bed apartments. The uppermost floor includes 2 bed apartments and a communal roof terrace.

Contact Agent 

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CBRE

Letting Agent

CBRE
3rd floor, Connaught House
Number One Burlington Road
Dublin 4
Ireland
Contact Name: Robert Colleran
Phone: 01 618 5549

Property Location 

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