MARY STREET, 1

Prime City Centre Retail & Residential Investment

For Sale by Private Treaty / Tenants not Affected 51/52 MARY STREET, DUBLIN 1

What's On Offer

Currently producing The property comprises a 51/52 Prime location dual frontage four storey € in one of Dublin’s principal high 418,200 mixed use property street retailing districts. The per annum with potential for extending to income growth property is less than 100m from the and 10,936 just 200m from Henry Street sq.ft.

Roomyield are in Nando’s are in occupation on a 100% let with a WAULT of occupation on a 4 year 5.93 years 15 year FRI Lease from 9 month June 2011 lease from September 2016 MERRION SQUARE ST. STEPHEN’S GREEN

GRAFTON STREET

CENTRAL BANK

TRINITY COLLEGE CITY HALL TEMPLE BAR

O’CONNELL BRIDGE MIDDLE GARDINER ST

N GREAT GEORGES ST

O’CONNELL ST.

H EAST JERVISSUMMERHILL STOP Hugh Lane ORT N Gallery Q 51/52 S LL GPO E RN JERVIS S.C. PA PARNELL SQUARE WEST Parnell REET T S CAPEL STREET Square LOWER SEAN MACDERMOTT STREET ST HA ARNELL HENRY STREET P BRUG L CORPORATION STREE HA T LOWE O CA

’ MARLBOROUGHSTREET CO THE ILAC CENTRE

R N G N ARDINER STREET ELLS

TR

MOORE STREET REET EE T T REET 51/52 Connolly T ST ET Station PARNELL S EN I TALBOT STRE Ilac AM O’C H Irish Life Shopping RL ST NT Mall Centre EA O

NNELLSTREET LOWER Location STREET

S ACE HENRY STREET PL RD J O MON E F M CA RVIS S The property holds a prominent position MARY STREET E Customs CO PE R

E with dual frontage along Mary Street LSTR S Jervis Street LOWER B House T R Shopping T and Wolfe Tone Street and is located E REE E Centre CUSTOM HOUSE QUAY EET Y T LE ABBEY ST A MIDD U in one of Dublin’s principal high street LOWERLIF EDEN Q F EY retailing districts. The property overlooks AY GEORGE’S QUAY UPPER ABBEY STREET QU H T and directly faces The F RG CI EYST U E T TY LUAS B QU E E A Y E E R L I F R V Church Bar and Restaurant. Mary Street, I D T T Tara Street R T S S BACHELORSR WALK FLEE T Y ’OL A whichS is an extension of Henry Street, is

U A Station S Q T IR JOHN I S N E R R O S OGERSONS QUA

T R S S A Y A A T Y U D homeO to a number of leading national ND Q ST MO N ER OR M LOW A

L and international retailer’s including AY ST TOW NS END ST QU E FLEET REET ND ET MO TRE R OR AY FLEET S ER N QU O RE M&S, Penneys, River Island and Topshop. UPP GTO E BAR ST ET LIN MPL M E PARLIAMENTST EL TE G W T E E Y QUA S L Many of these brands are housed within SEX L T HANOV ES E AY O P S QU E WOOD C A ER STRE W R S D E ST the two shopping centres located along ET EA REE R ST T A Mary Street namely JervisB Shopping N M EE O GR L COL LEGE Centre and The Ilac Centre. AME STREET T Trinity D R I N I T Y S U PEAR

T S F T F College W Dublin E O SE LORD EDWARD ST L Due to the prime centralO location STREET E K R Castle R ST

L T D P the area enjoys excellent transport

S H N Pearse Street C UR A H S ET ICK ISTC EXCHEQUER STRE W LO L Station CHR E W NA infrastructure byT way of the Red Luas T S S G TR SAU ST S T EE R T E

O R GH S EET line, numerousW Dublin Bus routes and

E

G AM S BUR I R Irish Rail at Heuston Station and Connolly H T ILL WE U Y STREET W DU O R KE ST Station. In addition there are a number S H T CLARE ST U DRU EET of taxi ranks, multi storey car parks and

SO

STR MOLSWORTH ST Dublin bike stations in the immediate CLAREDON STREET SOU TH N ANNE ST National Gallery GRAFTON STREET T M SO vicinity. of Ireland S ERRI E W O W N SQ

T KING ST SOUTH DA E S R U ARE NOR A U ER Q C S T KILDARE STREET H R St Stephens National Museum ST STEPHENS GREEN NORTH N T of Ireland O Merrion ME Green I MERRION SQUARE SOUTH S R R E Shopping R L Centre E Square N W M YORK E

AUNGIER STREET STRE ET RE Stephens G S Green Station N MERRION ROW St. Stephens STEPHE BAGGOT STREET

UPR MERCER ST ST CUFFE STREET Green GREEN EAST ST STEP S N HENS GR EE N SOUTH

ST STEPHE Floor Areas

51/52 MARY STREET, DUBLIN 1

Description

The property boasts dual frontage along Mary Street and Wolf Tone Street and extends to three storeys over ground floor. The building comprises a ground floor retail unit in restaurant use and three floors of residential accommodation overhead laid out in 17 newly refurbished apartments. The entire building extends to 10,936 sq.ft.

Primary access to the retail unit is via the entrance on Mary Street. The unit which extends to 2,551 sq.ft. NIA is fitted out to a high standard to include a fully fitted kitchen and customer seating area. The residential element, which has recently been refurbished to an excellent standard, spans the upper three floors and is laid out to include; 10 x one beds, 6 x two beds and 1 two bed duplex apartment. Overall the residential ele- ment extends to 8,385 sq.ft. GIA and is accessed from Wolfe Tone Street. Floor Areas

51/52 MARY STREET, DUBLIN 1 FLOOR USE SQM SQFT

Description Ground Retail NIA 237 2,551

1st Floor Residential GIA 261 2,809

2nd Floor Residential GIA 259 2,788

3rd Floor Residential GIA 259 2,788

TOTAL 1,016 10,936

Areas listed above are as per the Downey Planning measurement survey, full details are provided in the data room. 51/52 MARY STREET, DUBLIN 1

TENANCIES

DEMISE TENANT ANNUAL PASSING LEASE LEASE LEASE RENT RENT TERM START EXPIRY REVIEW

Ground Nando’s Chickenland E105,000 15 yrs Jun-11 Jun-26 Jun-16 Ireland Ltd t/a Nando’s

1st, 2nd, 3rd Roomyield E313,200 4.75 yrs Sep-16 May-21 n/a Hospitality Limited t/a The Key Collection

TOTAL E418,200 51/52 MARY STREET, DUBLIN 1

TENANCIES

Covenant Information

Nando’s Chickenland Ireland Ltd t/a Nando’s opened their first store in Ireland in 2008 and have since expanded to operate 10 stores across Ireland and over 300 in the UK. According to vision net Nando’s Chickenland Ireland Ltd have a Low trade risk scoring 81/100.

Roomyield Hospitality Limited t/a thekeycollection grew from the hotel consultancy company Roomyield which was founded in 2011, the company operates as hospitality asset managers who manage apartments, guesthouses and hotels. Roomyield is headquartered in Blanchardstown and currently employs 200 people across all its properties and head office. According to vision net the company has a fair trade risk of 69/100.

Zoning BER Viewing

The property is zoned Z5 City Centre ‘’To Retail Strictly by appointment with the sole consolidate and facilitate the development BER Rating: F agent. of the central area, and to identify, BER Number: 800513772 reinforce, strengthen and protect its civic Energy Performance Indicator: 1666.43 design character and dignity,” under The kWh/m²/yr2.85 Dublin City Council Development Plan 2011 - 2017. Residential BER Rating: D1 - F BER Number: 109097691 - 100801455 Energy Performance Indicator: 227.27 kWh/ m²/yr - 389.69 kWh/m2/yr Contact

EMMA COURTNEY T: +353 1 618 5760 E: [email protected]

SANDRA WALSH T: +353 1 618 5578 Solicitor data room E: [email protected] BYRNE WALLACE WILLIE NORSE Neil Dunne Further information is available in the T: +353 1 618 5529 T: +353 1 691 5863 dedicated data room E: [email protected] E: [email protected] www.cbresales.ie/Mary Street

DISCLAIMER: CBRE These particulars are issued by CBRE Ireland on the understanding that any negotiations relating to the property are conducted through them. While every care has been taken in preparing them, CBRE Ireland for themselves and for the vendor/lessor whose agents they are, give 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 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. (iii) Neither CBRE Ireland nor any of their employees have any authority to make any or give any representation or warranty in relation to the property.