K E NNE DY WILSON PRO UDLY PRE SENT S

16 2

RET A IL/REST A URANT INVESTMENT

FOR SALE BY PRIVATE TREATY / TENANT NOT AFFECTED 16 WESTMORELAND STREET, DUBLIN 2 INVESTMENT CONSIDERATIONS

The unit extends to Currently approximately producing

358 sq m €200,000 (3,851 sq ft) per annum Fast food restaurant let to Strategically laid out over with approximately 5.51 Herbel Restaurants (Ireland) three floors years remaining until a located close to Ltd, trading as KFC tenant break option Temple Bar

2 3 CENTRAL BAN LOCATION OF IRELAND The retail unit is positioned in a prime location between Dublin’s main high streets, O’Connell Street and making it a popular retail destination. TEMPLE BAR The area is excellently served by existing SQUARE public transport, with Westmoreland Street stop () positioned opposite the subject property and Tara Street Rail Station is situated within 450m. HAPENNY BRIDGE There are also numerous bus stops along Westmoreland Street serving local and national routes.

James Joyce Street Dominic

MARLBOROUGH ST

SEVILLE PLACE R

Mabbot Lane SHERIFF STREET LOWER O

O’Connell Foley Street Y

Upper Oriel Street Upper A Moore Lane GARDINER STREET LOWER HARBOURMASTER PLACE Connolly L SHERIFF STREET LOWER N TALBOT STREET C A Docklands EAST ROAD

THE N TALBOT STREET

W E SPIRE Busaras A L SHERRIFF STREET PARNELL STREET Henry Place O’CONNELL ST Marlborough S George's Dock Beresford Street HENRY STREET THE WESTIN DUBLIN Street BUSARAS Place Exchange Little Britain Street Commons 16 WESTMORELAND Liffey St Upper Prince's St North IFSC Mayor Square MAYOR ST UPPER JERVIS STREET MARY STREET STREET, DUBLIN 2 O’Connell Spencer Dock CAPEL STREET GPO CONVENTION Abbey CUSTOM HOUSE WESTMORELANDCENTRE DUBLIN St Michan's Street Arran Street Arran Street CUSTOM HOUSE QUAY STREET EDEN QUAY North Lotts Jervis Street R I V E R L I F F E Y NORTH WALL QUAY GEORGES QUAY GEORGES QUAY SAMUEL CASTLEFORBES ROAD Strand Street Great BACHELORS WALK Tara Street BECKETT BRIDGE Four Courts D’OLIER STREET Gloucester St South CITY QUAY ASTON QUAY TARA STREET Westmoreland TOWNESEND STREET MOSS STREET Windmill Lane FLEET STREET SIR JOHN ROGERSONS QUAY Anglesea Trinity LAZER LANE CREIGHTON STREET WESTMORELAND ST PEARSE STREET LIME STREET TEMPLE BAR SANDWITH STREET LOWER PARLIAMENT ST HANOVER STREET EAST St HORSE FAIR Cope Street FORBES ST OCONNELL

CARDIFF LANE ASGARD RD BRIDGE CHRISTCHURCH MISERY HILL

CATHEDRAL COLLEGE GREEN BENSON ST DAME STREET LOMBARD STREET EAST HANOVER QUAY Suffolk Street TRINITY Pearse Street ERNE ST LOWER G R A N D C A N A L D O C K COLLEGE Byrne's Lane EXCHEQUER STREET PEARSE STREET Pearse Square QUAY

SANDWITH ST UPPER ST SANDWITH GEORGES STREET NASSAU STREET Boyne Street

Ship Street Great PLACE RINGSEND ROAD Dawson LINCOLN Cumberland Street

FENIAN STREET Row Harmony Clarendon Street South William Street ERNE ST UPPER

GRAFTON STREET MOLESWORTH ST Denzille Ln

Bride Street Bride S DOCK STREET Golden 4Lane 5

Holles Row DAWSON STREET MERRION BARROW STREET

PATRICK STREET GORDON STREET HOLLES ST MACKEN STREET SQUARE GRAND CANAL QUAY KILDARE STREET FENIAN STREET Grand Canal Dock Peter Street St Stephen’s Green

ST PATRICS AUNGIER STREET MOUNT STREETGRATTAN LOWER STREET CATHEDRAL York Street Upper

FITZWILLIAM LANE KEVIN STREET S LOTTS ROAD ST STEPHEN’S MERRION STREET UPPER LOVE LANE L BAGGOT STREET LOWER Stephen's Place MercerStreet GREEN Hume Street A N

New Bride Street MOUNT STREET UPPER A CUFFE STREET C

D N Ely Place A R

Jame’s Street East G

Pembroke Lane FITZWILLIAM STREET UPPER Camden Row BAGGOT STREET LOWER Long Lane Leeson Lane PEMBROKE ST LOWER

NORTHUMBERLAND RD

HARCOURT ST THE NATIONAL Herbert Street HERBERT PLACE PERCY PLACE LEESON STREET FITZWILLIAM Heytesbury Street CONCERT SQUARE HADDINGTON ROAD Pleasants Street Haddington Place IVEAGH HALL Pembroke Row GARDENS Lad Lane

Grantham Street HATCH STREET St Mary's Road

Harcourt FITZWILLIAM PLACE WILTON TERRACE MESPIL ROAD TENANCY

The entire (basement, ground and first floor space) is let to Herbel Restaurants (Ireland) Ltd on a 20 year lease from 16th October 2013 with a break option in year 10.

The passing rent is €200,000 per annum with 5 yearly upward and downward rent reviews.

Herbel Restaurants is a company which operates a number of KFC franchises across Ireland.

DESCRIPTION ACCOMODATION

The property comprises a retail unit with fast-food take-away The subject property is laid out over basement, ground and FLOOR USE SQ M SQ FT use and has excellent profile on Westmoreland Street. The first floor. The ground floor comprises restaurant seating, Basement Storage 139.8 1,505 unit forms part of a larger block, with apartments on the upper serving counter and kitchen to the rear. The basement Ground Retail 158.4 1,704 floors, which for the avoidance of doubt do not form part of provides customer toilets and storage. The first floor is in use First Storage 59.6 642 this sale. as storage and staff facilities. Total Area 357.8 3,851

Areas provided are NIA and were measured by CBRE Limited. An assignable measured survey is available in the data site.

6 7 CONTACT & FURTHER INFORMATION

GUIDE PRICE BER In excess of €3,000,000 (subject to contract) As the property is a protected structure, it is exempt from BER assessment DATA SITE www.savills.com/16westmorelandstreet TENURE We understand the property is held Freehold VIEWINGS All viewings are strictly by appointment through the sole selling agent

SELLING AGENT SOLICITORS

SAVILLS 33 Molesworth Street Dublin 2 PSRA: 002233 WILLIAM FRY www.savills.ie 2 Grand Canal Square Dublin 2

MARGUERITE BOYLE DESSIE KILKENNY KAREN SHEIL ANNE DOYLE T +353 1 618 1334 T +353 1 618 1401 T +353 1 639 5338 T +353 1 489 6427 [email protected] [email protected] [email protected] [email protected]

Savills Ireland and the Vendors/Lessors give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure, intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact, but must satisfy themselves as to the accuracy of details given to them. Neither Savills Ireland nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property, and neither Savills Ireland nor any of its employees nor the vendors or lessors shall be liable for any loss suffered by an intending purchaser/Lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. This brochure is issued by Savills Ireland on the understanding that any negotiations relating to the property are conducted through them. All maps produced by permission of the Ordnance Survey Ireland Licence.