For Sale by Private Treaty On the instructions of David Potter as Receiver Leisure Centre, Block G, Smitheld, 7

(Existing tenant not aected by sale)

HIGHLIGHTS

• High-yielding city centre investment opportunity.

• Excellent high-prole location on Smitheld Square

• Substantial commercial premises let on two separate leases

• Comprising of 3,179.2 sq.m. (34,221 sq.ft.) of gross ˆoor space over three ˆoors

• 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

Smitheld 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 o“ce 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 Line from 3 Arena to & has a stop at Smitheld. 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 routes also service the area.

DESCRIPTION

The subject property comprises a fully tted gym and leisure centre over double-basement and ground ˆoor.

The building is a steel-framed structure with a mix of glazed and stone-clad façade. Internal specications include; part timber-covered, part tiled, part carpeted covered concrete ˆoors, 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 ˆoor 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 M O O R S S E N TIF M O O R S S E N TIF AROLLA GYM UP YTUAEB PU F/C 3.35 h 1.68 CARDIO AREA A E R A M Y G / S S E N TIF 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 G NILIE C O T R O O L F 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 -2 LEVEL TO 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 STEPS DOWN STEPS TO LEVEL -2 LEVEL TO UP

STELIOT OFFICE ROOM

TELIOT UP SERVICE MOOR PMUP

LIFT ELBASID MOOR ELCYC CH1.32 DOWN TOILET ROOLF 6 8.2 G NILIE C O T 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 M O O R T N ALP T N E V F/C 2.41 ECIFFO 23.3 G NILIE C O T R O O L F BH 2.71 FLOOR TO CEILING 4.68

STORE W T H GIH m 05.2 LL A

OFFICE F/C 2.42 STORE DOWN

TNALPMOOR

UP 68.2 G NILIE C O T R O O L F 2 G58. NILIE C O T R O O LF UP MOOR PMUP 48.0+ R O O LF G NILIE58.2 C O T R O O LF REVO DIOV

LO O P G NIM MIW S A E R A G NIX O B LO O P G NIM MIW S INNER WALL 1.68 HIGH IZZUCAY

97.1+ R O O LF LOBBY

EROTSESB DUCT

YBBOL TIXE DOWN

48.2 C/F

DOWN 58.2 C/F STNEV/TNALP MOOR TNALP UP 64.2 G NILIE C O T R O O L F

UP S S E C C A D E TIMIL AREA 84.2 C/F A E R A E C A P S D A E H R E V O D E TIMIL NOMMOC 30.2 C/F MOOR TNALP 99.0 G NILIE C O T R O O L F NUORGREDNUD UP 57.2 G NILIE C O T R O O L F 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

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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

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National Coll aerG yle mes St t Ja Trinity College, St Institute ula of Art & Design Hi more Rd d gh St mot R Con Colbert Road Nass Dublin Macken St au St yfer r Ro Thomas St 's

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or r C Hospital n L Fitzwilliam Good Counsel Rd we Iveagh eeso de e North Terrace Square r m GAA Lo Gardens n Rd Aviva Stadium Coombe a Dolph S Women's C n S umbe vitt Road outh Circ PembrokeSt Upr Da Hospital tree Haddingto in SOLICITOR GUIDE VIEWINGEarlsfort Roa sil rland Rd rk er Hatch St Upper d Co t t Lower Wilton Park S B Stra Beauchamps nbras O ers in excess of €1.5 million Strictly by appointment with the sole agg u t Low la S Upp ot S nd Cla R s r R Fitzwilliam Place er t Marian College d t oad Riverside 2, Sir John Rogerson’s selling agents ad Adelaide Rd Dolphin' spil Ro Pe Barn S Harrington St Adelaide R mbroke Roa Quay, Dock, Dublin 2 th Circular Rd Char Me South Sou d d S oad Circular trand South C Rd le Brickfield Park ular R mon

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mmage R Sandford Park a Ki Old Belvedere F.C. Rugby HWBC T 353 1 77 50 500 School se Walkinstown Ro D Donnybrook R.F.C Club o S Muckross Park n Mount Argus 80 Harcourt Street, Dublin 2 E [email protected] PSRA: 002098 nyb Stadium tra St Louis High College Angle W Park School rook Road nd Rd D02 F449, Ireland W hwbc.ie S alkinstow e Sandford andford Walkinstown er Kimmag Parish Donnybrook Park Rd Low National ad ge Ro Lawn Tennis ilesbury Ro n A Kimma School A wer ad Club venue Rd Lo

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