The high profile building at 1 Andrew St, Dublin 2, has been put for sale by agents Bagnall Doyle McMahon, with offers in excess of €2.8m currently being accepted.
The distinctive building, next to the former St. Andrew’s Church, generates an annual rent of €155,000 through tenants Salamanca Restaurant. The four storey over basement building extends to 443sq m and is noted for its natural light along the ground floor which looks over the church.
The building is held on a 25 year lease as of March 2014 with five yearly rent reviews, with break options in 2029 and 2034.
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