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No. 15 Barrow Street Dublin 4

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No. 15 Barrow Street Dublin 4 EXCELLENT INVESTMENT OPPORTUNITY WITH POTENTIAL FOR DEVELOPMENT (S.P.P) NO. 15 BARROW STREET DUBLIN 4 FOR SALE BY PRIVATE TREATY ACCENTURE GOOGLE NO. 15 BARROW STREET, DUBLIN 4 EXECUTIVE SUMMARY › Represents a fantastic opportunity to acquire an investment property with huge potential for DOCK MILL redevelopment (S.P.P) › Excellently located in Dublin’s dockland which is firmly established as Dublin’s most innovative financial, legal and technological centre, hosting a number of MASON HAYES CURRAN national and international companies. › The subject property’s redevelopment potential is further enhanced by being located directly opposite Bolands Mill, which has recently been granted FPP for a large mixed use scheme. NO. 15 BARROW STREET › The property sits on approximately 0.09 ha (0.23 acres) BOLANDS MILL and comprises a part two storey building which extends to net internal area of approx. 1,060 sq. m. (11,410 sq. ft.) › Dublin Sanitary Disposals Ltd currently occupies this property on a two year lease at rent of €100,000 per annum with a mutual break option after 12 months. This lease commences from the date of closing of the sale of the property. › The trade of Dublin Sanitary Disposals Limited is being offered for sale separately through Crowe Horwath. › Zoned Objective Z1 (Residential) under the Dublin City Development Plan 2011 - 2017 › Outstanding amenities in the vicinity including hotels, leisure facilities, parks, restaurants and shopping centres. Parnell CONNOLLY STATION Dominic GARDINER ST LOWER O’Connel HarbourMaster Place MARLBOROUGH ST Seville Place Upper R O CONNOLLY Y DOCKLANDS PARNELL STREET A STATION L BUSARAS C A Sherriff Street N O’CONNELL ST A L Marlb orough Mayor St Lower BUSARAS SPENCER ABBEY Mayor St Upper DOCK STREET O’Connel IFSC MAYOR SQUARE LOCATION Capel Street GPO CONVENTION CUSTOM HOUSE QUAY CENTRE DUBLIN POINT VILLAGE EDEN QUAY DUBLIN BIKES NORTH WALL QUAY DUBLIN Castleforbes Road JERVIS STREET RIVER LIFFEY EAST WALL ROAD PORT GEORGES QUAY TARA GEORGES QUAY SAMUEL DUBLIN BIKES 3 ARENA The subject property occupies a convenient and prominent STREET BECKETT BACHELORS WALK D’OLIER STREET BRIDGE FOUR COURTS CITY QUAY position on Barrow Street close to its junction with South Dock ASTON QUAY TARA STREET MOSS STREET Westmoreland SIR JOHN ROGERSONS QUAY Street, located approximately 1 kilometre southeast Townesend Street Fleet Street Lazer Lane SANDWITH STREETCreighton LOWER Street PEARSE STREET Lime Street WESTMORELAND ST of Dublin City Centre. This is a sought-after location and is Parliament St HANOVER STREET EAST TEMPLE BAR MARKER HOTEL Cardiff Lane Horse Fair Lombard Street East MISERY HILL Forbes Street Green St East also close to a host of other amenities such as schools Asgard Road YORK ROAD DAME STREET HANOVER QUAY BORD GAIS and parks as well as a mix of mature housing estates and TRINITY ENERGY THEATRE COLLEGE Erne St Lower GRAND CANAL DOCK modern new build developments. Exchequer Street SANDWITH ST UPPER DUBLIN PEARSE STREET PEARSE BIKES STREET NASSAU STREET Barrow Street has recently undergone extensive redevelopment and uses in the area GEORGES STREET RINGSEND ROAD include residential, retail, and office. The Grand Canal Dock Dart Station is located on PLACE Dawson LINCOLN Erne St Upper FENIAN STREET BRIDGE ROAD BOLANDS Barrow Street within easy walking distance of the subject property. Gordon Street is a GRAND CANAL QUAY NO. 15 GRAFTON STREET MILL Molesworth one way street and buildings on the street are primarily single storey terraced residences. BARROW STREET Street Macken Street The buildings adjacent to the subject property on both Barrow Street and Gordon Street MASON HAYES CURRAN RIVER DODDER DAWSON STREET Holles St PATRICK STREET MERRION GRAND are in residential use and are located in a Residential Conservation Area. Kildare Street FENIAN STREET SQUARE CANAL DOCK GOOGLE Merrion Street Upper The property is located minutes from the thriving city centre and is well served by all Barrow Street MOUNT STREETGrattan Street LOWER STEPHEN’S GREEN ACCENTURE S Lotts Road forms of public transport, with Grand Canal Dock Dart station within minutes’ walk. Fitzwilliam Lane BAGGOT STREET LOWER ST Love Lane In July 2015 plans for the €150 million redevelopment of the historic Boland’s Mill site STEPHEN’S GREEN Mount Street Upper in Dublin’s docklands, including the construction of a 15-storey apartment block, CUFFE STREET CANAL BATH AVENUE was approved by Dublin City Council. The Nama-backed development involves the GRAND construction of three new office and residential blocks and the restoration of the five BAGGOT STREET LOWER original, but now derelict, mill buildings. Boland’s Mill is located on the Grand Canal Dock NORTHUMBERLAND RD AVIVA STADIUM HARCOURT ST Fitzwilliam Street Upper on Ringsend Road between the inner basin of Grand Canal Dock and Barrow Street. THE Percy Place LEESON ST Herbert Place NATIONAL Pembroke Street Lower CONCERT HADDINGTON ROAD HALL LANDSDOWNE ROAD Wilton Terrace View from Barrow Street MESPIL ROAD DESCRIPTION South Circular Road The subject property comprises of a part two storey building on a site of approx. 0.09 hectares (0.23 acres). Dublin Sanitary Disposals Ltd currently occupies the approximately 11,410 sq. ft. (NIA) building on a two year lease at an annual rent of €100,000 with a mutual break option after 12 FIRST FLOOR PLAN months. The lease will commence from the date of closing of the sale of the property. The site is rectangular in shape and benefits from frontage of 17.5m to Barrow Street. The property also benefits from proximity to Dublin South Docks and an an abundance of local amenities. GROUND FLOOR PLAN NO. 15 BARROW STREET USES THAT ARE PERMITTED IN PRINCIPLE WITHIN ZONING THIS ZONING OBJECTIVE ARE: The subject property is located > Buildings For The Health > Halting Site in an area zoned objective ‘Z1’, > Safety & Welfare of The Public > Homebased Economic Activity which is to “protect, provide and > Childcare Facility > Medical & Related Consultants improve residential amenities” > Community Facility > Open Space under the Dublin City Development > Cultural/Recreational > Park & Ride Facility Plan 2011 – 2017. Building & Uses > Place of Public Worship > Education > Public Service Installation > Embassy Residential > Residential > Enterprise Centre > Shop (Local) & Training Centre. The subject property sits just outside the ‘North Lotts & Grand Canal Dock SDZ Planning Scheme’ which was adopted on 16th May 2014 by An Bord Pleanala. Extract from Dublin City Development Plan 2011 - 2017 1. PLANNING REFERENCE 1358/99 (PL29S.112198) TOWN PLANNING This permission is for the replacement of the existing warehouse and office building with a mixed OPPORTUNITIES development comprising of 8 no. 2 and 3 storey mews houses, 600 sq. m. of light industrial/general media use and associated site works with vehicular access off Barrow Street. This permission was The subject property benefits granted in January 2000; however it was never constructed and has since lapsed. The purchaser of the subject property has the unique from a number of historic planning opportunity to either continue the current use that is 2. PLANNING REFERENCE 0296/09 within the existing building or to redevelop the site. permissions. See right for a The property is suitable for a variety of uses as per broad breakdown of the various This permission was for the Exemption Certificate for the current use as ‘light industrial’. The Planning the aforementioned zoning objective (subject to the permissions. Authority hereby determines that the use of the subject premises at Barrow Street, for “light industrial” necessary planning consent). Both the surrounding use by Dublin Sanitary Disposals Limited (i.e., as a facility for the reception, maintenance, washing street-scape and the previous planning consent no cleaning and storage of small sanitary waste containers/bins and the collection of waste from these doubt set a good precedent for the redevelopment All relevant planning information and history on this bins by licensed operators) comes within the definition of “industrial process”, as set out in Article 8 of potential of the site. site should be reviewed by interested parties on the Planning and Development Regulations 2001 (as amended) comes within the definition construed as Dublin City Council’s website. Furthermore, the property lends itself to potentially light industrial, pursuant to the interpretation of “light industrial building” in Article 8 of the Planning and a “trendy” warehouse open space office, studio use, Development Regulations 2001 (as amended), and subject to the stated history of uses on this site as a stylish gymnasium or fitness centre (subject to the stated by DSD Limited being correct, the original use on this site can be classified as “light industrial” and necessary planning permission). since it commenced prior to the implementation of the Local Government (Planning and Development) Act, 1963, it does not require planning permission. As the uses on this site have continued to be “light industrial” and it has been stated that no intensification of use has occurred the current use would not constitute development and is consequently compliant with planning. T CONTACTS & FURTHER INFORMATION SERVICES Interested parties are requested to satisfy themselves on BER DETAILS the availability and adequacy of all services. BER Number: 800425555 TITLE We have been advised that the property is held freehold. Full details on title can be made available by the Vendor
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