42 -44 Thomas Street, Dublin 8
42 -44 Thomas Street, Dublin 8
Quantum Property Consultants bring to the market The Carpet Mills, 46-48 Thomas Street, Dublin 8. a well-located building on Thomas Street, close to the Meath Street Junction, Dublin 8.
The subject property comprises a part three-storey mid terrace building, with approx. 401 Sq. Mtr of retail space at ground floor level and approx. 216 Sq. Mtr of office accommodation on the first floor and part of the second floor. Total Size 617 Sq. Mtr. / 6,639 Sq. Ft.
Floor Plans Available on Request.
The building is of concrete construction with slate roof and single glazed windows throughout. There is a separate entrance to the upper floors which consists of 5 main rooms, further storage rooms, toilet and shower facilities. Subject to the relevant planning permission/change of use, the upper floors would lend itself extremely well to conversion or redevelopment to residential accommodation. There is also scope to the rear of the property to further develop the area over and above the ground floor retail area subject to planning.
The ground floor retail area is currently being occupied on a license agreement by Value Mart, a low cost discount store, which expired on July 12th 2023. A new license agreement is being prepared to give a further license agreement to January 31, 2024. For license details please call.
Location: The property is located on Thomas Street, close to its junction with Meath Street, less than 1.5km from Dame Street and 2km to Dublin city centre. Thomas Street is only one of four streets in Dublin that is permitted to Street Trade, the others being Wexford, Henry & Moore Street! The area is a hub of activity with a wide range of amenities in the surrounding area including bars, restaurants, cafes together with Vicar Street (concert venue), The National College of Art & Design (NCAD) and both the Guinness Storehouse and Christ Church, two of Dublins most famous tourist attractions.
Last year, the inner-city suburb of Dublin 8 was cited as one of the coolest neighbourhoods in the world by Time Out magazine! According to Knight Frank, Dublin 8, alongside four other global neighbourhoods, is primed for prosperity in terms of income growth potential and overall values. The agent is forecasting price growth of between 15 and 20 per cent over the coming five years for the district.
The area enjoys good transport links with numerous bus routes serving the area, providing connectivity to the city centre and suburban locations. The Red LUAS line is accessible at Smithfield and St. James Hospital approximately a 5-minute walk away. This is a busy central location in the heart of Dublin City Centre benefiting from a high volume of passing traffic and strong footfall. Retailers in the area include LIDL, Tesco, Spar, Care Plus Pharmacy, Ladbrokes, Public transport links are excellent, the main line rail and Luas Red Line are accessible at Heuston Station. The Luas Red Line at Smithfield, Green Line at St Stephen's Green and numerous Dublin Bus routes also serve the immediate area. Dublin 8 is a vibrant quarter that is undergoing major regeneration at present including the planned development at Guinness's St James's Gate brewery site and Oakmounts new office and leisure development located nearby to name just a few.