Fitzwilliam Hall 25 & 26 Fitwilliam Place and Mews Wilton Terrace, Dublin 2 Tenant not affected / business not affected.
Fitzwilliam Hall 25 & 26 Fitwilliam Place and Mews Wilton Terrace, Dublin 2 Executive Summary v One of the most prominent office buildings in Dublin 2 v Incorporating Fitzwilliam Hall which houses Glendore Business Centre, Brasserie Le Pont and No. 25 Private Dining. v Superb specification throughout v Flexible floor plates within Fitzwilliam Hall v Entire let to Glandore Business Centres Limited on a 15 year lease with upward and downward five yearly rent reviews v Current passing rent of 732,820 per annum v Floor area of 2,748 sq m (29,584 sq ft) together with 19 car spaces v Offers sought in the region of 8,500,000 which equates to net initial yield of 8.25% assuming standard purchasers costs of 4.46% and a capital value per square foot of 287.32 v Overall rent per square foot 24.77
Siemens Fitzwilliam Place Leeson Street Lower Fitzwilliam Hall Shell E&P Ireland Limited Leeson Street Bridge
Swords I.D.A. / LinkedIn N2 N1 M1 Malahide Portmarnock Blanchardstown N3 M50 Finglas Balgriffin Sutton Howth Donaghmede N4 Liffey Valley Palmerstown DUBLIN Raheny Clontarf Ballyfermot N7 Crumlin M50 N81 LUAS Milltown N11 Blackrock Rathfarnham Stillorgan Dundrum Dun Laoghaire M50 William Fry Solicitors R117 Location Mews The properties enjoy an unparalleled position between Dublin 2 & 4 strategically located, on Leeson Street Bridge close to the banks of the Grand Canal. This location is the heart of the Central Business District and within easy reach of St. Stephen s Green and Baggot Street. Local amenities include a host of bars and restaurants such as Brasserie Le Pont, l Ecrivain, Locks, The Canal Bank Café, The Burlington, Shelbourne and Merrion Hotels. Grand Canal The properties are also close to the city s most prestigious universities such as the Royal College of Surgeons and Trinity College making it an attractive location for start up enterprises locating in Fitzwilliam Hall. In the immediate vicinity there are a number of corporate headquarters and government departments, making it a popular and very established choice for corporate occupiers Fitzwilliam Hall 25 & 26 Fitwilliam Place and Mews Wilton Terrace, Dublin 2
Demographics Dublin city centre has a population of 525,000 persons with an estimated 1.27 million people living in the greater urban area. Dublin has a total catchment of 1.8 million (Census 2011). The city s population is expanding rapidly; it is estimated by the Central Statistics Office (CSO) that it will reach 2.1 million by 2020. The availability of a young talented workforce is one of many factors attracting foreign direct investment to the city. Facebook, Ebay, Yahoo!, Google and Twitter have all set up European headquarters in Dublin in recent years. Situation Fitzwilliam Hall is a landmark building situated at the junction of Fitzwilliam Place, Lower Leeson Street and Adelaide Road and adjacent to Leeson Street Bridge, Wilton Terrace and Mespil Road. No. 25 is situated immediately adjacent to Fitzwilliam Hall on the Fitzwilliam Place elevation. Both Properties interconnect.
Transport Fitzwilliam Place has excellent public transport links to the Luas Green Line terminus at St. Stephen s Green and the Charlemont Station. Access to the DART (Dublin Area Rapid Transit) system is approximately 12 minutes walk away at Grand Canal Dock DART Station on Barrow Street. The pivotal city centre location also means this property is well served by numerous Dublin Bus routes linking suburban and city centre locations. The hugely popular Dublin Bike Stations at Fitzwilliam Square and Wilton Terrace are within easy reach. The high quality 24 hour Aircoach service to and from Dublin Airport has a number of stops in the immediate vicinity.
Fitzwilliam Hall, 26 Fitzwilliam Place Fitzwilliam Hall comprises an impressive six storey office building with basement car parking. The large entrance hall provides an imposing marbled reception to very well planned serviced office accommodation which continues to appeal to well known corporate occupiers. The high quality serviced office suites have been adapted to incorporate large interconnecting suites and smaller rooms highlighting the versatility of the floor plates and overall design concept of the business. The central core contains the toilet accommodation and two lifts serve all floors. A large communications room is located on the ground floor. The property incorporates an extensive penthouse floor offering quality conferencing facilities with wonderful views of the city centre. Brasserie Le Pont is located in the basement of No. 26 Fitzwilliam Place this is a stylish and contemporary restaurant and wine bar with heated outdoor terrace. The restaurant is open to both occupiers of the business centre and general patrons. The Mews Wilton Terrace The Mews is a self contained two storey office building with independent access from Wilton Terrace and also through the courtyard from Fitzwilliam Hall giving occupiers the advantage of own door accommodation.
25 Fitzwilliam Place No. 25 Fitzwilliam Place which interconnects (from lower ground to third floor) with Fitzwilliam Hall is a beautifully restored Georgian property offering excellent accommodation for private dining, corporate events and weddings. Rooms such as the Eileen Gray Room accommodate up to 30 guests for dining and 50 for theatre style. Specification Fitzwilliam Hall v Purpose built flexible designed floor plates v Raised access floors with floor boxes v Individual alarmed offices with high security fob system v Recessed fluorescent and spot feature lighting v Tiled and carpeted flooring v Painted and plastered walls; timber panelling v 8 person passenger lift v Separate post room v Commercial kitchen facilities v High quality sanitary facilities at each floor
The Vivaldi External Yard Kitchen Stairs Lobby Entrance Hall The Mozart The Lounge Dining Room Restaurant Comms RM Tea Station The Schumann Meeting Room 2 Store The Schumann Meeting Room 1 Basement Office Lift Post Room Male WC Female WC Lift Reception Waiting Admin Front Entrance Ground The Handel The Beethoven The Bach Glenof the Downs 1 Kitchen Glenof the Downs 2 Male WC Female WC Glenof the Downs 3 TEA Station Glencullen Male WC Female WC First Floor Second Floor Male WC Female WC Dis. WC Kitchen TEA Station Glendalough 1 Glencree 1 Male WC Office Female WC Glendalough 2 Lift Glencree 2 Lobby Lobby Store Third Floor Existing Fourth Floor Plan Fourth Floor Glendalough 3
Fitzwilliam Hall 25 & 26 Fitwilliam Place and Mews Wilton Terrace, Dublin 2 Mews Plans Kitchen WC WC Shwr Shwr WC Landing Hall Void Void Ground Floor Plan First Floor Plan Floor Use Area (Sq m) Net Internal Area Area (Sq ft) Net Internal Area FITZWILLIAM HALL, 25/26 FITZWILLIAM PLACE, DUBLIN 2 Basement Offices / Restaurant Le Pont 430.44 4,633.17 Ground Office 460.01 4,951.46 First Office 451.86 4,863.77 Second Office 466.36 5,019.81 Third Office 477.88 5,143.85 Fourth Office 323.00 3,476.71 THE MEWS Office 138.90 1,495.10 Total Area 2,748.43 29,583.87
Fitzwilliam Hall 25 & 26 Fitwilliam Place and Mews Wilton Terrace, Dublin 2 Tenancy The property is held on a 15 year lease from 16 April 2013 to Glandore Business Centres Limited incorporating 5 yearly upward and downward rent reviews. The current passing rent is 732,820 per annum. Fitzwilliam Hall is a highly successful and long established serviced office building. This property has served as a spring board for many of Ireland s leading corporate employers. Data Room Access is restricted and will be granted by Matheson solicitors to interested parties on the verification of information and signing of NDA. Tenure Registry of Deeds Freehold title save for a small portion which is possessory title. VAT Further information available upon request. Capital Gains Provision Purchasers can avail of Capital Gains Tax (CGT) exemption for any capital gain attributable to the holding period, if the property is acquired before the end of 2013 and is held for a minimum of seven years. We recommend all interested parties seek advice from their tax advisors and satisfy themselves in relation to all taxation matters. Proposal Offers sought in the region of 8,500,000 which equates to net initial yield of 8.25% assuming standard purchasers costs of 4.46% Viewings All viewings are strictly by appointment through the sole selling agent. Full Building Energy Rating certificate and Advisory Report are available from DTZ Sherry FitzGerald. Contact Details Agents Patricia Ward +353 (01) 639 9249 patricia.ward@dtz.ie John Costello + 353 (01) 639 9226 john.costello@dtz.ie Rosemary Casey +353 (01) 639 9315 rosemary.casey@dtz.ie Jane Dolan +353 (01) 639 9225 jane.dolan@dtz.ie Solicitors Shelley Casserly +353 (01) 232 2000 shelley.casserly@matheson.com Receiver Michael Hogan + 353 (01) 662 4096 michael.hogan@capitalassets.ie 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. Brochure design by