Lydon Farrell Property are delighted to announce the acquisition of Victoria’s Secrets flagship store on Grafton Street on behalf of our client, a private investor.
28/29 Grafton Street is a fantastic 29,000 sq. ft. building with retail over 3 floors. Previously occupied by BT2, it comprises of 20,000 sq. ft of retail space on the ground, basement and first-floor levels, with the remainder of the footprint consisting of storage space on the upper levels. The property occupies a prominent location on Ireland’s premier retail street.
The property was acquired off market and represents a near 6% return for our investor following the completion of a recent rent review.