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11 Main Street

Rathfarnham, Dublin 14

For Sale Guide Price €600,000
Property Highlights
  • Two-storey mixed-use investment
  • Extending to approximately 179 sq.m. (1,927 sq.ft.)
  • Excellent main street location
  • Fully occupied with a passing rent of €44,200 per annum
  • Guide Price €600,000
  • Net Initial Yield of 6.7% (after standard purchaser costs of 9.96%)
  • Attractive capital value of €311 per sq.ft.
  • Tenants not affected.
  • To be sold via Online Auction on Wednesday 27th of September @ 14:00
Property Location

The subject unit is located on the Main Street, in the heart of Rathfarnham Village, Dublin 14. Rathfarnham is a densely populated and affluent suburb of Dublin and together with the adjoining suburbs of Rathgar, Terenure and Templeogue has a combined population in excess of 77,000 people.

Rathfarnham is situated approximately 6.8km south of Dublin City and 4km northwest of Dundrum. The main street comprises of a thoroughfare of shops, restaurants, businesses and private dwellings. The subject property is situated on the western side of the Main Street.

Neighbouring occupiers include An Post, Oxfam, Rowan’s Deli and Casanovas Wood Fired Pizza. The area is well served by public transport with numerous Dublin Bus routes in the area. Junction 11 of the M50 is a 10 minute drive from the property.

Property Description

The subject property consists of a two-storey mixed-use building extending to approximately 179 sq.m. (1,927 sq.ft).

Externally the property comprises a mix of timber framed retail glazing at ground floor level, with a red brick façade to at first floor level incorporating double glazed windows. The pharmacy enjoys rear access to Dodder Dale via a short laneway. The upper floors are accessed independently from the ground floor retail.

Internally, the ground floor accommodates a trading pharmacy. On the first floor, there is an office at the rear, while the front area houses a bridal showroom. There is additional showroom accommodation at second/attic level.

Accommodation Schedule

Accommodation Sq.m Sq.ft Tenant Lease Rent (Per annum)
Ground Floor Retail Unit 88.5 953 Hiltons Pharmacy 25 year IRI lease from the 10th February 2006 €25,000
1st Floor - Office 36.5 393 Sean Walsh & Associates Terms Unknown €8,400
1st Floor - Bridal Shop 34 366 Dublin Bridal Terms Unknown €10,800
2nd Floor - Bridal Shop 20 215 Dublin Bridal Terms Unknown Included above
Total 179 1,927     €44,200

Property Size/Area
179 sq.m. (1,927 sq.ft.)
Property Status
For Sale
BER Details
Property Location
QRE Contacts
Jonathan Donnelly
Jonathan Donnelly


Jonathan joined QRE in 2021, after graduating from Technological University Dublin with a BSc (Hons)... View More

+353 87 701 8812


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Bryan Garry
Bryan Garry

Director Investment

Bryan has over 13 years of experience in the Irish commercial property market. As Director of the In... View More

+353 83 391 8649


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