Leisure Centre Smithfield Bro 11-17.Indd
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For Sale by Private Treaty On the instructions of David Potter as Receiver Leisure Centre, Block G, Smitheld, Dublin 7 (Existing tenant not aected by sale) HIGHLIGHTS • High-yielding city centre investment opportunity. • Excellent high-prole location on Smitheld Square • Substantial commercial premises let on two separate leases • Comprising of 3,179.2 sq.m. (34,221 sq.ft.) of gross oor space over three oors • Current rental income €150,000 p.a. • Opportunities to further enhance the income by active asset management FOR SALE BY PRIVATE TREATY Leisure Centre, Block G, Smitheld, Dublin 7 LOCATION Smitheld is a historic 17th century market place in Dublin’s north inner city. It witnessed considerable regeneration in the Celtic Tiger era mainly from the available tax incentives which drove development in the late 1990s. Hotels and apartment blocks, together with retail and oce development, were all constructed on the back of this regeneration project. The predominant land use in the immediate vicinity is mixed-commercial and residential in nature. Adjoining occupiers include The Maldron Hotel, The Jameson Distillery, Fresh and Light House Cinema. The subject property is situated 200 metres north of the River Liey and Arran Quay in Dublin 7 and 350 metres west of Church Street. There is a wide selection of public transport facilities in the vicinity. The Red Luas Line from 3 Arena to Saggart & Tallaght has a stop at Smitheld. Heuston railway station is located 1km south-west of the subject property and provides intercity and commuter services to the west, south-west and south of Ireland. Many Dublin bus routes also service the area. DESCRIPTION The subject property comprises a fully tted gym and leisure centre over double-basement and ground oor. The building is a steel-framed structure with a mix of glazed and stone-clad façade. Internal specications include; part timber-covered, part tiled, part carpeted covered concrete oors, plastered and painted walls, part spot, part strip and part ceiling hung lighting and uPVC double glazed windows. Amenities within the gym include reception area; ladies and gents dressing rooms; cardio area; free weight area; six designated studio areas for TRX, Spinning and Boxercise; beauty treatment rooms, physiotherapy rooms, swimming pool; sauna and steam room. HIGH YIELDING INVESTMENT OPPORTUNITY ACCOMMODATION The gross internal oor area measured in accordance with the SCSI Code of Measuring Practise Guidance Notes is as follows: Floor Area Sq.M. Area Sq.Ft Ground Floor and Basement 3,179 34,221 Total 3,179 34,221 We recommend that interested parties satisfy themselves as to the accuracy of the oor areas by measuring or otherwise. FLOORPLAN GROUND FLOOR BASEMENT 1 BASEMENT 2 GROUND FLOOR BASEMENT 001 BASEMENT 002 F-C 0.67 SHELVES 23.2 H-C SAB TNEME ECNARTNE 100 TESOLC DOWN STAIRWELL DOWN STAIRWELL IP SMR 3 -SSECEY SE STORE 2.83 CEILING TO FLOOR C-H 2.32 F-C 0.67 ENTRANCE TO LEVEL 0 LEVEL TO STEPS UP STEPS MOOR SSENTIF MOOR SSENTIF AROLLA GYM UP YTUAEB PU F/C 3.35 h 1.68 CARDIO AREA AERA MYG / SSENTIF UP FLOOR TO CEILING 2.93 UP RESTRICTED HEADROOM HEIGHT IPMS3 RECESS-NO TOILET h 0.25 UP CORRIDOR RISER UP COUNTER RISER OFFICE 53.3 C/F STAFF ONLY STAFF F-C 0.69 C-H 2.30 ENTRANCE / EXIT KITCHENETTE STORAGE IPMS3 RECESS-NO Salon F/C 3.35 ECIFFO LIFT RODIRROC STORAGE 24.3 C/F LLAH ECNARTNE F/C 3.41 SAFE F/C 3.41 LIFT LIFT F/C 3.62 FL+0.20m FLOOR TO CEILING SUSPENDED 2.42 RODIRROC 40.3 GNILIEC OT ROOLF YBBOL TFIL DOWN FLOOR TO CEILING STRUCTURAL 3.17 FEMALE CHANGING AREA CHANGING FEMALE STAIRCASE RODIRROC DOWN LANDING OIDRAC 14.3 C/F DOWN ESACRIATS NWOD DOWN SHOWERS LLEWRIATS SHOWERS UP STNEV/TNALP UP 11.4 C/F MALE CHANGING AREA EGAROTS STEPS DOWN STEPS WAITING AREA -2TO LEVEL FIT-OUT TUO-TIF RESTRICTED HEADROOM FIT-OUT HEIGHT C CRI ALUR S RTCU RALLIP LARUT COV RE DEIWT H ATEM LC VOER CLEANER UP ORMO CEILING HERE FROM AN 1.5M AN TH MORE STORAGE DOWNSTEPS TO LEVEL -2 LEVEL TO UP STELIOT OFFICE ROOM TELIOT UP SERVICE MOOR PMUP LIFT ELBASID MOOR ELCYC CH1.32 DOWN TOILET ROOLF 68.2 GNILIEC OT UP LIFT F GYM / FITNESS AREA UP 88.2 C/ DOWN TELIOT 16.3 C/F FLOOR TO CEILING 4.03 MOORHTAB ENIHCAM IPMS3 TO GLASS LOBBY MOOR TNALP TNEV F/C 2.41 ECIFFO 23.3 GNILIEC OT ROOLF BH 2.71 FLOOR TO CEILING 4.68 STORE W THGIH m05.2 LLA OFFICE F/C 2.42 STORE DOWN TNALPMOOR UP 68.2 GNILIEC OT ROOLF 2 GNILIEC58. OT ROOLF UP MOOR PMUP 48.0+ ROOLF GNILIEC58.2 OT ROOLF REVO DIOV LOOP GNIMMIWS AERA GNIXOB LOOP GNIMMIWS INNER WALL 1.68 HIGH IZZUCAY 97.1+ ROOLF LOBBY EROTSESB DUCT YBBOL TIXE DOWN 48.2 C/F DOWN 58.2 C/F STNEV/TNALP MOOR TNALP UP 64.2 GNILIEC OT ROOLF UP SSECCA DETIMIL AREA 84.2 C/F AERA ECAPS DAEHREVO DETIMIL NOMMOC 30.2 C/F MOOR TNALP 99.0 GNILIEC OT ROOLF NUORGREDNUD UP 57.2 GNILIEC OT ROOLF KRAP RAC RODIRROC UP 48.2 C/F LOW WALL ANUAS UP ANUAS GIH LLAW H TENANCY SCHEDULE Current Rent Unit Tenant Trading As Start Date Term Next Rent Review Tenant Break Options Receivable Iconic Health Club Unit 1 Health Escape 1/10/2010 31.16 4/12/2021 €50,000 Break option 4/12/2031 Limited Ground & Iconic Health Club Health Escape 4/12/2006 35 04/12/2021 €100,000 Break option 3/12/2031 Basement Limited River Card Rd North Dublin Rd Albert College iff National un Park m sbridg R yll iver School Project Rockfield Park ad Rd aB Saint David's o e Rd Christian ide R Brother School ah Rive al r Road Plunket d M College Griffith Ave Br state E d Co ookwoo oad Ra s Roa Saint Mary's R a R llins er toa Holy Faith Riv th Ro Highfield Ave er Tolk Coolmine Rd Riv Tolk d St Mobhi Rd ad a Valley Roa Whitehall Sword Alzheimer d Ave Rugby River Road Stadium Care Centre Football Club River (Homefarm FC) Private Hospl Road River Road Tolka Valley Whitehall Russell Park Road Navan Road Park College of d wth Further Ho Education Maryfield alahide R Bon Secours M College Hospital Rd Griffi Howth th Avenu d Na Fianna a GAA e Dominican Collin Rato Mobhi Rd College of ide Ro s Ave Saint Vincents ah Eas St Paul's Coll St Scoil Chatriona Eccles Street a al per GAA Club t th Homefarm FC M St Paul's ad Ro Pitches National Marino Parnell Park Ro ad Botanic Institute of ll Saint Anne's i Education wth d Gardens o H Park R H d Saint dra Road Up Pobalscoil Killester Coll of Cas Dominic's hi R Saint Patrick's Rosmini Co- Sybil con Nazereth tleknock All Hallows Schoil Mhuire Further Rd College College of Educational House Nursing Howth Rd Castleknock Rd Griffith Park Education College Education t Mob Community Saint Vincent Home oad S Drum St Catherine's Rat School Rose Garden Castleknock R Fin de Paul National oat glas Saint Joseph's National School h R Centre for the Blac Roa School Ardscoil Rís kh Saint Finbarr's Cabra Visually Central ors d d National Community Impaired Malahide Rd Remedial Clinic e A School Coll d Irish venue a Ratoa Clonturk Park Mount Temple Wheelchair Road Our Lady's h Ro Rd th Comprehensive wt Association Park Ierne Sports Ho Na John Paul 2 Tolka Park Gheel Autism School Clontarf Rugby and Respite r van Road Fi tanic and Social Park (The ew (Shelbourne Services Centre nglas Rd o Club & Cricket Club B Bogies) o FC) Fairview L CYMC Sports ide R d Stella Maris FC Belvedere Rd atoat St Vincent's and Social College Sports oa Malah Mount Bernard Hospl Club Rd Ground h R Park dra R Howth Farmleigh oa St Joseph's d con Blackhorse Avenue Holy Cross Christian Bram Stoker Charleville St Mary's Lawn Tennis College Brothers Park Drum National Avenue Club Secondary n R School School a Christ the King Mater Dei Belgrove toat National Institute of w Westwood School Education Verno Blackhor h R School Fairvie Clontarf se P Ave hib view Strand Navan oad Clonliffe Road Fair yrne s ridge Roa b Rd Dalymount lfie B d A Park oro Rd Clontarf Lawn Ol u Fairview Park Scoil Uí Tennis Club d Cabr Cab gh Poplar Annesley B Bla ra Road Ro ad Chonaill GAA ckhors a Road R w Ro Club Nor y o yrne th Ci el rcu e B a lar Road sennA calP d e Ave y Rd Alfie h DorsetLower St g Rd rth d Rd Clon Berkele Mater Hospital et llybou No tar per f R Ba tran oa Dors S d St Up B erkel h Furry Glen Rd Bla ey c d boroug Phoenix Park khors Rd e Ave ibs Temple St th Circular R Blessington allybough FOR SALE BY PRIVATE TREATY Ph B Rd nue Nor Street Basin Children's East Wall Rd Pru University Blessingto Mountjoy Sq P Saint Blessington Hospl ort s Park sia Brendan's St n la Leisure Centre, Block G, Smith eld,Street Park Dublin 7 d Polo Grounds Hospital ll nd Row St Frederick St erhi Stran (Closed) North m d Ga R Western St Sum r North Aug Way M diner er iddle hrim t Upp P St S arnell Sq Sev ree Pla East ille Sean O'Casey t ce North Circular Road t Community Dorset ll S Parnell Gardi Centre sports M Sq West an King's Inns Parne pitches o Rotunda r Park ner Str Stre Maternity Hospital d et Leisure Centre Bolton St eet Lo Dog pond l r Dublin Institute Smith eld Parnel Lucan Infirmary Roa St of Technology wer Church t Uppe Rd ns St t Wall Roa S - Bolton St Sheriff Street Upper Eas St Amie orth King Chapel N Lucan izod d B St George's Dock yp Road e Queen ass St Cha Conyngham Road h Custom pelizod Rd Parkgate St all Plac Eden House Quay Quay hurc Kylemo Croppy Acre lackh Burgh George's C oad Wolfe Tone Quay B ors Quay Quay North Wall Quay Elli Bachel k Cit hapelizod R s Quay Wal y Quay C ar Victoria Quay d re Ro Cha t pelizod Road n U a she A Aston Quay S r's Islan rran Q a Sir John l T Moss St d er uay Ormond st Rogerson's Qua tS Ush Quay Lower y omt y ad er's Inns Q on Qua Town Qua Ormond Quay s send est ua S St Ea eet y y Upper eW t Wellingt oll pass Merchant's Quay Essex C t Liffey Cha aint