Viscount COLLECTION - FITZWILLIAM19 STREET17 UPPER
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The Viscount COLLECTION - FITZWILLIAM19 STREET17 UPPER FOR SALE PRIME GEORGIAN MIXED-USE INVESTMENT OPPORTUNITY Conditions to be noted: A full copy of our general brochure conditions can be viewed on our website at http://www.cushmanwakefield.ie/en-gb/terms-of-use or can be requested from your local Cushman & Wakefield office. We strongly recommend that you familiarise yourself with these general conditions. PSRA Registration Number: 002222. The Viscount COLLECTION 19-17 FITZWILLIAM STREET UPPER PROPERTY OVERVIEW MARLBOROUGH S 2 GARDINER ST LOWER 3.1 T CONNOLLY STATION 5 Prime Georgian mixed use Situated in Mix of office, medical Commercial WAULT of O'C ONNELL STREET T ELL S investment opportunity the heart of Georgian and residential use 1.9 years to break and RN 3 AMIENS STREET PA 6 BUS Dublin throughout extending to 2.1 years to expiry (as at STATION LUAS LUAS approx. 870.8 sq m 14/09/2018) OAD Y STREET HENR (9,374 sq ft) CUSTOM R ALL R LOWE HOUSE GUILD STREET CAPEL STREET ABBEY ST Y STREET MAR CUSTOM HOUSE QUAY E EAST W 3 ABBEY ST MIDDL AY Arena 1 EDEN QU R I V E R L I F F E Y GEORGE'S QUAY T AY STREET ARA CITY QUA Y ABBEY ST UPPER4 BURGH QU TARA STREET WALK FEY STATION HELORS D'OLIER S SIR JOHN ROGERSON’S QU BAC AY R I V E R L I F AY SIR JOHN ROGERSON’S QU ON QU AST T AY Y LOWER ORMOND QUA TOWNSEND STREET R i v e r L if f e y R i v e r L i AY f f e y AY ON QU INN'S QU ORMOND QU WELLINGT Total passing rent Long Leasehold Available individually Offers soughtAY in excess of PEARSE STREET AY ESSEX QU MERCHAN TS QU AY AY WOOD QU of €331,400 per annum Title or as part of €5,150,000 reflecting a Net BENSON STREET HANOVER QU BORD GÁIS AY from 10 tenancies a portfolio Initial Yield of 6.20% after PEARSE STREET THEATRE T TRINITY C G R A N D DAME S AY the deduction of standard OLLEGE C A N A L acquisition costs of 8.46% DUBLIN PEARSE STREET GRAND CANAL QU ESTATE STATION PEARSE STREET CKEN STREET MA FENIAN S T FRANCES STREET SOUTH DOCK STREET PARK A GREAT LOCATION T ON STREET MERRION SQU Shelbourne Park Greyhound GRAFT SON STREET LOWER GRAND CANAL TRICK STREE TRICK Stadium ARE DAW ARROW STREET PA MERRION SQUARE N B ARE STREET KILD LOWER MOUNT S ST GRAND CANAL DOCK STATION ST STEPHENS GREEN NORTH MERRI ON SQUARE S T. MERRION ST UPR AUNGIER STREET LUAS ST STEPHEN’S BAG GOT STREET GREEN T BATH AVENUE TRIT CUFFE ST ST STEPHENS GREEN SOUTH ONVILLE R CAMDEN ST L CE OAD LWR B ST STEPHENS GREEN EAS AGGO SHELBOURNE R HERBERT PLA WR T S AVIVA T. STADIUM IVEA LEESON STREET LO OAD HARC GH ON R GARDENS FITZ WILLIAM HADDINGT OAD OURT S SQUARE T T LANSDOWNE ROAD 19-17 WER FITZWILLIAM STREET UPPER STATION HATCH ST CAMDEN ST UPR CE CLANBRASSIL S TON TERRA WIL OAD PEMBROKE R MESPIL R OAD ADELAIDE RD R ROAD CIRCULA SOUTH CHARLEMONT RD LUAS ARADE GRAND P SUSSEX RO AD CANAL RD SANDYMOUNT VE RD GRO STATION HERBER PARK T TRANS- Bus Routes Luas Lines Train Sta- Dublin BikeTaxi Ranks MARLBOROUGH S 2 GARDINER ST LOWER T CONNOLLY STATION 5 O'C ONNELL STREET T ELL S RN 3 AMIENS STREET PA 6 BUS STATION LUAS LUAS OAD Y STREET HENR CUSTOM R ALL R LOWE HOUSE GUILD STREET CAPEL STREET ABBEY ST Y STREET MAR CUSTOM HOUSE QUAY E EAST W 3 ABBEY ST MIDDL AY Arena 1 EDEN QU R I V E R L I F F E Y GEORGE'S QUAY T AY STREET ARA CITY QUA Y ABBEY ST UPPER4 BURGH QU TARA STREET ALK FEY STATION HELORS W D'OLIER S SIR JOHN ROGERSON’S QU LOCATIONBAC AY R I V E R L I F AY SIR JOHN ROGERSON’S QU ON QU AST T AY Y LOWER ORMOND QUA 17-19 Fitzwilliam StreetTO WNSEND STREETThere is an abundance of The area is well serviced in terms of public transport R i v e r L if f e y R i v e r L i AY f f e y AY ON QU INN'S QU ORMOND QU WELLINGT Upper is well located services and amenities within links. Charlemont LUAS stop (green line) is situated AY PEARSE STREET AY ESSEX QU MERCHAN within the heart of the immediate vicinity including 0.65 km to the south west of the property and Pearse TS QU AY AY WOOD QU HANOVER QU BENSON STREET Georgian Dublin. The restaurants, cafes, banks and Street DART stationBORD GÁIS is approximatelyAY 1.2 km to the north PEARSE STREET THEATRE T TRINITY C G R A N D DAME S shops as well as the Burlington, east. Numerous DublinAY Bus routes service the area and property is situated OLLEGE C A N A L approx. 100 m southeast Mespil and Merrion hotels. the 24 hour air coach to and from Dublin Airport has DUBLIN of St. Stephen’s Green Nearby occupiers includePEARSE STREET a number of stops inGRAND CANAL QU the immediate vicinity. A Dublin ESTATE STATION PEARSE STREET and adjacent to LinkedIn, The IDA and the Bike dockingCKEN STREET station is located on Fitzwilliam Square, MA Fitzwilliam Square. Australian Embassy.FENIAN S approximately two minutes’ walk from the property. T FRANCES STREET SOUTH DOCK STREET PARK A GREAT LOCATION T ON STREET MERRION SQU Shelbourne Park Greyhound GRAFT SON STREET LOWER GRAND CANAL S TRICK STREE TRICK Stadium ARE DAW ARROW STREET PA MERRION SQUARE N B ARE STREET KILD LOWER MOUNT S T GRAND CANAL DOCK STATION ST STEPHENS GREEN NORTH MERRI ON SQUARE S T. MERRION ST UPR AUNGIER STREET LUAS ST STEPHEN’S BAG GOT STREET GREEN T BATH AVENUE TRIT CUFFE ST ST STEPHENS GREEN SOUTH ONVILLE R CAMDEN ST L CE OAD LWR B ST STEPHENS GREEN EAS 19-17 FITZWILLIAM STREET UPPER AGGO SHELBOURNE R HERBERT PLA WR T S AVIVA T. STADIUM IVEA LEESON STREET LO OAD HARC GH ON R GARDENS FITZ WILLIAM HADDINGT OAD OURT S SQUARE T T WER LANSDOWNE ROAD STATION HATCH ST CAMDEN ST UPR CE CLANBRASSIL S TON TERRA WIL OAD PEMBROKE R MESPIL R OAD ADELAIDE RD R ROAD CIRCULA SOUTH CHARLEMONT RD LUAS ARADE GRAND P SUSSEX RO AD CANAL RD SANDYMOUNT VE RD GRO STATION HERBER PARK T TRANS- Bus Routes Luas Lines Train Sta- Dublin BikeTaxi Ranks THE PROPERTY SCHEDULE OF ACCOMMODATION 17-19 UPPER FITZWILLIAM STREET COMPRISES 17 FITZWILLIAM STREET UPPER THREE INTERLINKED FOUR STOREY OVER Floor Sq M Sq Ft BASEMENT GEORGIAN BUILDINGS EXTENDING Basement XXX X,XXX TO A TOTAL NET INTERNAL AREA OF Ground XXX X,XXX APPROXIMATELY 870.8 SQ M (9,374 SQ FT). First XXX X,XXX Second XXX X,XXX The property is currently arranged to provide medical/dentistry use Third XXX X,XXX Total XXX X,XXX at basement level, dentist surgery (cont.) and office accommodation at ground and first floors and six residential units located across the 18 FITZWILLIAM STREET UPPER second and third floors. Internally, the property is in good condition Floor Sq M Sq Ft throughout and retains a number of period features including sash Basement XXX X,XXX windows, coving and cornicing. Ground XXX X,XXX First XXX X,XXX The property features prominently on Fitzwilliam Street with frontage Second XXX X,XXX of approx. 22 metres to same. Primary access to the property is via Third XXX X,XXX Fitzwilliam Street with separate access provided at basement level Total XXX X,XXX while there is also a separate access to the rear of the property via Pembroke Lane. 19 FITZWILLIAM STREET UPPER Floor Sq M Sq Ft Basement XXX X,XXX Ground XXX X,XXX First XXX X,XXX Second XXX X,XXX Third XXX X,XXX Total XXX X,XXX Any intending purchaser will need to satisfy themselves at to the exact floor areas. TENANCY The below tenancy schedule provides a summary of existing tenancies within the building. Sq. M Sq Ft Lease Passing Rent Tenant (NIA) (NIA) Start Date Term Lease Expiry (pa) Comments Paul McEvoy 186.36 2006 01-Jan-11 10 years 31-Dec-20 € 40,200.00 Offices Basement Unit 101.91 1097 04-Apr-11 12 years 03-Apr-23 € 10,700.00 Offices Regency Estate Agency 159.33 1715 01-Nov-14 5years 31-Nov-20 € 40,000.00 Offices Genesis Homes 90.86 978 08-May-14 5 years Jan-18 € 22,000.00 Offices Apartment 4 69.31 746 26-Jan-15 12 months 25-Jan-16 € 27,600.00 Residential Apartment 5 91.97 990 10-Oct-15 6 Months 10-Mar-16 € 21,600.00 Residential Apartment 6 41.25 444 29-Oct-16 12 months 28-Oct-17 € 16,800.00 Residential Apartment 9 27.22 293 01-Jan-14 12 months 31-Dec-14 € 7,800.00 Residential Apartment 7 37.35 402 11-Aug-17 12 months 10-Aug-18 € 18,600.00 Residential Apartment 8 65.31 703 13th June 16 12 Months 12th June 17 € 22,200.00 Residential Total 870.80 9,374 €227,500 TENURE PLANNING AND ZONING Long Leasehold. The subject property is zoned Objective Z8 Georgian Conservation Areas which is defined Further information as ‘‘to protect the existing architectural and civic design character, and to allow only Conditions to be noted: A full copy of our general brochure conditions can be viewed on our available on request.