for sale by private treaty

1 – 3 The Green Co.

commercial property

Tenants Not Affected

• Prime mixed use investment opportunity • Extensive surface level car parking to in Malahide, Co. Dublin. the rear with development potential. • Four storey over secure basement • Entire is producing €288,000 per annum. car park. • WAULT of 9.3 years Ground floor restaurant with three floors • • Property extends to 960 sq.m. of modern offices above. (10,328 sq.ft.)

15 Herbert Street, Dublin 2, D02 HR63 T 01.664.5500 E [email protected] www.kellywalsh.ie Location Map Reference Only

LOCATION This is a prime location within the village with nearby occupiers including Starbucks, The asset is located on the southern side of Donnybrook Fare, Spar and Gibneys of The Green approximately 50 metres east of Malahide. Malahide is served by numerous the New Street and Strand Street Junction in public bus routes, providing regular access Malahide, North Dublin. Malahide is to the City Centre, and an affluent award winning village well known surrounding suburbs. for its host of well-established restaurants, delicatessens and boutique shops. The DART Station is located nearby and connects the area with Dublin City Centre The property holds a prominent profile in the and coastal suburbs, including commuter village overlooking the Marina with views of towns such as Dundalk and Drogheda. Malahide beach to the east. and demesne is accessible within a few hundred metres North West of the subject property.

Ground Floor Malahide Marina View Malahide Dart Station

Parking Area

Aerial view reference only

www.kellywalsh.ie Ground Floor

DESCRIPTION The first floor office comprises a reception area with 4 cellular offices and a meeting The property comprises a four storey over room with rooms providing floor to ceiling basement modern mixed use building glass panel walls with kitchen area and extending to approximately 960 sq.m. bathrooms. There are carpeted floor (10,328 sq.ft.). coverings with dropped florescent tube lighting and floor boxes with cat 5e cabling. The basement provides a secure under- ground parking facility with 16 designated The second floor is primarily open plan office spaces with plant and ancillary storage. space with reception area meeting room There are six surface level car spaces to the with a single separate office. Specification front with extensive secure car park to the rear. includes suspended ceilings with recessed tube lighting, carpeted floor coverings and The front elevation provides an attractive cat 5e cabling. yellow brickwork façade incorporating timber framed double glazed windows with feature At third floor there is an open plan office clad top floor office space. layout with modular desks complete with reception area, fully fitted kitchen and two The ground floor is operating as a Thai separate office spaces with floor to ceiling restaurant trading as Siam Thai. The fully glazed panelled walls. The upper floors are fitted restaurant is laid out with split level accessible via a lift or internal staircase. seating with four separate dining areas and a bar including a contemporary covered The rear car park extends to approximately terrace cocktail bar facing out onto the 0.07 acres (0.03 Ha) and offers development Marina Green. potential subject to planning permission.

Ground Floor

Malahide Village

Ground Floor

www.kellywalsh.ie Malahide Marina

tenancy schedule BER The entire is producing a total rent roll of BER C3 - D1. € 288,000 per annum with a Weighted Certificates available upon request. Average Unexpired Lease Term of 9.3 years.

Tenant Area Sq.m. Sq.ft. Rent PA Term Term Reviews Commencement Date Siam Thai Basement 85 915 Ground Floor 318 3,423 Part First Floor 12 129 € 135,0000 1/10/2003 25 5 Yearly E-Light First Floor 121 1,302 € 50,000 01/01/2015 20 5 Yearly AMT Second Floor 252 2,713 € 63,000 21/01/2002 20 5 Yearly Captured Third floor 172 1,851 € 40,000 01/07/2016 3 N/A Carbon Total 960 10,333 € 288,000

Zoning Under the Development Plan 2011 - 2017, the property is zoned objective TC “To protect and enhance the special physical and social character of town and district centre and provide and/or improve urban facilities”. First Floor The front of the building has a special Architectural Conservation Area provision Zoning map reference only which is common in Malahide Village.

PRice CONTACT For more information and inspection, please On application. contact Bryan Molloy at Kelly Property Advisors & Agents on 01 6645500 or email [email protected] VIEWING Strictly by appointment with sole selling agent.

Third Floor

PSRA Licence No: 002885 www.kellywalsh.ie

These particulars are issued by Kelly Walsh on the understanding that any negotiations relating to the property are conducted through them. While every care is taken in preparing them, Kelly Walsh, for themselves and for the vendor/lessor whose agents they are, give notice that: (i) The particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract. (ii) Any representation including descriptions, dimensions, references to condition, permissions or licences for uses or occupation, access and any other detail 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. (iii) Neither Kelly Walsh nor any of its principals or employees have any authority to make or give any representations or warranty in relation to the property.