Subscribe Login
Restaurant

Monkstown Restaurant Property On Market For €1.25m

By Publications Checkout

Monkstown's Seapoint Restaurant property in Co Dublin has been put up for sale by private treaty with a guide price of €1,250,000 by Lisney estate agents.

The restaurant, which has been trading in a two-storey redeveloped and extended 2,893 sq ft coach house since 2008, also has a south-facing courtyard, reports the Irish Times.

It is currently being rented at €90,000 per annum with a lease that has more than 16 years left to run and will report a net initial yield of nearly 7 per cent at the current asking price.

Get a FREE Digital Subscription!

Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy

Lisney says the property will attract interest from private investors looking to enter the hospitality industry which has been growing as a result of the improving economy.

Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription
Enjoy a FREE Digital Subscription
Enjoy full access to Hospitality Ireland, our weekly email news digest, all website and app content, and every digital issue.
Enjoy a FREE Digital Subscription