Hilton Dublin Airport
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HILTON DUBLIN AIRPORT Malahide Road, Northern Cross, Dublin 17, Ireland For Sale by Private Treaty HILTON DUBLIN AIRPORT INTRODUCTION ge | 2 Pa JLL has been appointed as exclusive Opened in 2006 and Offered for sale with the selling agents for the high quality, including 166 generously benefit of long leasehold modern, upscale Hilton Dublin sized guestrooms, the title (475 year lease at a Airport Hotel, operated under hotel boasts the recently nominal rent), the Hilton the Hilton Hotels & Resorts brand. refurbished Burnell Bar Dublin Airport boasts Ideally located in the rapidly & Grill, popular meeting an established trading growing Dublin hotel market, the spaces, extensive secure history, a wide and very property is conveniently situated car parking and full air- well invested full service near Dublin City’s M1 and M50 conditioning throughout. offering and exciting motorways, just minutes from Dublin upside potential. City Centre and Dublin Airport. INVESTMENT HIGHLIGHTS Occupying a high profile Modern, purpose location at the entrance to built, full service Northern Cross Business Hilton hotel, opened Campus, a popular office and in 2006 and built by retail scheme boasting major Walls Construction, corporates such as Mylan, one of Ireland’s Aramark and Experian, all leading building just minutes from Dublin City contractors Centre and Dublin Airport | 3 Hotel Airport Dublin Hilton The hotel offers 166 well- Operated with the benefit appointed guestrooms, of long term management the recently refurbished agreement with Hilton, the Burnell Bar & Grill, the hotel is superbly well placed Walls Suite ballroom (250 to capitalise on the growing person capacity), extensive North American long haul surface and underground demand at Dublin Airport, car parking and full air- in addition to city conditioning throughout centre demand A profitable and well The Dublin hotel market managed trading business, experienced RevPAR with exciting scope for growth of +8% in 2017, further performance growth whilst Dublin Airport and currently benefiting from passenger numbers a recent and high quality increased by +6% to a F&B refurbishment record 29.6 million in 2017 Page | 4 Hilton Dublin Airport Hotel | 5 Hotel Airport Dublin Hilton The only Hilton branded hotel, boasting one of the best quality hotel products in the Dublin Airport catchment Rogerstown Estuary Portrane Newbridge Demense Donabate Balrothery Kilsallaghan A high profile location, with diverse demand drivers Newtown Cross Kilcoscan The Island Golf Club Chapelmidway SWORDS Kilbride St. Margarets Golf & Country Club MALAHIDE Ward Cross Airside Retail Park Airside Business Park Malahide Castle & Gardens North Runway - Dublin Airport M1 Ward Malahide Golf Club DUBLIN Dublin AIRPORT Airport PORTMARNOCK Central KINSEALEY Portmarnock Golf Links Horizon Logistics Park Portmarnock Tyrrelstown HILTON DUBLIN AIRPORT Ballycorden M50 Airways Portmarnock Littlepace IKEA Mulhuddart Industrial Park R139 Golf Club Blanchardstown Gulliver's Clonshaugh Business Northern Cross Retail Park & Technology Park Business Campus Northwood Business Campus M50 Clarehall CLONGRIFFIN Shopping M50 R107 Malahide Road Centre Whitestown Industrial Park Ongar Beaumont Village Abbotstown Malahide Road SANTRY Hospital Retail Centre BALDOYLE Howth Junction Sutton Bayside SUTTON Howth Kilbarrack Clonsilla HOWTH Blanchardstown Dublin City Clonsilla Dunsink University RAHENY Howth Castleknock ARTANE Howth Head Raheney Golf Club Harmonstown Coolmine ParkwayNavan Road Ashtown Broombridge Killester St. Annes St Patrick's College Castleknock National Port Tunnel Golf Club Botanic Drumcondra Gardens Summerton R oyal Ca Clontarf Road nal Drumcondra CLONTARF M50 Lucan Royal Dublin Golf Club Palmerstown PHOENIX PARK Dublin Zoo Phoenix Connolly Station Islandbridge Park Heuston Station DUBLIN DUBLIN PORT Chapelizod Tara Street Bus Stops CITY CENTRE Pearse Train line Ballyfermot Station Motorway Kilmainham Grand Canal Dock Inchicore Port Tunnel Selected &Cherry Parkwest Orchard Clondalkin Landsdowne Rd Demand Drivers Bluebell Dolphin's Barn Grand Canal Sandymount Drimnagh Walkinstown ParadeSydney Clondalkin Crumlin Ballymount Kimmage Rathgar Milltown Terenure Booterstown Booterstown M50 Perrystown Clonskeagh UCD Blackrock Belgard Blackrock Kingswood Windy Arbour Seapoint Rathfarnham MonkstownSalthill & Templeogue Churchtown Mount Merrion Dún Laoghaire Goatstown Monkstown Dún Laoghaire Stillorgan Dundrum Tallaght Tallaght Ballyroan &Sandycove Glasthule Knocklyon Ballyboden Kill Of The Grange Glenagery Firhouse Galloping Green Dalkey Leopardstown Deans Grange Aylesbury Ballinteer Sallynoggin Dalkey Whitechurch Sandyford Marlfield Cornelscourt Foxrock Bohernabreena Woodtown Rockbrook Killiney Cabinteely Fort Bridge Ballyogan Rogerstown Estuary Portrane Newbridge Demense Donabate Balrothery Kilsallaghan Newtown Cross Kilcoscan The Island Golf Club A HIGH PROFILE LOCATION & Chapelmidway SWORDS Kilbride EXTENSIVE DEMAND CATCHMENT St. Margarets Golf & Country Club MALAHIDE Ward Cross The hotel occupies a high profile location at the entrance to Northern Cross Business Airside Retail Park Campus in Dublin 17, a popular office and retail scheme boasting major corporates such Airside Business Park Malahide Castle & Gardens Mylan, Aramark, Aer Rianta and Experian. The immediate vicinity offers popular local amenities such as over 560 apartments in Burnell Square, Meadows & Byrne Homeware, North Runway - Dublin Airport M1 Bank of Ireland, Eurospar, Giraffe Childcare as well as host of shops in Clarehall Shopping Ward Centre, anchored by Tesco. Malahide Golf Club DUBLIN Dublin AIRPORT Airport PORTMARNOCK Offering excellent connection to the nearby M50 and M1 motorways, the location has Central KINSEALEY strong transport links including dedicated airport shuttle bus, Dublin Bus and nearby Portmarnock Golf Links Horizon Logistics Park DART services, all just minutes from Dublin City Centre and Dublin Airport. Portmarnock Hilton Dublin Airport Hotel | 7 Hotel Airport Dublin Hilton Tyrrelstown Ballycorden M50 Airways Portmarnock Littlepace IKEA Mulhuddart Industrial Park R139 Golf Club Blanchardstown Gulliver's Clonshaugh Business Northern Cross Retail Park & Technology Park Business Campus Northwood Business Campus M50 Clarehall CLONGRIFFIN Shopping M50 R107 Malahide Road Centre Whitestown Industrial Park MALAHIDE, PORTMARNOCK, Ongar Beaumont Village Abbotstown Malahide Road SANTRY Hospital Retail Centre BALDOYLE Howth Junction Sutton Bayside SUTTON Howth HOWTH & CLONGRIFFIN Kilbarrack Clonsilla HOWTH Blanchardstown Dublin City The surrounding areas of Malahide, Portmarnock, Howth and Clongriffin serve as an Clonsilla Dunsink University RAHENY Howth Castleknock ARTANE Howth Head Raheney Golf Club excellent demand catchment for the hotel. Malahide, Portmarnock and Howth are Harmonstown Coolmine ParkwayNavan Road Dublin city’s most affluent northern suburbs, combining high value residential living Ashtown with numerous tourism attractions including Malahide Village and Castle and Howth Broombridge Killester St. Annes St Patrick's College Village and Head. The area also boasts numerous world famous golf courses such as Castleknock National Port Tunnel Golf Club Botanic Drumcondra Gardens Portmarnock Golf Club and Portmarnock Hotel & Golf Links, the latter having been Summerton acquired by Kennedy Wilson in recent years. R oyal Ca Clontarf Road nal Drumcondra CLONTARF M50 Lucan Royal Dublin There are also major complimentary residential and commercial developments under Golf Club Palmerstown PHOENIX PARK way in the vicinity, including the ongoing development of Clongriffin Town with 5,000 Dublin Zoo new residents and nearby residential development at Belmayne. In addition, adjacent Phoenix Connolly Station Islandbridge Park Heuston lands at Belcamp have recently been granted permission for a major residential scheme. Station DUBLIN DUBLIN PORT Chapelizod Tara Street CITY CENTRE Pearse Ballyfermot Station Kilmainham Grand Inchicore Canal Dock &Cherry Parkwest Orchard Clondalkin Landsdowne Rd Bluebell Dolphin's Barn Grand Canal Sandymount Drimnagh Walkinstown ParadeSydney Clondalkin Crumlin Ballymount Kimmage Rathgar Milltown Terenure Booterstown Booterstown M50 Perrystown Clonskeagh UCD Blackrock Belgard Blackrock Kingswood Windy Arbour Seapoint Rathfarnham MonkstownSalthill & Templeogue Churchtown Mount Merrion Dún Laoghaire Goatstown Monkstown Dún Laoghaire Stillorgan Dundrum Tallaght Tallaght Ballyroan &Sandycove Glasthule Knocklyon Ballyboden Kill Of The Grange Glenagery Firhouse Galloping Green Dalkey Leopardstown Deans Grange Aylesbury Ballinteer Sallynoggin Dalkey Whitechurch Sandyford Marlfield Cornelscourt Foxrock Bohernabreena Woodtown Rockbrook Killiney Cabinteely Fort Bridge Ballyogan DUBLIN AIRPORT Dublin Airport passenger numbers increased by +6% to 29.6 million in 2017, making it one of the fastest growing airports in Europe. The airport has experienced a +200% increase in long haul passenger numbers in the last 6 years. 29.6 million 85% Passengers travelled through Dublin Of all air-traffic in/out of Ireland is Airport in 2017 through Dublin Airport DUBLIN - LONDON US Pre-Clearance Page | 8 Page Busiest route in Europe and The only major European airport No. 2 in the world with pre-clearance +16,000 +6% Jobs directly supported by Dublin Airport Dublin Airport passenger growth in 2017 5th +20 Most flights in Europe to Flight destinations in North America North America Source: DAA In addition, Dublin Airport is about to benefit from