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PTSB bank branch in D2 sells for €1.5m

A PTSB bank branch at 4 Upper Baggot Street, Dublin 2, has been sold as an investment for €1.5 million. The Georgian terrace building is internally linked with the adjoining corner building fronting on to both Haddington Road and Upper Baggot Street.

PTSB’s lease has another eight years to run on a rent of €102,500. The investment will show a return of 6.5%.

TWM handled the sale and David Carroll of Bannon acted for the purchaser.

Article in the Irish Times