MARY STREET, DUBLIN 1. Prime City Centre Retail & Residential Investment. For Sale by Private Treaty / Tenants not Affected

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1 MARY STREET, DUBLIN 1 Prime City Centre Retail & Residential Investment For Sale by Private Treaty / Tenants not Affected

2 51/52 MARY STREET, DUBLIN 1 What's On Offer Currently producing 418,200 per annum with potential for income growth 51/52 Prime location in one of Dublin s principal high street retailing districts. The property is less than 100m from the Jervis Shopping Centre and just 200m from Henry Street The property comprises a dual frontage four storey mixed use property extending to 10,936 sq.ft. 100% let with a WAULT of 5.93 years Nando s are in occupation on a 15 year FRI Lease from June 2011 Roomyield are in occupation on a 4 year 9 month lease from September 2016

3 MERRION SQUARE ST. STEPHEN S GREEN GRAFTON STREET CENTRAL BANK DUBLIN CASTLE TRINITY COLLEGE TEMPLE BAR CITY HALL O CONNELL BRIDGE O CONNELL ST. GPO JERVIS LUAS STOP JERVIS S.C. 51/52 CAPEL STREET HENRY STREET THE ILAC CENTRE CAPEL STREET PARLIAME S RED LINE D QUAY ESSEX QUAY 51/52 JERVIS STREET PARNELL STREET MARY STREET Jervis Street Shopping Centre UPPER ABBEY STREET Ilac Shopping Centre LOWER ORMOND QUAY WELLINGTON QUAY LOWER LIFFEY ST MOORE STREET TEMPLE BAR HENRY STREET L STREET MIDDLE ABBEY STREET BACHELORS WALK O CONNELL STREET LOWER OUGH STREET EARL ST NTH TALBOT STREET LOWER ABBEY STREET EDEN QUAY BURGH QUAY R I V E R L I F F E Y ASTON QUAY FLEET STREET EEN WESTMORELAND ST D OLIER ST FLEET ST COLLEGE STREET Irish Life Mall FLEET ST Trinity TARA STREET DINER STREET Cust Hou BERESFORD PLACE Tara Street Station TOWNSEND STREET N STREET GEORGE S PEARSE STR Location The property holds a prominent position with dual frontage along Mary Street and Wolfe Tone Street and is located in one of Dublin s principal high street retailing districts. The property overlooks Wolfe Tone Square and directly faces The Church Bar and Restaurant. Mary Street, which is an extension of Henry Street, is home to a number of leading national and international retailer s including M&S, Penneys, River Island and Topshop. Many of these brands are housed within the two shopping centres located along Mary Street namely Jervis Shopping Centre and The Ilac Centre. Due to the prime central location the area enjoys excellent transport infrastructure by way of the Red Luas line, numerous Dublin Bus routes and Irish Rail at Heuston Station and Connolly Station. In addition there are a number of taxi ranks, multi storey car parks and Dublin bike stations in the immediate vicinity.

4 51/52 MARY STREET, DUBLIN 1 Description The property boasts dual frontage along Mary Street and Wolf Tone Street and extends to three storeys over ground floor. The building comprises a ground floor retail unit in restaurant use and three floors of residential accommodation overhead laid out in 17 newly refurbished apartments. The entire building extends to 10,936 sq.ft. Primary access to the retail unit is via the entrance on Mary Street. The unit which extends to 2,551 sq.ft. NIA is fitted out to a high standard to include a fully fitted kitchen and customer seating area. The residential element, which has recently been refurbished to an excellent standard, spans the upper three floors and is laid out to include; 10 x one beds, 6 x two beds and 1 two bed duplex apartment. Overall the residential element extends to 8,385 sq.ft. GIA and is accessed from Wolfe Tone Street.

5 Floor Areas FLOOR USE SQM SQFT Ground Retail NIA 237 2,551 1st Floor Residential GIA 261 2,809 2nd Floor Residential GIA 259 2,788 3rd Floor Residential GIA 259 2,788 TOTAL 1,016 10,936 Areas listed above are as per the Downey Planning measurement survey, full details are provided in the data room.

6 51/52 MARY STREET, DUBLIN 1 TENANCIES DEMISE TENANT ANNUAL PASSING LEASE LEASE LEASE RENT RENT TERM START EXPIRY REVIEW Ground Nando s Chickenland E105, yrs Jun-11 Jun-26 Jun-16 Ireland Ltd t/a Nando s 1st, 2nd, 3rd Roomyield E313, yrs Sep-16 May-21 n/a Hospitality Limited t/a The Key Collection TOTAL E418,200

7 Covenant Information Nando s Chickenland Ireland Ltd t/a Nando s opened their first store in Ireland in 2008 and have since expanded to operate 10 stores across Ireland and over 300 in the UK. According to vision net Nando s Chickenland Ireland Ltd have a Low trade risk scoring 81/100. Roomyield Hospitality Limited t/a thekeycollection grew from the hotel consultancy company Roomyield which was founded in 2011, the company operates as hospitality asset managers who manage apartments, guesthouses and hotels. Roomyield is headquartered in Blanchardstown and currently employs 200 people across all its properties and head office. According to vision net the company has a fair trade risk of 69/100. Zoning BER Viewing The property is zoned Z5 City Centre To consolidate and facilitate the development of the central area, and to identify, reinforce, strengthen and protect its civic design character and dignity, under The Dublin City Council Development Plan Retail BER Rating: F BER Number: Energy Performance Indicator: kwh/m²/yr2.85 Residential BER Rating: D1 - F BER Number: Energy Performance Indicator: kwh/ m²/yr kwh/m2/yr Strictly by appointment with the sole agent.

8 Contact EMMA COURTNEY T: E: emma.courtney@cbre.com SANDRA WALSH T: E: sandra.walsh@cbre.com WILLIE NORSE T: E: willie.norse@cbre.com Solicitor BYRNE WALLACE Neil Dunne T: E: ndunne@byrnewallace.com data room Further information is available in the dedicated data room Street DISCLAIMER: CBRE These particulars are issued by CBRE Ireland on the understanding that any negotiations relating to the property are conducted through them. While every care has been taken in preparing them, CBRE Ireland for themselves and for the vendor/lessor whose agents they are, give notice that:- (i) The particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract. (ii) Any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access and any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness. (iii) Neither CBRE Ireland nor any of their employees have any authority to make any or give any representation or warranty in relation to the property.