Ground Floor, Unit 1, 129 Thomas Street, Ushers Quay, Dublin 8 Dublin 8

129 Thomas Street holds a high profile position on this busy street and is located close to the junction of Bridgefoot Street and directly opposite St Catherine’s Church. The property adjoins Deals, Spar and LIDL Supermarket and car park which is at the rear of the property.

Some of the adjoining occupiers include the Guinness Storehouse & Visitor Centre, The Open Gate Brewery. Arthurs Public House, Pierce Lyons Whiskey Distillery and visitor Centre, Roe & Co Distillery and Visitor Centre, The Digital Hub, Guinness Enterprise Centre, Highlight Student Accommodation, Vicar Street, the National College of Art & Design, HeyDay Student Accommodation, Mannings Bakery & Cafe, Griolladh, Proof Urban Italian Café, Care Plus Pharmacy, Subway, Heritage Credit Union and Iconic Offices

Rent                                        approx.   28,000 euro p.a.

Building Insurance              approx.         735 euro p.a.

Commercial Rates                approx       3,500 euro p.a. (the property is a new build and has not had a rateable valuation)

Total Rent                            Region        32,235 euro p.a.

 

Description

129 Thomas Street has a 5 meter wide shop front and a large display window with side entrance door. This self contained retail unit has plastered and painted walls, there is an invalid toilet in the unit as well as an enclosed yard at the rear of the property exclusively with the unit. Power and service have been brought into the unit but this new retail unit will require tenant fit out works e.g. flooring, lighting etc.

The landlord is prepared to offer a rent free period in the second quarter, depending on what Lease length the tenant agrees to.

 

129 Thomas Street is located a short walking distance from the main entrance to Diageo and the Guinness Storehouse and Visitor Centre, which has over 1.1 million visitors a year (2022). Many of the visitors to the Guinness Storehouse walk along Thomas Street to visit the storehouse and there is a spin off trade with local pubs, restaurants and accommodation.

The Digital Hub which is a start-up centre for Irelands largest cluster of technology, digital media and internet companies is also located a few hundred meters from the property. Some recent Digital Hub companies include Amazon, Stripe, Daft.ie, Havok and Riverdeep etc.

This area of Dublin has recently seen some strong regeneration and development in recent years including the Pearse Lyons Distillery and visitor Centre in St. Jamess Church, Iconic Offices refurbishment of the IAWS Building, Digital Hub development of the Grain Store building and Binary Hub student accommodation.

Other developments planned for the immediate area include the development of the 12.5 acre Guinness Brewery site into a dynamic urban quarter, consisting of 336 residential units, two hotels (with 304 beds and office blocks. Developments currently under construction in the area include the Grand Canal Harbour site by Marlet, Digital Hub phase 2 and development of 2 sites to the rear of Vicar Street for a boutique hotel.

This is a very popular area for IT and design companies given the close proximity to the Digital Hub, Guinness Enterprise Centre and NCAD. The subject property is located in a very popular tourism District and is within 10 minutes walking distance from Temple Bar and a host of popular cafes, restaurants and bars. This retail location is very convenient for customers as there is on street parking outside the building and a public car park to the immediate rear of the property.

Thomas Street has strong footfall but is also an arterial traffic route to St. James Hospital, St. Patrick’s Hospital, Kilmainham, Inchicore and west Dublin. There is a bus stop outside the property and regular bus service to the area from west Dublin