Knight Frank are bringing to market two well-known high-profile Italian restaurants in Dublin.
The Taverna di Bacco restaurant on Lower Ormond Quay is for sale guiding €750,000 and the Enoteca Torino restaurant in James Plunkett House, Inchicore is for sale guiding €240,000.
The Taverna di Bacco is a flagship restaurant development located in Dublin’s Italian Quarter. It comprises 177 sq.m of restaurant accommodation and 88sq.m of storage space, giving a total floorspace of 247sq.m. The restaurant represents “an excellent opportunity” to acquire an income generating asset at market rent, according to Knight Frank. It is let at a rent of €70,000 per annum on a 10-year lease with an option for rent review at year 5.
The Enoteca Torino, also part of the 5 Italian speciality establishments, comprises 119sq.m. It is let at €25,000 per annum on a 10-year lease with an option for rent review at year 5. This restaurant is on offer alongside a vacant commercial unit of 228sq.m within James Plunkett House and the properties are available in one or two lots.