14–15 Sir John Rogerson's Quay, Dublin 2
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14– 15 SIR JOHN ROGERSON'S QUAY, DUBLIN 2 Contents EXECUTIVE SUMMARY .............................2 THE LOCATION ........................................4 Columbia Mills, YOUR NEIGHBOURS .................................9 14-15 Sir John Rogerson’s Quay THE PROPERTY ........................................11 represents a rare opportunity to purchase a vacant office building THE HISTORY ...........................................16 in a prime riverfront CROSS SECTIONS .....................................17 CBD location. FLOOR PLANS ..........................................18 ACCOMMODATION ...................................19 FURTHER INFORMATION ..........................20 CONTACTS ...............................................20 EXECUTIVE SUMMARY EXCELLENT PUBLIC TRANSPORT LINKS PEARSE STREET DART STATION SPENCER DOCK LUAS STOP 600M OR 6 MIN WALK 750M OR 8 MIN WALK DUBLIN BIKE SCHEME DOCKLANDS TRAIN STATION 70M OR 1 MIN WALK 800M OR 8 MIN WALK HIGH-PROFILE RIVERFRONT OFFICE BUILDING IN DUBLIN’S SOUTH DOCKLANDS STRONG MARKET FUNDAMENTALS UNIQUE 3 STOREY CONVERTED WAREHOUSE EXTENDING TO 780 SQ M (8,401 SQ FT) NIA TAKE-UP 2,820,000 SQ FT PRIME OFFICE RENT IN LAST 12 MONTHS €65 PER SQ FT WITH BUMPER YEAR EXPECTED GROWTH EXPECTED FOR OFFICES IN 2018 IN 2018 & 2019 RARE OPPORTUNITY WITH SUBSTANTIAL REFURBISHMENT/REDEVELOPMENT POTENTIAL DUBLIN CBD NET OCCUPIER DEMAND VACANCY RATE 5.9% 4,700,000 SQ FT BENEFIT OF 3 STOREY (LOWEST LEVEL SINCE 2000) (MAJORITY FOCUSED ON CBD) VACANT POSSESSION OVER BASEMENT 2 3 N Connolly PORT The LocationW E TUNNEL Connolly S O’Connell Upper Columbia Mills boasts unrivalled accessibility to Dockands Marlborough Busáras the north and south dockland areas with the S H E R I F F S T R E E T U P P E R property occupying a prime position fronting on P A R N E L L S T George's Dock Mayor Square POINT to the River Liffey. Abbey THE Street Spencer Dock VILLAGE O'CONNELL ST CUSTOM O’Connell GPO IFSC The South Docks is at the heart of Dublin’sSMITHFIELD very HOUSE CONVENTION own smart city; an initiative by Dublin City Council C A P E L S T CENTRE The Point DUBLIN to engage with smart technology providers, PORT Smithfield Jervis S A M U E L researchers and citizens to solve challenges and B E C K E T T 3 ARENA improve city life. Tara Street C I T Y Q U A Y B R I D G E Four Courts RIVER LIFFEY Offering peerless connectivity with the city around Westmoreand it, SJRQ benefits from all major public transport SIR JOHN ROGERSON'S QUAY Trinity links with DART and LUAS lines, numerous bus TEMPLE routes and bike stations. BORD GÁIS BAR ENERGY THEATRE CHRIST CHURCH CATHEDRAL Over 40,000 people work in this thriving business TRINITY GRAND CANAL DOCK D A M E S T COLLEGE district and up to 26,000 residents. It is also home P E A R S E S T DUBLIN Pearse to many of the world’s leading global technology CASTLE companies, who are ready and eager to make use of RINGSEND a world-class testbed in their backyard. RINGSEND RD THE Dawson COOMBE G R A F T O N S T RINGSEND GRAND CANAL ST LOWER ST PATRICK’S PARK CATHEDRAL K I L D A R E S T MERRION Grand Canal Dock SQUARE St.Stephen's Green MOUNT ST LOWER H E Y ST STEPHEN'S BAGGOT ST LOWER T E S B U R Y S T GREEN GRAND B A T H A V E MERRION SQUARE CANAL B E A C H R D NORTHUMBERLAND RD FITZWILLIAM IVEAGH SQUARE AVIVA GARDENS THE NATIONAL STADIUM CONCERT HALL HADDINGTON RD HEYTESBURY ST P A T R I C K S T FITZWILLIAM PL D Lansdowne Road R Harcourt DART E L L I DUBLIN BAY PEMBROKE RD LUAS GREEN LINE V N M E S P I L R D O T LUAS RED LINE I R T DUBLIN BIKES SANDYMOUNT SHELBOURNE RD AIRCOACH GRAND PARADE Charlemont 4 5 RANELAGH BALLSBRIDGE HAROLD’S CROSS A P P I A N W A Y Raneagh MERRION ROAD SANDFORD RD RATHMINES RD LOWER CHARLESTON RD HERBERT PARK RATHMINES Beechwood Sydney Parade DONNYBROOK AILESBURY RD KENILWORTH E G L I N T O N R D MILLTOWN PARK Cowper B E A V E R R O W R A T H G A R R D ELM PARK GOLF & SPORTS CLUB HIGHFIELD RD TERENURE RD CLONSKEAGH W O O D B I N E R D DARTRY Milltown MILLTOWN RD ST HELENS Some key amenities in the immediate area include The Convention Centre Dublin, an array of hotels, The 3Arena, The Bord Gáis Theatre, National College of Ireland and a variety of cafe's, restaurants and pubs. Your Neighbours 1 2 12 1. JP MORGAN 3 9 10 4 2. INDEED 5 3. STATE STREET 11 6 8 4. SPACES 7 5. MATHESON 13 6. SEB LIFE/LOGME IN/RALPH LAUREN 16 7. TRIP ADVISOR 14 8. AWAS AVIATION 18 9. ACCENTURE 17 15 10. AIR BNB 11. APTIV 12. GOOGLE 19 13. ANCESTRY.COM 14. BEAUCHAMPS / BNY MELLON 20 15. MCCANN FITZGERALD 16. MARKER HOTEL 31 17. FACEBOOK 32 21 23 18. WILLIAM FRY 30 22 19. KENNEDY WILSON 20. THREE 25 27 21. BLOOMBERG 26 22. CORE MEDIA 24 28 23. COLUMBIA MILLS 24. PUBLICIS 25. ICONIC OFFICES 26. RIOT GAMES 27. AUTODESK 29 28. INFORMATICA 29. CITI 30. A & L GOODBODY 31. AIG 32. HUBSPOT 8 9 The Property Columbia Mills comes to the market for sale with the benefit of full vacant possession offering investors/occupiers the opportunity to acquire a prime asset in the heart of the South Docklands and CBD area. With exposed steel roof beams and distinctive features, it is one of the few remaining buildings in south Docklands which retains its warehousing façade from the nineteenth century. While elements such as this façade are protected, the building has potential for redevelopment (subject to PP). The building extends to 780 sq m (8,401 sq ft) NIA in total, including a basement and mezzanine floor. It is truly unique with exposed brick and steelwork throughout and provides for an expansive sense of space with higher than standard floor to ceiling heights. One of the attractions of the current property is its views over the River Liffey in an area where canoes, kayaks, rowing clubs, the tourist attractions, such as The Famine Statues, The Spirit of Docklands ferry, The Jeannie Johnson tall ship, The National Conference Centre and CHQ as well as the attractively laid out campshires, make the surrounding area one of the more vibrant stretches of the river. The abundance of amenities at this accessible address is the reason why companies like Facebook, Tripadvisor, Riot Games, Core Media, Autodesk, Aptiv, Hubspot, Google, Twitter and Informatica have chosen this dynamic smart quarter of Dublin’s central business district. 10 11 A prime asset in the heart of the South Docklands and CBD area with excellent development potential. (Subject to PP) 12 13 Mezzanine Floor Feature Stairwell Generous Floor to Ceiling Heights 14 15 Cross Sections The History 14-15 Sir John Rogerson’s Quay has a colourful RIDGE + 17.69M history. It once featured in a Roddy Doyle inspired film called ‘The Commitments’ about a Dublin soul music band, providing the location for the last LEVEL 03 +14.50M pub scenes in the then “Columbia Mills” bar. At one stage in the 1990’s the office space was LEVEL 02 +11.79M partially occupied by Clannad Music. It was located just a few minutes walk from music recording venues such as Wind Mill Lane Studios and Lombard Studios. LEVEL 01 +7.31M Before the turn of the Millennium it became synonymous with an alternative Dublin music and dance scene. Young people at that time referred to Columbia Mills as a landmark in order to explain LEVEL 00 +3.79M they were visiting this section of Sir John Rogerson's Quay which is closest to the city centre. LEVEL - 01 +0.79M LEVEL 03 3.16m LEVEL 02 2.48m LEVEL 01 4.33m LEVEL 00 3.23m LEVEL - 01 2.62m 16 17 Floor Plans Basement Second Floor 144.5 SQ M / 1,556 SQ FT 193.3 SQ M /2,081 SQ FT Ground Floor Mezzanine 187.5 SQ M / 2,018 SQ FT 69.0 SQ M / 743 SQ FT Accommodation FLOOR SQ M (NIA) SQ FT (NIA) Basement 144.5 1,556 First Floor Ground Floor 187.5 2,018 186.1 SQ M / 2,003 SQ FT First Floor 186.1 2,003 Second Floor 193.3 2,081 Mezzanine Floor 69.0 743 Total Area 780.4 8,401 The floor areas listed are approximate and interested parties should measure and satisfy themselves in relation to all building measurements. 18 19 Further Information Tenure Viewings The property has the benefit of freehold title. Viewings of the property are strictly Further title information for the property is by appointment, please contact the available in the dataroom. The property is being sole selling agents to arrange a viewing sold with the benefit of full vacant possession. of the site. Business Rates BER The 2018 rateable Value for the property BER Exempt is €108,220 and the rates payable for 2018 are €27,920.76. Further Information Method of Sale Further information including technical and legal documentation is available at: The property will be sold by way of Private www.columbiamillsdublin.com Treaty. Offers are sought for the freehold interest. VAT The property is elected for VAT. Contacts 164 Shebourne Road, Karl Byrne Aisling Tannam Ballsbridge, Dublin 4 +353 (0) 1 639 9300 (01) 639 9378 (01) 639 9208 cushmanwakefield.ie [email protected] [email protected] PSRA No: 002222 Disclaimer A full copy of our general brochure conditions can be viewed on our website at http://www.cushmanwakefield.ie/terms, or can be requested from your local Cushman & Wakefield office.