Belfast Telegraph

£13m asking price for car park in Dublin

By Ronald Quinlan

A prime location car park in Dublin's Christchurch area has gone on the market for €15.5m (£13.3m).

The sale of the facility, which adjoins the Jurys Christchurch hotel, is expected to see demand from a range of domestic and international investors and car park operators. The guide price from joint agents JLL and Knight Frank is equivalent to €72,800 per parking space.

The 213-space car park is being sold subject to a short-term lease which expires in June, allowing the purchaser the flexibility to either continue to lease the car park on a long-term basis or enter into a management agreement with an operator. The purchaser could also choose to act as owner-operator of the facility.

Christchurch multi-storey car park is acknowledged as one of Dublin city's leading parking facilities, owing to its close proximity to the Christchurch and Temple Bar areas of Dublin 2 and 8 as well as the Four Courts and Thomas Street.

Belfast Telegraph