Investment Considerations

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2 Investment Considerations High profile City Centre Retail Opportunity Units occupied by Eddie Rockets and Euro Giant Total rent of 195,000 per annum WAULT of years Excellent location benefiting from high footfall Guide price 2,000,000 NIY 9% Tenants not affected Location N.B. For identification purposes only. Dublin 1 forms part of the north City Centre core and is one the busiest shopping and tourism areas within Dublin. Parnell Street is well positioned adjacent to Jervis Street, Henry Street, Mary Street and O Connell Street. The subject properties are situated on the northern side of Parnell Street close to its junction with Ryder Row and Kings Inn Street. The locality benefits from a number of international hotels with the Maldron Hotel, Jury s Inn, and the Gresham Hotel all a short walk from the property. Other local attractions include the GPO, The Gate Theatre and the Spire. Surrounding occupiers include Cineworld, Penneys, Smyths Toystore and Aldi and as such the subject property benefits from a high level of passing footfall. In addition, the subject property benefits from direct access from the Parnell Centre as well as from Parnell Street. Unit 3 UNITS 1, 2 & 3 THE PARNELL CENTRE PA R N E L L S T R E E T, D U B L I N 1 Unit 1&2

3 Transport The area is well served by public transport facilities with the Luas cross city being accessible at Abbey Street, the DART at Connolly Station and Tara Street, and numerous Dublin Bus routes. Key Transport Times: Description The opportunity consists of two retail investments. Both units are predominantly arranged over ground floor with first floor office and storage accommodation. Units 1 & 2 (Euro Giant) are combined and benefit from a corner position along Kings Inn Street and Parnell Street. The ground floor is presented with the tenant s branded fitout and includes suspended ceilings, fluorescent strip lighting, tiled floors and plastered and painted walls. Storage and ancillary office accommodation is provided on the first floor. The total floor area extends to approximately 6,192 sq. ft. Unit 3 (Eddie Rockets) benefits from dual frontage with access from Parnell Street and inside the Parnell Centre. Internally the ground floor provides a customer seating area, preparation area, kitchen and toilets. The first floor provides an office, staff room, staff toilets and a plant room. The total floor area extends to approximately sq. m (2,245 sq. ft) NIA. Dublin Bus 5 Min Walk Dublin City Bikes 5 Min Walk Luas 5 Min Walk Irish Rail & Dart 15 Min Walk Taxi On Doorstep Port Tunnel 20 Min Drive UNITS 1, 2 & 3 THE PARNELL CENTRE PARNELL STREET, DUBLIN 1

4 Tenancy Unit No. Tenant Vision Net Rating Lease Term Lease Start Lease Expiry Size Sq. ft Repair Rent Reviews Unit 1 & 2 Euro General Retail Ltd (t/a Euro Giant) 90/ years IRI Open market 5 yearly 95,000 Unit 3 Eddie Rockets Ireland Ltd (t/a Eddie Rockets) 100/ years ,245 IRI Upward Only 5 yearly 100,000 8,897 *Prospective purchasers are advised to satisfy themselves with regard to the accuracy of the measurements provided Rent 195,000

5 UNITS 1, 2 & 3 THE PARNELL CENTRE PA R N E L L S T R E E T, D U B L I N 1

6 CONTACT INFORMATION Guide Price 2,000,000 VAT Any VAT arising from the sale will be a matter for the purchaser Net Initial Yield 9% Viewings Viewings are strictly with the sole selling agent QRE BER BER Number: Available upon request Energy Performance Indicator: kwh/m²/yr kwh/m²/yr 1.13 Solicitors Hayes Solicitors Lavery House, 2 Earlsfort Terrace, Dublin 2 Contact Aine Coghill acoghill@hayes-solicitors.ie QRE Contacts Ellen Prenderville MRICS MSCSI Associate Director T: +353 (0) E: ellen.prenderville@qre.ie Bryan Garry MRICS MSCSI Divisional Director T: +353 (0) E: bryan.garry@qre.ie Website qre.ie PSRA Registration No The agents on their own behalf and on behalf of the vendor/lessor of this property, give notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither the agents nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. 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.