Superb Modern Office investment

Transcription

1 Superb Modern Office investment in the heart Of DuBLin S BuSineSS and PrOfeSSiOnaL hub For Sale by Private Treaty

2 a City is Defined by its addresses... Welcome to is the quintessential Dublin office address located in the centre of the City s prime business district. is perfectly positioned on the St. Stephen s Green end of where it is close to government buildings, parks, galleries, universities, hotels, theatres, concert hall and the city s premium shopping district with its choice cafés, restaurants and pubs. ST. STEPHEN S GREEN LUAS TERMINAL GRAFTON STREET TRINITY COLLEGE ST. STEPHEN S GREEN ST STEPHEN S GREEN NATIONAL MUSEUM OF IRELAND NATIONAL LIBRARY OF IRELAND Overview SHELBOURNE HOTEL CAFES, PUBS & RESTAURANTS LEINSTER HOUSE PEARSE STREET DART STATION Superb modern office investment Classic Georgian façade 4 storey over basement Pivotal position in Dublin City Centre RHA GALLERY ELY PLACE MERRION STREET UPPER MERRION HOTEL high Grade fit-out, including: - air Conditioning - State of the art it Services - access Control Security rental income of 382,440 p.a. inclusive of rental underwrite MERRION SQUARE extends to: 1,235 sq m (13,296 sq ft) nia PEMBROKE STREET rear access to 10 car parking spaces attractive WauLt of approx 5.4 years Let to quality tenants FITZWILLIAM SQUARE SOUTH PEMBROKE LANE Strong rental growth potential tenants not affected Ber exempt FITZWILLIAM SQUARE PARKING ENTRANCE FITZWILLIAM STREET LOWER FITZWILLIAM STREET UPPER FOR ILLUSTRATION PURPOSES ONLY

3 Modern office building, with high grade fit-out the elegant architecture of has evolved in harmony with the city itself. no Baggot Street Lower comprises a 4 storey over lower ground floor modern office block behind a Georgian façade. externally the property comprises a traditional Georgian brick and masonry façade with sash windows beneath a pitch slate roof. today behind the grand façade is a contemporary office building that was completely rebuilt in the 1990's, while a full refurbishment in 2003 has transformed the space inside to deliver exceptional office accommodation which includes concrete floors, suspended ceilings, air conditioning, lift access to all floors, state of the art it services and an access controlled security system. the building extends to approximately 1,235 sq.m. (13,296 sq.ft.) nia and includes 10 car parking spaces to the rear. the building is fully let, with hooke & MacDonald occupying the lower ground floor, part hall floor and part second floor, while the remaining suites are occupied by CBre, alter Domus, Brompton recruitment & irish Mortgage Corporation.

4

5 at the heart of Dublin s Business & Professional Centre Superbly located at the St. Stephen s Green end of this area to the east of St. Stephen s Green is regarded as Dublin s Baggot Street Lower, just a 5 minute walk from the established prime office district and there are a wide range of Shelbourne hotel and within approximately 800 metres premium amenities in the area including excellent shops, of St. Stephen s Green Luas Stop and Pearse Street Dart restaurants and leisure facilities. notable landmark buildings in the station. vicinity include the Merrion hotel, Leinster house & trinity College. there are a number of large headquarter buildings in the area with occupiers including Linkedin, esb and Bank of ireland, while twitter are due to move to the area shortly. notable landmark buildings in the vicinity include the Merrion hotel, Leinster house and trinity College.

6 tenancy Overview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uperb modern office investment behind a Georgian façade Pivotal position in Dublin s South City Centre Completely rebuilt in the 1990's and refurbished to an excellent standard in 2003 floor area: 1,235 sq.m. (13,296 sq.ft) nia rear access to 10 car parking spaces Good quality tenants (see tenancy Overview) rental income of 382,440 p.a. attractive WauLt of approx 5.4 years Strong rental growth potential tenants not affected the property, as a Protected Structure (front façade) is exempt for Ber purposes!5%$b) LHDJK+,:;O;+=+LJHDFP+,:;<% LI+>$-+,4$?") CDE;FG+4"-+,:;<%; CDHIII+4"-+>$-+,4$?" CJE H Quality tenants hooke & MacDonald alter Domus FITZWILLIAM STREET LOWER hooke & MacDonald have been one of the most prominent property firms in the country over the past 49 years having sold over 7 billion worth of residential, commercial & investment properties since irish Mortgage Corporation irish Mortgage Corporation Limited was founded in 1990, having helped thousands of clients through the mortgage process. irish Mortgage Corporation provides a professional mortgage service from start to completion. alter Domus is a leading european provider of fund and Corporate Services, dedicated to international private equity & infrastructure houses, real estate firms, private debt managers, multinationals, capital markets issuers and private clients. Brompton Brompton is an established recruitment partner to some of the world's biggest brands. Providing a full service agency offering recruitment, management, reviewing and outsourced payroll. PEMBROKE STREET PEMBROKE LANE CBre CBre is an american commercial real estate company with headquarters in Los angeles. CBre has approximately 44,000 employees and serves real estate owners, investors and occupiers through approximately 350 offices worldwide. FITZWILLIAM SQUARE SOUTH FITZWILLIAM STREET UPPER FOR ILLUSTRATION PURPOSES ONLY

7 hooke & MacDonald hooke & MacDonald / irish Mortgage Corporation alter Domus CBre (formerly norland Managed Services) hooke & MacDonald (sublet to Opus investments) South east West north Brompton recruitment irish Mortgage Corporation Circulation and Shared facilities third floor ATRIUM BOARD ROOM MEETING ROOM MEETING ROOM MEETING ROOM RECEPTION MEETING ROOM hall floor Second floor ATRIUM ABOVE KITCHEN Lower Ground floor first floor

8 FOR ILLUSTRATION PURPOSES ONLY

9 Luas Link Project Luas St. Stephens Green Luas Link Project DESIGN BY Archimedium.com Luas harcourt Street FITZWILLIAM STREET LOWER title: freehold Guide Price: 7,350,000 Subject to contract / contract denied Vat Status: We understand that there is no Vat payable on the transaction Savills Ireland 33 Molesworth Street Dublin 2 ireland PSra Licence no Domhnaill O Sullivan +353 (01) domhnaill.osullivan@savills.ie Shane Corby +353 (01) shane.corby@savills.ie Hooke & MacDonald 118 Dublin 2 ireland PSra Licence no David Cantwell +353 (0) davidc@hookemacdonald.ie Enda Moore +353 (0) endam@hookemacdonald.ie Conditions to be noted: 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 is to be relied on as a statement or representation of fact. The vendor does not make or give, the Agent(s) or is its staff authorised to make or give any representation or warranty in respect of this property. 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. In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail. The terms, Vendor and Purchaser, where the context requires shall be deemed to refer to Lessor and Lessee and Landlord and Tenant respectively. Please note that this brochure does not constitute a note or memorandum in writing for the purposes of Section 51 of the Land and Conveyancing Law Reform Act 2009.