{"id":586850,"date":"2026-07-15T11:53:39","date_gmt":"2026-07-15T11:53:39","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/586850\/"},"modified":"2026-07-15T11:53:39","modified_gmt":"2026-07-15T11:53:39","slug":"prime-pair-of-retail-investments-off-grafton-street-for-e6m-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/586850\/","title":{"rendered":"Prime pair of retail investments off Grafton Street for \u20ac6m \u2013 The Irish Times"},"content":{"rendered":"

Private investors and family offices are expected to be among the parties to run the rule over the sale of two fully let investment properties <\/a>just off Grafton Street in Dublin\u2019s south city centre. <\/p>\n

Numbers 57 William Street and 1 Coppinger Row are generating total rental income of \u20ac427,000 from three tenants and are being offered to the market by agent Colliers in one lot at a combined guide price <\/a>of \u20ac6 million. Should a sale proceed at that level, the incoming owner would be in line for a net initial yield of 6.47 per cent after standard purchasers\u2019 costs. <\/p>\n

Number 1 Coppinger Row comprises a four-storey over-basement building extending to a net internal area of 6,349sq ft, with independent own-door access to the upper floors from Coppinger Row. Number 57 South William Street is a four-storey building extending to a net internal area of 3,936sq ft. The two buildings are interlinked at basement level, providing a shared rear escape route and have recently undergone extensive refurbishment. <\/p>\n

\"NumberNumber 1 Coppinger Row and 57 William Street are interlinked at basement level <\/p>\n

The ground floor and basement of 1 Coppinger Row are let to Lion Hunt Limited t\/a Coppinger Restaurant on a 25-year lease expiring in August 2048, at a passing rent of \u20ac145,000 a year. The upper floors are let to the Centre of English Studies Limited (CES) under a 10-year lease expiring in January 2028, generating a passing rent <\/a>of \u20ac102,000 a year. Founded in Dublin in 1979, CES is one of Ireland\u2019s foremost English language schools.<\/p>\n

Number 57 South William Street is fully let <\/a>to Urbana Beauty Distribution Limited on a 20-year lease expiring in November 2044, subject to a passing rent of \u20ac180,000 a year. Urbana Beauty is a well-established operator with clinics in Dublin and Drogheda.<\/p>\n

The subject properties occupy a prime location just off Grafton Street. The surrounding area has a strong mix of established hospitality operators, including Peter\u2019s Pub, Farrier and Draper, Metro Cafe and Grogan\u2019s, alongside leading hair-and-beauty salons such as Dylan Bradshaw, Brown Sugar and Salon Zeba. <\/p>\n

Michele McGarry of Colliers says: \u201cThis is an opportunity to acquire two well-let properties … We expect strong demand.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Private investors and family offices are expected to be among the parties to run the rule over the…\n","protected":false},"author":2,"featured_media":586851,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[73],"tags":[79,30821,67859,18,19,2003,17,62844],"class_list":["post-586850","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-colliers","tag-dublin-2","tag-eire","tag-ie","tag-investment","tag-ireland","tag-retail-investment"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116923859962802507","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/586850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=586850"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/586850\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/586851"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=586850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=586850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=586850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}