SALE & LEASEBACK PORTFOLIO

(Tenant not Affected) THE OPPORTUNITY INTRODUCTION

The group employs PLC PARENT LONG TERM SAVILLS ARE DELIGHTED TO PRESENT THE PADDY POWER SALE over 7,500 globally TENANT SECURE INCOME AND LEASE BACK PORTFOLIO. trades under its core A unique collection of 14 long Flutter Entertainment plc is the brands: COVENANT STREAM Flutter Entertainment plc Total net portfolio rental established prime city centre, high leading international sports betting t/a PADDY POWER income of €480,000 PER street, suburban and provincial and gaming group and a constituent ANNUM properties located throughout Ireland of the FTSE 100 index of the London for sale in a single lot all of which Stock Exchange and ISEQ, Irish Stock are currently owner occupied by Exchange. Flutter Entertainment plc trading as Paddy Power. LONG TERM 5 YEARLY www.flutter.com LEASES RENT REVIEWS A NEW 15-YEAR TO THE HIGHER LEASE AGREEMENT FOR OF OPEN MARKET RENT EACH PROPERTY, OR CPI, subject to a 5% with a tenant break at cap and -0.5% collar on year 10 the CPI element

GROUP REVENUE Underlying EBITDA* PRE-TAX PROFITS

LOCATION

(GBP) (GBP) (GBP) bn M M DIVERSIFICATION £ £451 £219 9 PROPERTIES LOCATED IN 1.873FOR 2018 FOR 2018 FOR 2018 AND CORK, with the balance located in prominent provincial towns throughout Ireland

*EBITDA is profit before interest, tax, depreciation, and amortisation expenses 1 2 3 4 5

6 7 8 PROPERTY INDEX

1 149 - 150 Parnell Street 8 Ground Floor DUBLIN 1 2/3 Main Street 2 Ground Floor DUBLIN 22 40 Upper Baggot Street DUBLIN 4 9 35 Duleek Street 9 10 11 Drogheda 3 Ground Floor CO. LOUTH 4 Ardcollum Avenue Artane Main Street DUBLIN 5 10 Maynooth CO. KILDARE 4 25 Cardiffsbridge Road Turkey Road DUBLIN 11 11 Tramore CO. WATERFORD 5 2/3 Drogheda Mall Finglas 17 Friar Street DUBLIN 11 12 Thurles CO. TIPPERARY 12 13 14 6 Unit 2B Plaza Ballymun Road 13 34 Castle Street DUBLIN 11 Tralee CO. KERRY 7 1 Clonard Road Crumlin 14 Ground Floor DUBLIN 12 34 Cornmarket Street CORK

SALE & LEASEBACK PORTFOLIO 3

Donabate LETTERKENNY 4 N14 A6

M2 DONEGAL A5 A29 N15 A26

A32 BELFAST M1

ENNISKILLEN A4 Dun Na Si A1 M2 Ardrums N59 SLIGO BALLINA N2 Swords N3 5 2 N17 Rathrone CAVAN M1 N4 CASTLEBAR 2 Kilcloon M3 DUBLIN N5 RG AIRPORT N3 9

N84 Dunboyne N4 Enfield M1 1 N17 M2 M4 MULLINGAR 4 4 3 M4 M50 ATHLONE 10 DUBLIN 4 5 M6 Johnstown GALWAY M50 Bridge N7 N11 M7 Ongar 2 PORTLAOISE Finglas Beaumont Sutton N18 WICKLOW 5 Kilshanroe Maynooth 4 M7 6 3 6 TURS M9 10 M50 LIMERICK M8 Port Tunnel Clontarf Drumcondra Fanagh 12 N24 N11 M50 TIPPERARY 7 M4 Leixlip N21 N24 6 WEXFORD 5 WATERFORD Lucan 7 13 TR M8 a N20 1 11 TRMR DUBLIN KILLARNEY Backweston Docklands The Greenhill N25 R R Derrinturn N22 14 Celbridge Adamstown 2 Rathco eyR Staplestown 7 8 Crumlin Clondalkin 1 Donnybrook 9 Stra an LOCATIONS Milltown 10 Castledillon Belgard The Cott 1 149 - 150 Parnell Street, DUBLIN 1 M50 Churchtown 2 40 Upper Baggot Street, DUBLIN 4 Blackwood Clane Blackrock Dun 11 3 4 Ardcollum Avenue, Artane,Ardclough DUBLIN 5 Dundrum Laoghaire Allenwood 4 25 Cardiffsbridge Road, Finglas, DUBLIN 11 Ratfarnham 5 2/3 Drogheda Mall, Finglas, DUBLIN 11 Citywest 12 6 Unit 2B Ballymun Plaza, Ballymun Road, DUBLIN 11 Robertstown 13 14 7 1 Clonard Road, Crumlin, DUBLIN 12 M50 8 2/3 Main Street, Clondalkin, DUBLIN 22

9 35 Duleek Street, Drogheda, CO. LOUTH 15 Kilmeage Clonagh 10 Main Street, Maynooth, CO. KILDARE

11 Turkey Road, Tramore, CO. WATERFORD Cherrywood Allen 16 Carragh 12 17 Friar Street, Thurles, CO. TIPPERARY M11

13 34 Castle Street, Tralee, CO. KERRY 17 14 34 Cornmarket Street, CORK Naas SALE & LEASEBACK PORTFOLIO 5

Milltown Manor Kilbride M50 M7 Ballinagee

Blessington Mullacash Kildare M7 M7

Maddenstown M9 Ballymore Eustace Ballysax 149/150 Parnell Street, Ground Floor, DUBLIN 1 40 Upper Baggot Street, DUBLIN 4

LOCATION AREA Ground Floor LOCATION AREA Ground Floor 139.9 sq. m (1,506 sq.ft) NIA 94.5 sq.m (1,017 sq.ft) NIA The property occupies a high profile mid-terraced location on this Occupying a landmark location on this prime south city centre First Floor bustling north Dublin city centre commercial parade. Ideally situated commercial thoroughfare adjacent to Searsons and The Waterloo, Upper TITLE Freehold within immediate proximity to O’Connell Street, the Red/ Cross 67.4 sq m (725 sq.ft) NIA Baggot Street and its surrounding environs is a highly coveted commercial City and opposite to the junction with Marlborough Street. trading and residential district. RENT €84,000 per annum exclusive TITLE Freehold of rates and insurance DESCRIPTION RENT €50,000 per annum exclusive DESCRIPTION BER of rates and insurance Fully serviced prominent retail unit with feature glazed façade, open plan Ground floor retail unit with feature glazed shop front, primarily open plan configuration and back office. Separate own door access to the first floor, BER with back office and staff facilities. which is currently unoccupied, provides for additional accommodation.

SALE & LEASEBACK PORTFOLIO Ground Floor, Ground Floor, 25 Cardiffsbridge Road, 4 Ardcollum Avenue, Artane, DUBLIN 5 Finglas, DUBLIN 11

LOCATION AREA Ground Floor LOCATION AREA Ground Floor 36.3 sq.m (391 sq.ft) NIA 70.4 sq.m (758 sq.ft) NIA The property occupies a prominent mid terrace location in this popular The property occupies a high profile mid-terraced location in this mature north Dublin neighbourhood parade, while benefiting from a high degree TITLE A long leasehold title interest residential district. This is a popular retail and commercial parade TITLE Held in Fee Simple of accessibility given its proximity to the M50 /M1. held for a term of 500 years with adjacent occupiers including Dunnes Stores. The property is a short from 1st January 1954 distance from the M50 and Charlestown Shopping Centre. RENT €17,000 per annum exclusive DESCRIPTION RENT €14,000 per annum exclusive DESCRIPTION BER A primarily open plan ground floor retail unit with office / staff facilities to of rates and insurance rear. A ground floor retail unit laid out in an open plan configuration, with back BER office and staff facilities.

SALE & LEASEBACK PORTFOLIO Ground Floor, 2/3 Drogheda Mall, Ground Floor, Unit 2B Ballymun Plaza, Finglas, DUBLIN 11 Ballymun Road, DUBLIN 11

LOCATION AREA Ground Floor LOCATION AREA Ground Floor 140.4 sq.m (1,511 sq.ft) NIA 149.6 sq.m (1,610 sq.ft) NIA A long established and popular retail parade located in the centre of A popular north Dublin commercial and residential parade ideally Finglas village. The village is situated within a large mature residential TITLE A long leasehold title interest located in the centre of Ballymun village. Adjacent occupiers within the TITLE A long leasehold title interest catchment and is highly accessible via the Junction 5 - M50. held for a term of 500 years development, include McManus Pharmacy and Travel Lodge Hotel. The held for a term of 999 years from 1st January 1978 location is easily accessible via the M50 situated nearby. from 1st June 2006 DESCRIPTION RENT €35,000 per annum exclusive DESCRIPTION RENT €45,000 per annum exclusive A ground floor retail unit providing for an open plan customer area, back office and staff facilities. Ample off-street parking is available to the front BER A modern open plan unit with feature glazed façade, the accommodation BER of the property. provides for a mix of open plan, ancillary and staff accommodation.

SALE & LEASEBACK PORTFOLIO 1, Clonard Road, Ground Floor, 2/3 Main Street, Crumlin, DUBLIN 12 Clondalkin, DUBLIN 22

LOCATION AREA Ground Floor LOCATION AREA Ground Floor 120.5 sq.m (1,297 sq.ft) NIA Retail Clonard Road is a hugely popular and long established residential and First Floor The subject property occupies a prominent mid-terraced location in the 184.6 sq.m (1,987 sq.ft) NIA commercial location in the heart of Crumlin. The location is exceptionally (Vacant Residential Unit) centre of bustling Clondalkin village. Clondalkin is situated approximately Training Unit convenient to the city centre and south city road network. 55 sq.m (592 sq.ft) GIA 12km west of Dublin city centre to the north of Tallaght and south of 56.8 sq.m (611 sq.ft) NIA Lucan. Part First Floor DESCRIPTION TITLE A long leasehold title interest 25.6 sq.m (276 sq.ft) NIA held for a term of 900 years DESCRIPTION Prominent end of terrace two storey property with convenient street from 1st May 1934 TITLE A long leasehold title interest parking to the front. Ground floor retail, with office and staff facilities. The A prominent double fronted unit with feature glazed façade. The unit held for a term of 499 years first floor provides for a vacant one-bedroom residential unit. RENT €27,000 per annum exclusive provides for a mix of open plan and back office accommodation with from 25th March 1852 ancillary staff facilities. BER RENT €50,000 per annum exclusive

BER

SALE & LEASEBACK PORTFOLIO 35 Duleek Street, Drogheda, Main Street, Maynooth, CO. LOUTH CO. KILDARE

LOCATION AREA Ground Floor LOCATION AREA Ground Floor 47.5 sq.m (511 sq.ft) NIA 62.6 sq.m (674 sq.ft) NIA Drogheda occupies a key strategic location on the M1 motorway linking Maynooth is a thriving university town located in Co. Kildare approximately First Floor Dublin to Belfast. The subject property is located on Duleek Street, an TITLE Held in Fee Simple 30km from Dublin City Centre. The town benefits from its ease of access 21.6 sq.m (233 sq.ft) NIA historic street within Drogheda town. being located just off the M4 motorway coupled with a frequent train RENT €12,000 per annum exclusive service. TITLE A long leasehold title interest DESCRIPTION held for a term of 200 years BER The subject property occupies a prominent trading location on from 20th February 1963 Maynooth’s bustling Main Street. Ground floor provides for part open plan customer area with back office and staff facilities. RENT €20,000 per annum exclusive DESCRIPTION BER The ground floor provides for a front of house customer area, with office and staff facilities to rear.

SALE & LEASEBACK PORTFOLIO Turkey Road, Tramore, 17 Friar Street, Thurles, CO. WATERFORD CO. TIPPERARY

LOCATION AREA Ground Floor LOCATION AREA Ground Floor 112.9 sq.m (1,215 sq.ft) NIA 120.8 sq.m (1,300 sq.ft) NIA Tramore is a popular seaside resort town located in Co. Waterford. Thurles is a busy provincial town and home to Limerick Institute of First Floor Situated approximately 13 km from Waterford city centre, Tramore acts as TITLE Freehold Technology Thurles. The town is renowned for its popular national hunt N/A a satellite town for the city. and greyhound racing tracks as well as the legendary Semple Stadium. The RENT €13,000 per annum exclusive subject property is located in the heart of Thurles town on Friar Street. TITLE Freehold The subject property is located on Turkey Road, close to the towns bustling promenade. BER DESCRIPTION RENT €13,000 per annum exclusive

DESCRIPTION The property comprises of a ground floor retail area, with back office and BER staff facilities. The upper floor is currently not in use and is only accessible A unique landmark property with extensive outdoor area to the front. internally. Internal configuration provides for customer area with staff facilities and back office.

SALE & LEASEBACK PORTFOLIO 34 Castle Street, Tralee, Ground Floor, CO. KERRY 34 Cornmarket Street, CORK

LOCATION AREA Ground Floor LOCATION AREA Ground Floor 122.8 sq.m (1,322 sq.ft) NIA 343.4 sq.m (3,696 sq.ft) NIA Tralee is the largest town in Kerry and provides an important regional First Floor Cork city is located in the south west of Ireland and is the second largest administrative and commercial function for the south west. 21.10 sq.m (227 sq.ft) NIA city in the country. The subject property is located on Cornmarket Street, TITLE Part Freehold/ Part Long Second Floor an historic and hugely popular trading location within Cork city centre. Leasehold The property is ideally situated on Castle Street in the heart of Tralee town 50.70 sq.m (546 sq.ft) NIA The street is also convenient to the traditional shopping thoroughfares of centre and adjacent to ‘The Mall’ retail district. Castle Street and North Main Street. RENT €70,000 per annum exclusive TITLE Held in Fee Simple DESCRIPTION DESCRIPTION BER RENT €30,000 per annum exclusive A substantial property which provides for a ground floor retail unit with Prime city centre ground floor unit which benefits from dual frontage and back office and staff facilities. The upper floors, which are vacant and in BER public assess directly on to Cornmarket Street and Paul Street. shell condition, benefit from separate own door access. Adjacent occupiers include Lidl, TK Maxx and The Outdoor Adventure Main image - Paul Street entrance Store. Inset - Cornmarket Street entrance

SALE & LEASEBACK PORTFOLIO CONTACTS

SELLING AGENTS Savills Ireland 33 Molesworth Street, Dublin 2, Ireland

www.savills.ie

STEPHEN MCCARTHY Head of General Retail Agency +353 (0) 1 618 1349 [email protected]

KEVIN MCMAHON Associate - Investment +353 (0) 1 618 1328 [email protected]

HENRY ROE Surveyor - Retail Agency +353 (0) 1 663 4304 [email protected]

SOLICITOR

CATRIONA SHARKEY T: +353 (0) 1 661 6922 [email protected]

Comprehensive details for each property offered in the portfolio are available to view in the dedicated data-room: www.PPsaleandleaseback.com

PROPERTY MISREPRESENTATION ACT The Vendors/Lessors and their Agents give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills Ireland nor Savills UK nor any of their employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills Ireland nor Savills UK nor any of their employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. Designed and produced by Creativeworld. Tel +353 1 447 0553.