EXECUTIVE SUMMARY THE TRIBE PORTFOLIO CARRAIG LAIR DEVELOPMENT ABHAINN NA MBRADÁN CENTRE CAISLEAN THORLAIGH MERLIN COMMERCIAL PARK

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EXECUTIVE SUMMARY THE TRIBE PORTFOLIO 01 02 03 04 ABHAINN NA MBRADÁN CENTRE CARRAIG LAIR DEVELOPMENT CAISLEAN THORLAIGH

Floor let to Born Clothing at a passing rent of 200,000 (ex VAT) Residential Element includes four penthouse units Tenant

income of 244,093 per annum Tenants Not Affected Guide Price - 3 million Two residential apartment blocks located in the

per annum Tenants Not Affected Guide Price - 2.

2 EXECUTIVE SUMMARY THE TRIBE PORTFOLIO ABHAINN NA MBRADÁN CENTRE CARRAIG LAIR DEVELOPMENT CAISLEAN THORLAIGH MERLIN COMMERCIAL PARK High profile retail & residential property overlooking the Canal in Galway City Ground, 1st & 2nd Floor let to Born Clothing at a passing rent of 200,000 (ex VAT) Residential Element includes four penthouse units Tenant Not Affected Mixed Use Development Located in Oranmore Town Centre Development anchored by Lidl Currently producing an income of 244,093 per annum Tenants Not Affected Guide Price - 3 million Two residential apartment blocks located in the suburb of Doughiska Total of 30 units comprises of a mix of two & three bedroom Currently producing an income of 240,180 per annum Tenants Not Affected Guide Price million Incoming producing Industrial Units in the suburb of Doughiska Eight terraced units Currently producing an income of 59,520 per annum Tenants Not Affected Guide Price - 800,000 Guide Price - 3 million

3 EXECUTIVE SUMMARY CONTENTS 01 ABHAINN NA MBRADÁN CENTRE PG 4 02 CARRAIG LAIR DEVELOPMENT PG 7 03 CAISLEAN THORLAIGH PG MERLIN COMMERCIAL PARK PG 13 THE TRIBE PORTFOLIO 1

PORTFOLIO LOCATIONS N17 Carnmore Cross CASTELGAR Galway Technology Park N6 Galway Airport M5 N6 R339 R338 N59 ABHAINN NA MBRADÁN CENTRE R366 N6 R339 R338 R365 MERLIN COMMERCIAL CENTRE BALLYBANE

4 PORTFOLIO LOCATIONS N17 Carnmore Cross CASTELGAR Galway Technology Park N6 Galway Airport M5 N6 R339 R338 N59 ABHAINN NA MBRADÁN CENTRE R366 N6 R339 R338 R365 MERLIN COMMERCIAL CENTRE BALLYBANE CAISLEAN THORLAIGH R338 Doughiska Rd. R446 ROSCAM R446 Galway Business Park Oranmore N18 ORANMORE Westlink Commercial Park R337 Kiniska Salthill GALWAY CITY CARRAIG LAIR DEVELOPMENT N18 R336 RINVILLE 2 THE TRIBE PORTFOLIO

5 PORTFOLIO AERIALS THE TRIBE PORTFOLIO ABHAINN NA MBRADÁN CENTRE MERLIN COMMERCIAL CENTRE CAISLEAN THORLAIGH CARRAIG LAIR DEVELOPMENT THE TRIBE PORTFOLIO 3

RIVER CORRIB HEADFORD ROAD BOHERMORE ROAD C UNIVERSITY ROAD Waterside PROSPECT HILL R864 R864 ABHAINN NA MBRADÁN CENTRE New Road HENRY

FAIRGREEN ROAD CEANNT TRAIN/BUS ST DOCK ROAD LOUGH ATALIA ROAD R337 CLADDA ABHAINN NA MBRADÁN CENTRE NEWTOWNSMITH, GALWAY LOCATION The

Newtownsmith is a secondary retail location, located close to the junction of Upper Abbeygate Street and Mary Street.

6 RIVER CORRIB HEADFORD ROAD BOHERMORE ROAD C UNIVERSITY ROAD Waterside PROSPECT HILL R864 R864 ABHAINN NA MBRADÁN CENTRE New Road HENRY ROAD BRIDGE STREET Eyre Street NEWTOWNSMITH Middle Street St. Augustine St. MERCHANTS ROAD DOCK ROAD EYRE SQUARE STATION RD. FAIRGREEN ROAD CEANNT TRAIN/BUS ST DOCK ROAD LOUGH ATALIA ROAD R337 CLADDA ABHAINN NA MBRADÁN CENTRE NEWTOWNSMITH, GALWAY LOCATION The subject property is located at the junction of Newtownsmith and Mill Race in Galway City Centre. Newtownsmith is a secondary retail location, located close to the junction of Upper Abbeygate Street and Mary Street. Adjoining occupiers include the Mercy Secondary School, Accord, Sally Longs and is in close proximity to Galway Courthouse & NUIG It also have the benefit of adjoining Bowling Green public car park. 4 THE TRIBE PORTFOLIO

DESCRIPTION The property comprises retail

It extends to a total area of 42,697 sq ft A clothing

the ground floor and the entire of the first floor

core specification, and the fourth apartment is fully

7 DESCRIPTION The property comprises retail accommodation on the ground, first and second floors, and 4 no. 2 bed large penthouse apartments on the third floor. It extends to a total area of 42,697 sq ft A clothing store trading as Born operates over the majority of the ground floor and the entire of the first floor and a furniture store trading as the Home Gallery occupies the second floor. The commercial accommodation is finished to a high standard of specification and fit out. Three of the apartments are finished to a shell and core specification, and the fourth apartment is fully finished and fitted, however is unfurnished. The apartments have their own door access from the street level and are served by a lift. THE TRIBE PORTFOLIO 5

8 ACCOMMODATION We have set out below the net internal areas (NIA) for the commercial accommodation and the gross internal (GIA) floor areas for the penthouse apartments which have been measured in accordance with the SCS Measuring Practice Guidance Notes. DESCRIPTION (GIA) Sq m Sq ft Ground Floor Born & Coffee Shop 1, ,358 First Floor Retail (Born Retail) 1, ,000 Second Retail ( The Home Gallery) 1, ,086 Third Apt ,617 Third Apt ,651 Third Apt ,664 Third Apt ,136 Total Area 3, ,895 GROUND FLOOR PLAN TENANCY The ground, first & second floor is currently occupied by Born Clothing at a passing rent of 200,000 per annum, the tenant has lease until the end of February 2016 The penthouse apartments are currently vacant ZONING Planning policy for the area is contained within the Galway City Development Plan The property is located in an area zoned Objective CC which is defined as To provide for city centre activities and particularly these, which preserve the city centre as the dominant commercial area of the city. VAT We understand that the property has been elected for the purposes of VAT. TENURE Title to the property is held by way of freehold. BER The property is rated 6 THE TRIBE PORTFOLIO

To Galway R446 Oranmore Lodge Hotel Oranmore Business Park Westlink Commercial Park N18 ORANMORE R446 N18 CARRAIG LAIR DEVELOPMENT CARRAIG LAIR DEVELOPMENT LIMERICK ROAD,

The property comprises a provincial shopping centre over two levels with a second floor level of offices.

9 To Galway R446 Oranmore Lodge Hotel Oranmore Business Park Westlink Commercial Park N18 ORANMORE R446 N18 CARRAIG LAIR DEVELOPMENT CARRAIG LAIR DEVELOPMENT LIMERICK ROAD, ORANMORE, CO GALWAY LOCATION The subject property is located in Oranmore village centre, Co. Galway. The property comprises a provincial shopping centre over two levels with a second floor level of offices. The property is located just off the N18, Galway/Limerick Road in Oranmore, Co. Galway, approximately 11km east of Galway City The subject property is located approximately 0.1km south east of Oranmore village. It is adjacent to a number of one off housing, and the Cloch Óg and Coill Clocha residential estates. THE TRIBE PORTFOLIO 7

DESCRIPTION The subject property comprises a recently completed

of offices, with basement and surface car parking.

It is located on a site extending to approximately 0.88ha (2.17 acres).

Other occupiers within the development include The Home Store, Brazco

level of shell and core vacant offices set around a courtyard, which

There is designated surface car parking provided to the front and side

10 DESCRIPTION The subject property comprises a recently completed provincial shopping centre over two levels with a second floor level of offices, with basement and surface car parking. It is anchored by Lidl and The Home Store. It is located on a site extending to approximately 0.88ha (2.17 acres). The development is anchored by Lidl on the ground floor. Other occupiers within the development include The Home Store, Brazco Coffee Shop, Concepts & Saz Barber The second floor accommodates a level of shell and core vacant offices set around a courtyard, which extend to a total of 14,621 sq ft and are also capable of subdivision. There is designated surface car parking provided to the front and side of the development together with a basement car park which we understand accommodates approximately 185 car parking spaces. 8 THE TRIBE PORTFOLIO

11 GROUND FLOOR PLAN ACCOMMODATION Measurement is on a gross internal basis in accordance with the current Measuring Practice Guidance Notes prepared by the Society of Chartered Surveyors. TENANCY The Lidl unit on the ground floor is occupied by Lidl under a 25 year lease from 13 May 2008 at a rent of 200,000 per annum, with break options at end years 4, 8 & 12. There are a number of smaller vacant units on the ground floor, including Sax Barber paying a rent of 7,804 per annum, the remainder of the units are shell and core retail and extend to a total of 7,003 sq ft. The Home Store on the first floor is under lease with Denis Curley extends to 22,916 sq ft. The Concepts unit is leased to Joan Lynch under a 4 year 11 month lease from 1 July 2009 at a rent of 16,958 per annum The Brazco Coffee Shop does not have a signed lease in place, however the draft lease is for a term of 25 years with a break option in years 3 & 5 and of 16,629 per annum The second floor comprises shell and core offices extending to 14,621 sq ft which are capable of subdivision. DESCRIPTION (GIA) Sq m Sq ft Basement Vacant Retail ,155 Basement Lidl Store Basement The Home Store ,956 Ground Floor - Lidl 1, ,585 Ground Floor Barber Ground floor Vacant Retail (shell & Core) ,003 First Floor The Home Store 2, ,916 First Floor Brazco Coffee Shop ,132 First Floor Cobblers Shoe Shop ,383 First Floor Concepts Boutique ,208 Second Floor Vacant Shell and Core offices 1, ,621 Total Area 6,601 71,053 ZONING Planning policy for the area is contained within the Oranmore Local Area Plan and specifically zoned this area as Town Centre (Mixed Development). BER The property is rated TENURE Title to the property is held by way of freehold. VAT We understand that the property has been elected for the purpose of VAT. THE TRIBE PORTFOLIO 9

N6 To Galway N6 N6 CAISLEAN THORLAIGH DOUGHISKA R446 To Oranmore R446 To Galway R338 APT 1 15 APT 62-76 CAISLEAN

location in Caislean Thorlaigh, Doughiska, Galway. They are located 6 km east of Galway city centre.

12 N6 To Galway N6 N6 CAISLEAN THORLAIGH DOUGHISKA R446 To Oranmore R446 To Galway R338 APT 1 15 APT CAISLEAN THORLAIGH, MERLIN WOODS, DOUGHISKA, GALWAY FOR SALE IN 1 OR 2 LOTS LOCATION Located in an established residential location in Caislean Thorlaigh, Doughiska, Galway. They are located 6 km east of Galway city centre. Adjoining occupiers includ e Fearann Ri and Fionn Uisce Residential Estates, The Racing Lodge Hotel and Briarhill Shopping Centre. 10 THE TRIBE PORTFOLIO

DESCRIPTION The subject property comprise of two three storey detached residential blocks, each block comprising of fifteen no.

The building is of concrete block wall construction with a mix of rendered and painted and part timber panelled elevations under

Communal car parking is provided on a tarmacadam surface to the front of the apartments.

13 DESCRIPTION The subject property comprise of two three storey detached residential blocks, each block comprising of fifteen no. apartments which consists of six no. three bedroom duplex apartments and nine no. two bedroom apartments. The building is of concrete block wall construction with a mix of rendered and painted and part timber panelled elevations under a pitched slated roof which extends to 1,134 sq m (12,211 sq ft). It sits on a site of approximately 0.15 hectares (0.37 acres). Communal car parking is provided on a tarmacadam surface to the front of the apartments. Internally the apartments are finished to a good standard. The property is located in an area zoned objective R (Residential) under the Galway City Development Plan THE TRIBE PORTFOLIO 11

14 ACCOMMODATION We have set out below the gross internal (GIA) floor areas of the residential accommodation which have been calculated in accordance with the SCS/IAVI Measuring Practice Guidance Notes. Lot 1 Lot 2 DESCRIPTION Sq m Sq ft 1 62 Two bed apt Two bed apt Two bed apt Three bed duplex Two bed apt Two bed apt Three bed duplex Three bed duplex Two bed apt Two bed apt Three bed duplex Three bed duplex Two bed apt Two bed apt Three bed duplex Total Area 1, , TENANCY LOT 1 The 15 apartments are let to tenants on an individual basis, however there is a Pre-Emption Agreement and Guarantee with Galway City Council for a term of nine years and 11 months from 29 September 2006 whereby the City Council guarantees the rent of each apartment. The current rent is 116,400 per annum. TENANCY LOT 2 The 15 apartments are let to tenants on an individual basis on short term rental agreements producing an income of 123,780 per annum. ZONING Planning policy for the area is contained within the Galway City Development Plan The property is located in an area zoned objective R (Residential) under the Galway City Development Plan TENURE Title to the property is held by way of freehold. VAT We understand that the property is not vatable. BER The property is rated 12 THE TRIBE PORTFOLIO

MERLIN COMMERCIAL PARK, DOUGHISKA, GALWAY LOCATION The properties are situated in the Merlin Park Commercial Centre, located in the residential suburb of Doughiska which is approximately 6km east of

15 MERLIN COMMERCIAL PARK, DOUGHISKA, GALWAY LOCATION The properties are situated in the Merlin Park Commercial Centre, located in the residential suburb of Doughiska which is approximately 6km east of Galway city centre. Doughiska is located close to the M6 Galway-Dublin Road and also provides ease of access to the N18 Galway-Limerick Road. Doughiska is one of Galway s newest residential suburbs, with the majority of development in the area occurring in the past years. The area is considered a secondary residential location and has a population of approximately 5,000 people. Other units within the Commercial Centre include the NCT Centre, BWG, Connaught Packaging and a Primary Care Centre. DESCRIPTION The subject property comprises of eight terraced industrial units, each with a small first floor mezzanine and surface car parking. ACCOMMODATION Measurement was on a gross internal basis in accordance with the current Measuring Practice Guidance Notes prepared by the Society of Chartered Surveyors. TENANCY Description Sq ft Rent p.a. (approx) Unit 1 Commercial Vacant 4,578 vacant Unit 2 & 3 Commercial Galway Car Services 9,156 21,960 Unit 4 Commercial Stuntworx 4,578 13,500 Unit 5 Commercial Applus 4,578 13,500 Unit 6, 7, 8 & yard Commercial 13,736 vacant To Galway To Galway MERLIN COMMERCIAL CENTRE N6 DOUGHISKA R446 N6 To Oranmore R446 ZONING Planning policy for the area is contained within the Galway City Development Plan The property is located in an area zoned objective Industrial under the Galway City Development Plan BER The property is rated TENURE Title to the property is held by way of freehold VAT We understand that the property has been elected for the purposes of VAT THE TRIBE PORTFOLIO 13

containing the following documentation is available via ie Occupational leases Indicative floor plans BER s Title Documentation PROPOSAL We are inviting parties to bid by way of individual lots or

AGENTS All viewings are strictly by appointment through the sole selling agent. 2 Dockgate, Dock Road, Galway, Ireland. Patricia Staunton Head of DTZ Galway Email: patricia.staunton@dtz.

16 THE TRIBE PORTFOLIO TENURE Title to the property is held by way of freehold VAT We understand that the property has been elected for the purposes of VAT DATA ROOM Access to an online data room containing the following documentation is available via Occupational leases Indicative floor plans BER s Title Documentation PROPOSAL We are inviting parties to bid by way of individual lots or the entire Initial bids will be sought on Friday 16th October 2015 at 12 Noon Bids should be marked for the attention of Lorna O Dwyer Ronan Daly Jermyn Solicitors, Aengus House, Dock Street, Galway AGENTS All viewings are strictly by appointment through the sole selling agent. 2 Dockgate, Dock Road, Galway, Ireland. Patricia Staunton Head of DTZ Galway patricia.staunton@dtz.ie Tel: Sean Coyne Associate Director sean.coyne@dtz.ie Tel: George Brady Surveyor george.brady@dtz.ie Tel: Conditions to be noted: 1. These particulars do not constitute an offer or contract or any part thereof and none of the statements contained in the particulars as to the property to be relied on as a statement or representation of fact. 2. The vendor does not make or give, nor is the Agent(s) or its staff authorised to make or give any representation or warranty in respect to this property. 3. All descriptions, dimensions, references to condition and necessary permission for use and occupation, and 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 himself/herself by inspection or otherwise as to the correctness of each of them. 4. In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail. 5. The terms, Vendor and Purchaser, where the context requires shall be deemed to refer to Lessor and Lessee and Landlord and Tenant respectively. 6. Prices are quoted exclusive of VAT (unless otherwise stated) and the purchaser/lessee shall be liable for any VAT arising on the transaction. PSRA No Brochure design by 14 THE TRIBE PORTFOLIO

MERVUE BUSINESS PARK Galway

MERVUE BUSINESS PARK Galway Executive Summary LARGE OFFICE/MANUFACTURING BUILDING extending to a total of 16,074 sq m (173,019 sq ft located within the well established Mervue Business Park in City EXCELLENT LOCATION CLOSE TO GALWAY