Investment / Development Opportunity ATRIUM FACILITIES BUILDING. For Sale By Private Treaty (Tenants not affected) Sandyford Business Park, Dublin 18

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1 Investment / Development Opportunity FACILITIES BUILDING For Sale By Private Treaty (Tenants not affected) Sandyford Business Park, Dublin 18

STILLORGAN INDUSTRIAL PARK B L A C K T H O R N A V E STILLORGAN C A R M A N H A L L R D SANDYFORD INDUSTRIAL ESTATE SANDYFORD B U R T O N H A L L N31 CENTRAL PARK M50 LEOPARDSTOWN HEIGHTS Notable

2 STILLORGAN INDUSTRIAL PARK B L A C K T H O R N A V E STILLORGAN C A R M A N H A L L R D SANDYFORD INDUSTRIAL ESTATE SANDYFORD B U R T O N H A L L N31 CENTRAL PARK M50 LEOPARDSTOWN HEIGHTS Notable occupiers in the vicinity include : Investment Summary» Income producing Retail Investment with further Development potential (s.p.p)» Let to Londis, Café ToGo and Bank of Ireland (ATM)» Contracted rent of 193,401 per annum exclusive» Site area 0.16 Hectares (0.395 Acres)» Existing building extends to sq m (3,895 sq ft) LOCATION The subject property is located on Carmanhall Road between its junctions with Blackthorn Road and Arkle Road, which is approximately 10km south of Dublin City Centre. Sandyford Business Park is served by the Green LUAS line which is situated 200 metres from the Atrium Facilities Building providing a regular service into St. Stephens Green. The property is also serviced by the M50 motorway, N11 dual carriageway and a number of bus routes providing links to the City and other surrounding areas. Microsoft Mars Ireland Dun & Bradstreet Service Source Chill Insurance Regus

DESCRIPTION The subject property comprises a stand-alone single storey commercial premises known as the Atrium Facilities Building and potential development sites on each gable end of the building.

20 sq m (2,747 sq ft) and is sub divided into two retail units comprising a Convenience Store t/a Londis and a Coffee Shop t/a Café ToGo, in addition to an ATM facility operated by Bank of Ireland.

There are a number of metered Local Authority owned onstreet customer parking spaces immediately to the front of the property.

88 1,807 Basement 98.10 1,056 Sub Total 265.98 2,863 Unit 3 Ground 81.10 873 ATM Ground 6.22 67 Bin Store Ground 8.55 92 Sub Total 95.87 1,032 TOTAL 361.

3 DESCRIPTION The subject property comprises a stand-alone single storey commercial premises known as the Atrium Facilities Building and potential development sites on each gable end of the building. We understand the property extends to a total site area of acres. The Atrium Facilities Building extends to a total net internal ground floor area of sq m (2,747 sq ft) and is sub divided into two retail units comprising a Convenience Store t/a Londis and a Coffee Shop t/a Café ToGo, in addition to an ATM facility operated by Bank of Ireland. A common bin store serves all the units and the convenience store demise includes a basement of sq m (1,056 sq ft) accessed internally and from the car park of the adjoining office block. There are a number of metered Local Authority owned onstreet customer parking spaces immediately to the front of the property. SCHEDULE OF ACCOMMODATION We understand that the accommodation and approximate net internal floor areas are as follows: THE FACILITIES BUILDING UNIT LEVEL SQ M SQ FT Unit 1/2 Ground ,807 Basement ,056 Sub Total ,863 Unit 3 Ground ATM Ground Bin Store Ground Sub Total ,032 TOTAL ,895 Purchasers are specifically advised to independently verify floor areas and to undertake their own due diligence. TENANCY The property is currently let as follows: Demise Tenant Lease Term Commencement Date Break Expiry Date Total Rent p.a. Contracted* Rent p.a. Unit 1/2 Kram Supermarkets Ltd t/a Londis 20 years 01/01/2002 N/A 31/12/ , ,165 Unit 3 Development Services & Logistics Ltd t/a Café ToGo 20 years 01/01/2002 N/A 31/12/ ,000 68,326 ATM Bank of Ireland** 25 years 31/10/2001 Rolling break option every 6 months 30/10/2026 2,000 2,000 TOTAL 140, ,491 * There are temporary rent abatements in place for Units 1 & 2 which are due to expire on 31st December 2016, rising to total contracted rent of 193,491 per annum exclusive. ** The lessor has the ability to resite the ATM machine

Title The title is held long leasehold being a term of 250 years from 1st January 1992 (225 years unexpired)

112 The freeholder is Dun Laoghaire Rathdown County Council.

of the car park basement underneath the retail units;» The podium upon which the units stand; and» The

119 A 113 116 120 117 B 111 110 C This map is for illustration purposes only 112 123 115 DEVELOPMENT

property is Zoned 2: Mixed Use Outer Core (MOC).

Leisure Facility, Off License, Offices, Nightclub, etc.

Zone 4: Light Industrial/Warehousing Zone 5: Residential Zone 6: Medical/Hospital Uses Protected Structure To

4 Title The title is held long leasehold being a term of 250 years from 1st January 1992 (225 years unexpired) and is registered at Land Registry under Folio DN86694L. 112 The freeholder is Dun Laoghaire Rathdown County Council. The property is shown outlined in green on the attached map and we understand includes: » The portion of the car park basement underneath the retail units;» The podium upon which the units stand; and» The airspace above the units. 119 A B C This map is for illustration purposes only DEVELOPMENT OPPORTUNITY B L A C K T H O R N A V E TOWN PLANNING Under the Sandyford Urban Framework Plan , the property is Zoned 2: Mixed Use Outer Core (MOC). Uses Permitted in Principle include Local Shop, Shop-Specialist, Tea Room/Café, Restaurant, Public House, Leisure Facility, Off License, Offices, Nightclub, etc. Zone 1: Mixed Core Area-Inner Core Zone 2: Mixed Core Area-Outer Core Zone 3: Officed based Employment Uses Zone 4: Light Industrial/Warehousing Zone 5: Residential Zone 6: Medical/Hospital Uses Protected Structure To protect and/or provide for Institutional Use in open lands 6 Year Road Proposal Long Term Road Proposal Long Term Strategic Road Proposal To Protect and preserve trees and Woodlands Boundary of Specific Local Objective Urban Framework Plan Boundary Sustainable Neighborhood C A R M A N H A L L R D DEVELOPMENT A R K L E R D FACILITY BUILDING DEVELOPMENT The above plan allows for development of up to 7 storeys and a plot ratio 1:1. Zone 7: Open Space

Atrium facilities building INVESTMENT Guiding excess of 2,750,000 (subject to contract) for the subject Investment which equates to a net initial yield of 6.

5 Atrium facilities building INVESTMENT Guiding excess of 2,750,000 (subject to contract) for the subject Investment which equates to a net initial yield of 6.74% based on the contracted rent and allowing for standard purchaser s costs of 4.46% whilst excluding development potential. VAT To be confirmed. BER DETAILS BER Rating: BER Number: Energy Performance Indicator: kwh/m²/yr 1.1 SOLICITORS William Fry Solicitors 2 Grand Canal Square Dublin 2, D02 A342 Andrew Muckian Tel: andrew.muckian@williamfry.com FURTHER DETAILS/ARRANGE VIEWING To arrange a viewing or for further information, please contact the BNP Paribas Real Estate Investment or Development Land Departments: Danielle Rocca Devine Investment danielle.roccadevine@bnpparibas.com Mark Forrest Development Land mark.forrest@bnpparibas.com 20 Merrion Road, Ballsbridge, Dublin 4, D04 C9E2 Tel: PSRA No: Disclaimer: BNP Paribas Real Estate gives notice that these particulars are set out for general outline only, for the guidance of intending Purchasers and do not constitute, nor constitute part of an offer or contract. All descriptions, dimensions, references to condition and other details are given without responsibility and any intending Purchasers should not rely on them as statements or representations of fact, but must satisfy themselves or otherwise as to the correctness of each of them. All floor areas are approximate.

SOUTH DUBLIN SUBURBAN OFFICE INVESTMENT HERON HOUSE SANDYFORD

SOUTH DUBLIN SUBURBAN OFFICE INVESTMENT HERON HERON Heron House, Corrig Road, Sandyford, Co. Dublin LOCATION Heron House is located in the centre of Sandyford Industrial Estate, one of the largest employment