15&17 BAGGOT STREET UPPER. FOR SALE by Private Treaty. High Profile Retail and Office Investment Available in one or more lots. (Tenants not Affected)
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1 FOR SALE by Private Treaty (Tenants not Affected) 15&17 High Profile Retail and Office Investment Available in one or more lots BER Exempt
2 2
3 15&17 Investment Summary Passing rent of 211,697 per annum Multi-let across 7 tenancies with retail, café, restaurant and office uses High profile location fronting Baggot Street Upper WAULT of 8.4 years. (5.69 years for No. 15 and years for No. 17) Future development potential to the rear of No. 17 (Subject to Planning Permission) For Sale by Private Treaty (Tenants not Affected) 3
4 Location TRINITY COLLEGE Positioned on one of Dublin s busiest thoroughfares, the properties enjoy one of Dublin s most sought after and well serviced locations. GRAFTON LUAS There is a wide array of restaurants, cafes, bars and shops located on the street, which is often considered the main retail location in the up market suburb of Ballsbridge. ST STEPHEN S GREEN The immediate area is home to a large number of high profile occupiers including Bank of Ireland, Amazon, Sky and many more. IVEAGH GARDENS F The properties are well served by public transport with a number of high frequency bus routes passing directly outside 15 & 17 Baggot Street Upper. The DART station at Grand Canal Dock is approximately 800m away, with the Luas Green Line approximately 1km along the Grand Canal at Charlemont. LUAS 4
5 ITZWILLIAM SQUARE BORD GÁIS THEATRE G R A N D C A N A L PEARSE STATION MERRION SQUARE GRAND CANAL DOCK STATION 15&17 LUAS Green Line Dublin Bus Stops Dublin Bikes Train Station 5
6 15 15& Baggot Street Upper is a 4 storey over basement mid terraced period property. The ground floor is in use as a café with outdoor terrace to the rear, the basement level features a kitchen, store, staff area and toilet facilities. The three upper floors, which are accessed separately to the ground floor, are in office use throughout and let on two separate tenancies. No. 15 Baggot Street Upper Basement and Ground Floor, First Floor Second & Third Floor Tenant Banqueting Food Systems Limited Margaret Weymes t/a Finishing Touches Vitalle Limited t/a Edmondson Architects Area Sq Ft (NIA) Passing Rent (p.a) Total 2,868 98,697 Commencement Expiry Break Outstanding / Next Rent Review 1,132 66,000 02/03/ /03/ /03/ /03/ ,697 01/04/ /04/2024 None 01/04/2019 1,158 20,000 20/09/ /09/2021 None N/A Floor Sq M Sq Ft Basement Ground First Floor Second Floor Third Floor Total ,868 6
7 17 15& Baggot Street Upper is a 4 storey over basement period property with a warehouse / mews structure to the rear, accessed off Fleming Place. The ground floor retail unit which has separate access off the street is currently in use as a high end wine retailer. The basement, which currently trades as The Cavern Wine Bar and Restaurant, comprises of a dining area, kitchen and toilet facilities. There is access to the rear onto a yard which is currently used as a dining terrace. The three upper floors are in office use throughout under two separate tenancies. No. 17 Baggot Street Upper Basement Ground Floor, part Basement and Warehouse Tenant The Cavern on Baggot Street Baggot Street Wines Area Sq Ft (NIA) Passing Rent (p.a) Commencement Expiry Break Outstanding / Next Rent Review 637 6,000 03/11/ /07/2031 None 04/09/2019 2,452 68,500 06/07/ /07/2031 None 06/07/2021 First Floor Bernadette Parte ,000 01/07/ /07/2027 None 01/07/2022 Second and Third Floor Patrick Sheehan ,500 01/04/ /04/2024 None N/A Total 4, ,000 Floor Sq M Sq Ft Basement Ground Floor ,013 First Floor Second Floor Third Floor Total ,199 Warehouse ,215 Total Inc. Warehouse ,414 7
8 BER Exempt Solicitors Aoife Fitzpatrick T +353 (01) afitzpatrick@efc.ie Title Freehold. Agent Brian Shields T +353 (1) brian.shields@eu.jll.com John Bradish T +353 (1) john.bradish@eu.jll.com The particulars and information contained in this schedule are issued by JLL on the understanding that all the negotiations are conducted through them. Whilst every care has been taken in the preparation of the particulars and information they do not constitute an invitation to treat, an offer or a contract of any nature whether express or implied. All descriptions, dimensions, maps, plans, artists impressions, references to condition, permissions or licences of use or occupation, access and other details are for guidance only and may be subject to change, without prior notification. The particulars and information are given in good faith but no intending purchaser/tenant should rely on them as statements or representations of fact and is specifically advised to undertake its own due diligence (at its own expense) to satisfy itself as to the accuracy and/or correctness of the particulars and information given. None of JLL, its employees, agents or affiliate companies, makes any warranty or representations whether express or implied with respect to the particulars and/ or information and which are to the fullest extent permitted by law, disclaimed; furthermore, such parties accept no liability in respect of any loss suffered by any intending purchaser/tenant or any third party arising out of the particulars or information. PSRA No
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