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Restaurant

Property Housing Suburban Dublin Restaurant Victorian Asian Cuisine Hits The Market

By Dave Simpson

The property that is leased to the Victoria Asian Cuisine restaurant in the south Dublin suburb of Monkstown has hit the market with a guide price of €740,000.

The property is let to Victorian Asian Cuisine at a passing rent of €52,000 per annum on a 35-year lease that began in July of 1996.hospi

According to The Irish Independent, selling agent Jenny Donnelly of QRE said that an investor will see a net return of 6.4% and term certain income of approximately 10.5 years.

Property Details

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The property extends to approximately 183.68 square metres and consists of a mid-terraced two-storey building that is used as a restaurant and takeaway.

© 2020 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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