UNIT 3, THE PARNELL CENTRE 198 - 200 Parnell Street, 1

For Sale By Private Treaty - Tenants Not Affected Investment Considerations • City centre restaurant investment • Extending to approximately 239 Sq. m DIT Grangegorman (2,573 Sq. ft) • Let to Eddie Rockets Ltd t/a Eddie Rockets • 35 year lease from November 1996 (Expiry 2031) • Current rent of €100,000 per annum Rotunda Hospital DIT Bolton Street • High level of passing trade and footfall • NIY 7.5%

The Property Location Ilac Shopping Centre

O’ Connell Street Dublin 1 forms part of the north city centre core and is one the busiest shopping and tourism areas within Dublin. Parnell Street is well positioned adjacent to Jervis Street, Mary Street and O’Connell Street. The subject Mary Street property is situated to the northern side of Henry Street Parnell Street close to its junction with Ryder Row and Kings Inn Street. The locality benefits Jervis Shopping Centre from a number of international hotels with The

Maldron Hotel, Jury’s Inn, and The Gresham N.B. For identification purposes only. Not to scale. Hotel all within a short walk from the property. Other local attractions include the GPO, The Gate Theatre and the Spire.

Surrounding occupiers include Cineworld, Penneys, Smyths Toystore, Aldi and Euro Giant and as such the subject property benefits from a high level of passing footfall. In addition, the subject property benefits from direct access from the Parnell Centre as well as from Parnell Street.

UNIT 3, THE PARNELL CENTRE 198 - 200 PARNELL STREET, DUBLIN 1 Transport The area is well served by public transport facilities with the Luas being accessible at Abbey Street, the DART at Connolly Station and Tara Street, and numerous Dublin Bus routes.

Irish Rail & Dart – 15 mins walk Taxi Services – On your doorstep Aircoach – 8 mins walk Port Tunnel – 20 mins drive Luas – 18 mins walk Luas Red Line – 5 mins walk Dublin Bus – 5 mins walk Dublin Bikes – 3 mins walk

Description The property is arranged over ground and first floors and extends to approximately 239 Sq. m (2,573 Sq. ft). The unit benefits from dual frontage with access from Parnell Street and inside the Parnell Centre. Internally the ground floor provides a customer eating area, preparation area, kitchen and toilets. The first floor provides an office, staff room, toilets and a plant room.

Tenancy The property is let to Eddie Rockets Ireland Ltd t/a Eddie Rockets for a term of 35 years from November 1996 at a rent of €100,000 per annum (exclusive of rates). The lease provides for rent reviews every fifth year and contains internal repairing and insuring covenants.

UNIT 3, THE PARNELL CENTRE 198 - 200 PARNELL STREET, DUBLIN 1 Title Solicitors Long Leasehold Arthur Cox Earlsfort Centre Earlsfort Terrace Dublin 2 VAT Contact: Deirdre Durkan Any VAT arising from the sale will be a matter for the purchaser. QRE Contacts Rates Approximately €12,177.60 p.a. Ellen Prenderville MRICS MSCSI Senior Surveyor

T: +353 (0) 1 637 5555 BER E: [email protected]

C2 Bryan Garry MRICS MSCSI BER Rating: Associate Director BER Number: 800525420 Energy Performance Indicator: 700.7 T: +353 (0) 1 637 5555 kWh/m²/yr1.17 E: [email protected]

Viewing Conor Whelan MRICS MSCSI Viewings are strictly by appointment Director through the sole selling agent QRE. T: +353 (0) 1 637 5555 E: [email protected]

Guide Price €1,275,000 Website (NIY 7.5%) qre.ie

PSRA Registration No. 003587 The agents on their own behalf and on behalf of the vendor/lessor of this property, give notice that: (a) these particulars do not constitute in whole or in part an offer or contract for sale or lease; (b) none of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact; and (c) the vendor/lessor does not make or give, and neither the agents nor any of its members or any person in its employment has any authority to make or give, any representation or warranty whatsoever in relation to the property. The only representations, warranties, undertakings and contractual obligations to be given or undertaken by the vendor/lessor are those contained and expressly referred to in the written contract for sale or agreement for lease between the vendor/lessor and a purchaser or tenant. Prospective purchasers or tenants are strongly advised to: (a) satisfy themselves as to the correctness of each statement contained in these particulars; (b) inspect the property and the neighbouring area; (c) ensure that any items expressed to be included are available and in working order; (d) arrange a full structural (and where appropriate environmental) survey of the property; and (e) carry out all necessary searches and enquiries. Any representation including descriptions, dimensions, references to condition, permissions or licenses for uses or occupation, access and any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness.