FOR SALE (By Private Treaty)
HOSTEL OPPORTUNITY 2-4 Litton Lane Dublin 1
The hostel consists of 20 refurbished ensuite rooms
LOCATION/ TRANSPORT 2-4 Litton Lane is centrally located and is on a short cobbled laneway running in a north south direction between Bachelors Walk and the North Lotts just before O’Connell Bridge. The property is located adjacent to the Arlington Hotel and is in immediate proximity to all major transport links to include all major Dublin Bus Routes, the Luas Red line on Abbey Street and Busaras, as well as numerous Dublin Bike stations with the closest bike stations on O’Connell Street and Jervis Street. With easy access to the Temple Bar area Litton Lane is a perfect location for a hostel / student accommodation facility and is a rare opportunity for investors to acquire a unique building in the heart of Dublin City Centre.
DESCRIPTION: 2-4 Litton is a four storey end of of terrace 18th century building of cut stone construction. The building is currently in hostel use but could suit alternative uses such as a student accommodation facility, small hotel, offices, educational subject to p.p. In total there are 20 ensuite bedrooms extending over the 1st, 2nd & 3rd floors. The ground floor accommodation consists of a reception area, lounge and canteen facility to include a commercial kitchen. The interior of the building was fully refurbished in 2013 and would require no capital expenditure if the building was to remain as a hostel.
SPECIFICATION:
FLOOR PLANS:
• Solid timber floors • Gas fired central heating • 20 ensuite bedrooms • Commercial kitchen with dining area • Swipe card access control to each bedroom • Security/Fire alarm • CCTV
ACCOMMODATION: The accommodation has been measured on a gross internal basis: m2
Sq.ft
Ground Floor
162.28
1,747
First Floor
171.16
1,842
Second Floor
174.81
1,882
Third Floor
176.91
1,904
Total
685.16
7,375
Ground Floor
First Floor
Second Floor
Third Floor
LOCATION MAP:
Title: We understand the property to be held under a freehold interest.
2-4 Litton Lane
Sale Price: Guiding â‚Ź2,500,000 exclusive. Stamp Duty: Stamp Duty rate will be 2% of the sale price.
Viewing/Agent Contacts: By appointment only through sole selling agents BNP Paribas Real Estate. Keith O’Neill keith.oneill@bnpparibas.com Mobile: 086 857 9696 Mark Forrest mark.forrest@bnpparibas.com Mobile: 086 385 2306 BNP Paribas Real Estate Ireland 20 Merrion Road, Ballsbridge, Dublin 4
www.realestate.bnpparibas.ie
These particulars are for guidance purposes only and do not form part of any contract. The lessors and their agents do not hold themselves responsible for any inaccuracies. These details are issued on the understanding that all discussions are initiated through the Sole agent in the instant.