Grafton Street premises on offer for €16m

Duff & Phelps has instructed Savills to sell 57/58 Grafton Street with a guide price of €16 million. The property is let entirely to Life Style Sports Ltd on a 20-year lease from November 2014 with break options in years ten and 15, paying a rent of €675,000 per annum. Before Lifestyle occupied the store late last year, Duff & Phelps amalgamated and refurbished numbers 57 and 58 to provide a four-storey over ...