Sole Agents Mason Owen and Lyons are delighted to present 99/100 Baggot Street, Dublin 2 to the market For Sale. This boutique hotel and investment property is for sale by private treaty.
99-100 Baggot Street Lower is situated on the southwest side of Baggot Street Lower, mid-way between its junctions with Fitzwilliam Street and Herbert Place / Wilton Place / Baggot Street Bridge. The area is part of the established CBD, the Miesian Plaza is located opposite the property where occupiers are The Department of Health, among others. ESB is redeveloping its former HQ on Lower Fitzwilliam Street to provide 45,000 sq.m of new offices. The property is well served by public transport, with Pearse Street Dart Station located 1km north of Baggot Street. The Luas is situated 1.5km southwest of the property at Charlemont Luas Station. Numerous bus routes serve Baggot Street.
99-100 Baggot Street Lower comprises a pair of Georgian buildings fronting Baggot Street Lower and two mews coach houses fronting Hagans Court. There is vehicular access via an archway through the mews buildings to a car park between the front and mews buildings. The courtyard between the buildings has a tarmacadamed surface and provides parking for 10 cars.
The property is held under a freehold title
The basement of the property and ground floor of No. 100 Baggot Street is let to Two Sister Families Limited t/a Chai-Yo Restaurant. The lease is for a term of 25 years from the 1st of September 2002 on full repairing and insuring terms. The passing rent is €78,000 per annum payable monthly in advance. The rent is subject to 5 yearly upward only rent reviews to market value.
10 car spaces in the rear courtyard are licenced to Bank of Ireland at a licence fee of €10,442 per annum.
236 total views