No 5/6 occupies an excellent high-profile position which is located on the east side of South Great Georges Street close to its junction with Exchequer Street. This is a prime city centre location, only a short distance from Wicklow Street and Grafton Street and directly opposite the historic Georges Street Arcade.
This has become the most sought-after area for restaurants in the city and is the go-to destination in Dublin. Popular restaurants such as Brasserie Sixty6, Rustic Stone, Fade Street Social, Pichet, and the Exchequer Gastro Pub, as well as renowned bars like the Long Hall, the Market Bar, the Stag’s Head, the Old Stand and the George combine to create a vibrant mix.
The proximity to Temple Bar is also an important factor. This high-profile location benefits from a high volume of passing pedestrian traffic.
The subject property comprises of a mid-terrace ground floor and basement café/bakery unit within a mixed-use development. The unit extends to approximately 172.20 sq.m. (1,853.54 sq.ft.).
Internally the property comprises of open plan ground floor cafe with seating area. The basement comprises an office, staff facilities and ovens.
The property is let Krust Bakery on a 20-year Full Repairing and Insuring lease from the 1st January 2015, subject to a rent of €65,000 per annum.
A rent review has just been agreed as per the following:
Until year end 2021: €32,500 per annum
2022: €65,000 per annum
2023-2025: = €81,000 per annum
Key Money €150,000