Grattan Bridge Portfolio
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FOR SALE THE GRATTAN BRIDGE PORTFOLIO n Office investment portfolio, Ormond Quay Upper, Dublin 7 n For Sale in 1 or more lots n 1-3 Ormond Quay (1,610 sq.m), 4 Ormond Quay (286 sq.m) n Ancillary building with development potential S.P.P THE GRATTAN BRIDGE PORTFOLIO LOCATION The Grattan Bridge Portfolio provides an opportunity to acquire a substantial offi ce investment on the north quays of the River Liffey in Dublin 7. The properties, 1-4 Ormond Quay, occupy a high-profi le corner site at the junction of Capel Street and Ormond Quay Upper. 6-7 White Lime Court is located to the rear of the property and adjoins the Capel Building, a signifi cant offi ce development on Capel Street/Mary’s Abbey. The area is a well-established business location and popular legal district with the nearby Four Courts, Ireland’s main courts building. The surrounding urban quarter has witnessed increased activity over recent years with an abundance of cafés, restaurants and shops on Capel Street. Temple Bar is also conveniently located DESCRIPTION opposite the property across Grattan Bridge. The Grattan Bridge Portfolio is an investment opportunity comprising four adjoining offi ce buildings, 1-4 Ormond Quay, and ancillary car parking at White Lime Court and Stuart Hall. No No 1-3 Ormond Quay comprises three blocks of interconnecting This stand-alone Georgian property comprises four storeys over offi ce1-3 accommodation overlooking the River Liffey. The space basement4 and extends to 286 sq.m. It is currently in use as offi ces A Double Height has been signifi cantly upgraded with contemporary fi nishes and was previously interconnected with buildings 1-3. Atrium Double Height throughout, providing open plan offi ce accommodation, high- Reception & Boardroom The space is in good condition throughout containing a mix end boardrooms and director’s offi ces. The building, used as of open plan and individual offi ces with a kitchen and W.C.’s B the headquarters for OpenJaw Technologies, also has a large in the basement. The space is fully furnished and is in walk-in canteen area and break-out area for staff. condition. Oce Oce Oce No.1 fronts on to both Capel Street and the quays with four Features: storeys of accommodation over basement. Formerly a banking hall, it retains many of its original features including curved ● Mix of Open Plan & Cellular Offi ces timber windows, winding staircase and feature fi replace. There ● Heating & Cooling Air Conditioning is an impressive double-height reception area with a large ● Recessed Lighting curved-glass boardroom on the ground fl oor. ● Cat 6 & 7 Data Cabling C No.2-3 is a fi ve storey over basement building known as Grattan ● Wired for Power Oce Bridge House, a former Presbyterian Church. A large south- ● Kitchenette facing glazed façade has created a double-height atrium ● Fully Carpeted & Furnished allowing for natural light to spill into the offi ce space. A modern ● Gas Fired Central Heating extension has been built to the rear of the property offering basement car parking and a fi fth fl oor balcony area. D A O R H G CLO U NT O AR R F R O OA CA B D BRA ROAD S B I H P N ORT H CIR CULA R R OAD EA ST W ALL R D O A AN D R ST H T R O N R PHIBSBOROUGH E NO OW RTH DUBLIN L CIR NORTH STRAND CUL D AR R A OAD COMMUTER LINE O R A DRUMCONDRA R D D A O ON R H G U O RUMC Mountjoy R D O Square B S B I THE H GRATTAN BRIDGE P T EE R PORTFOLIO T S G T A T R E Parnell DI Square NE R S DORS T CROSS CITY LUAS LINE R E CONNOLLY E T L STATION ROTUNDA O W HOSPITAL E R O’CONNELL ST THE DART LINE DOCKLANDS PARNELL STATION CENTRE T E E R S T L GPO E L ILAC R N PA SHOPPING JERVIS CENTRE D SHOPPING CENTRE EET A RY STR O HEN JE R INTERNATIONAL FINANCIAL R H VIS G C SERVICES CENTRE A U P S O EL TR R ET O E E Y STR S E E B ABB T T E S DL R ID B M I EE H T P DUBLIN CONVENTION CENTRE RIVER LIFFEY TARA STREET RED LUAS LINE STATION THE FOUR COURTS TEMPLE BAR AY ND QU ORMO RIVER LIFFEY W IN EX ST E ESS TRINITY T A DUBLIN T VE DAME STREE COLLEGE RN CIVIC DUBLIN OFFICES S T R E E T DUBLIN CASTLE CHRIST T HOM CHURCH AS STREET NAS CATHEDERAL SA U T STR E EE E T TR S N O T F A R G T E NEW STREET RE THE DÁIL ST STEPHEN’S GREEN T S ST PATRICKS T SHOPPING CENTRE E E R E A CATHEDERAL D TR L I S K R MERRION SQUARE E I NG U A M ER RIO N R OW ST STEPHEN’S GREEN KEVIN STREET BA GG GREEN LUAS LINE OT ST RE ET IVEAGH SCHEDULE OF ACCOMMODATION GARDENS FITZWILLIAM Ormond Quay SQUARE No.’s 1-3 Ormond Quay Floor (Sq.M) N.I.A. (Sq.ft) N.I.A. 1 2 3 4 Basement 132 1,421 Ground 318 3,423 First 216 2,325 A Double Height Second 335 3,606 Atrium Double Height Reception & Boardroom Third 293 3,154 Fourth 258 2,777 B Fifth 59 635 Total 1,611 17,341 Oce 7 basement car parking spaces Oce Oce No.4 Ormond Quay Floor (Sq.M) N.IA. (Sq.ft) N.IA. Basement 19 204 Ground 79 850 C First 108 1,163 Oce Second 43 463 Third 37 398 Total 286 3,078 2 ancillary car parking spaces little strand street 6-7 White Lime Court The entire building extends to approximately 170 sq.m (1,830 sq.ft) RED LUAS LINE 47STEWART THE PARNELL CENTRE ILAC SHPPING CENTRE O’CONNELL STREET HALL EE T STR ELL RYD ARN ER P ’S R OW O ’ C ET O STRR N ENRY N H E L L S T R E E T ET Y STRR MAR J E E N R Y’S LA R V LE MA LITT I S EET S R RY’S LANE BBEY ST MA T IDDLE A R M E E T REET EY ST R ABB UPPE BEY RY’S AB C MA A Y ST P ANCER E CH L S REET T ND ST R TRA EAT S E GR E L I T T T L E ET STRE S T RAND G R A AY T QU OND T ORM A N B R I D G E N E E R G GE COL LE ET DAME STRE THE FOUR COURTS DUBLIN CIVIC OFFICES JERVIS SHOPPING CENTRE TEMPLE BAR 1-4ORMOND QUAY 6-7WHITE LIME COURT TENANCY DETAILS TITLE OpenJaw Technologies Limited occupy the entire of 1-3 Ormond Quay We understand that the property is held by means of a freehold title. Upper under a 10 Year FRI lease from 29th April 2013. There is a break option in favour of the Tenant on the 29th April 2018, subject to 6 months VIEWINGS prior written notice to the Landlord. 6-7 White Lime Court is occupied under co-terminus lease terms. The total passing rent is €188,400 per Strictly by prior appointment with the sole selling agents, annum exclusive. Murphy Mulhall. There are various telecommunication masts on the roof producing €44,000 per annum. Solicitors Full lease details available upon request. Sheehan & Co. 1 Clare Street, Dublin 2 BER For further information contact: Robert Murphy Scott Colley Director Surveyor Murphy Mulhall Murphy Mulhall T: +353 1 634 0300 T: +353 1 634 0300 E: [email protected] E: [email protected] Disclaimer These particulars are issued by Murphy Mulhall on the understanding that any negotiations relating to the property are conducted through them. While every care is taken in preparing them for themselves, Murphy Mulhall and for the vendor/lessor whose agents they are given notice that (i) The particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract. (ii) 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 purchasers 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. (iii) Murphy Mulhall nor any of their employees have any authority to make or give any representation or warranty in relation to the property. PSRA LICENCE NUMBER: 002341.