The Opera Lane Collection comprises two units fronting on to St Patrick’s Street and one unit at Emmet Place
Unit 16, Opera Lane comprises a retail unit occupied by the US fashion retailer Tommy Hilfiger and fronting on to St Patrick's Street
Lot 1: Unit 16, Opera Lane comprises a retail unit fronting on to St Patrick’s Street. Occupied by the US fashion retailer Tommy Hilfiger, the unit extends to 591.2sq m over ground, first and mezzanine level. The current net operating income is the higher of €271,618 annually or 9 per cent of the store’s turnover.
Lot 4: The Entire. Should the prospective purchaser decide to acquire all three properties at the €5.5 million guide price , they stand to secure a net initial yield of 7.74 per cent, assuming standard purchaser costs of 9.96 per cent based on the portfolio’s overall net operating income of €468,399 annually.
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