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Chez Max Restaurant Of Dublin's Lower Baggot Street Sold For Almost €2m

Published on Feb 27 2019 11:45 AM in Restaurant tagged: Chez Max

Chez Max Restaurant Of Dublin's Lower Baggot Street Sold For Almost €2m

The Chez Max restaurant of Dublin's Lower Baggot Street has been sold to a private investor for almost €2 million.

Extending to approximately 3,919 square feet, Chez Max hit the market with a €2.1 million price tag last February.

Rent

According to The Irish Times, the property produces €90,000 in rent, which would reflect a net initial yield of about 4.15% and a capital value of 50 per square foot.

© 2019 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.

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