Monday April 6, 2020

INM office building with supermarket has guide price of €29m

Independent House near O’Connell Street in Dublin city centre has an annual rent roll of almost €1.8m

22nd March, 2020
Independent House, headquarter offices of INM in Dublin city centre, has four floors of office space as well as ground-floor retail

Agent Knight Frank is handling the sale of Independent House in Dublin 1, the headquarter office block that is home to Independent News & Media (INM). Retail supermarket SuperValu trades from the ground floor.

Both established tenants have been in situ since 2004, with a combined annual rent roll of €1,782,200. The opportunity will afford investors a net initial yield of 5.6 per cent at the €29 million (exclusive) guide price.

Located on the corner of Talbot Street...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The Phibsborough site is within easy walking distance of many well-known local amenities

Tina-Marie O'Neill | 2 hours ago

Embattled office space company wants new deals across the globe after failed $65bn flotation

Róisín Burke | 1 day ago

Dublin City Council says changes were made to the protected structure on Abbey Street without permission and some features will have to be reinstated

Killian Woods | 1 day ago