SAVILLS GENERAL RETAIL AGENCY DIVISION Savills General Retail Agency
Savills General Retail Agency
Tailored to you Our team of market-leading experts will provide you with a seamless service from commencement to completion.
We undertake a Our e pertise market Leverage the Savills Provide bespoke reporting to ALL COMBINE TO comprehensive asset knowledge and best in class brand to achieve suit your requirements while ENSURE THE maximum exposure review following which we research all combine to working in tandem with your EFFICIENT agree and implement the ensure you will recei e the for your asset professional team from start COMPLETION OF appropriate strategy for you best ad ice to finish YOUR INSTRUCTION
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We are the only agency offering all-Ireland coverage, Savills General Retail Agency with offices in Dublin, Cork Savills Belfast and Belfast. Savills General Retail Agency Division offers a boutique agency service tailored to private and corporate clients Whether it’s a nationwide portfolio, vacant freehold or specialised sector such as a restaurant or licensed premises, we will ensure the efficient delivery of your i tr ctio .
OUR SERVICES INCLUDE:
» Sales » Tailored Asset Management » Acquisitions » Dedicated Landlord and Tenant Division » Leasing » Strategic ortfolio anagement isposal
THE SAVILLS TEAM Savills Dublin
Stephen McCarthy Head of General Director, et i Director, et e e t Retail Agency or e t
Significantly, we are not tied to any Irish franchisee partners; we can therefore Savills utilise the best complimentary local skill Cork Paul Wilson set and expertise nationwide. Director, Cork Director, Cork Director, Retail Belfast
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Portfolio Disposal
OUR CLIENT Danske Bank
THE BRIEF To dispose of 47 freehold and leasehold former bank branches nationwide.
OUR To manage and conduct the entire disposal REMIT process from commencement to conclusion to include:
• A full strategic review of the portfolio with recommendations
• Conduct property inspections • Marketing: brochures, advertising, dedicated Savills/Danske intranet
• Manage all viewings
• Transaction recommendations • Management of the subsequent sale process once solicitors were instructed • Weekly reporting to our client based on a bespoke reporting format
• Ongoing quarterly portfolio valuation update conducted by Savills Professional Services
Former National Irish Bank, St. Andrews Street Entrance, Dublin 2
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A selection of disposals we have completed in Ireland
• Bailleborough, Co. Cavan • Skerries, Co. Dublin • Kingscourt, Co. Cavan • Eyre Square, Galway • Shercock, Co. Cavan • Rose Inn Street, Kilkenny • Ballybofey, Co. Donegal • Ballinamore, Co. Leitrim • Dungloe, Co. Donegal • Drumshambo, Co. Leitrim • Gweedore, Co. Donegal • Mohill, Co. Leitrim • Letterkenny, Co. Donegal • Lanesborough, Co. Longford • Raphoe, Co. Donegal • Dundalk, Co. Louth • 66 O’Connell St, Dublin 1 • Monaghan, Co. Monaghan • College Green, Dublin 2 • Boyle, Co. Rosscommon • Main Street, Finglas, Dublin 11 • Stephen’s Street, Sligo • Walkinstown, Dublin 12 • Mullingar, Co. Westmeath • Balbriggan, Co. Dublin • The Bull Ring, Wexford • Malahide, Co. Dublin • Bray, Co. Wicklow
• Donnybrook, Dublin 4 • Ballydehob, Co. Cork • Oranmore, Co. Galway • Schull, Co. Cork • Westport, Co. Mayo • Tarbert, Co. Kerry • Enfield, Co. Meath • Drumcollogher, Co. Limerick • Mullingar, Co. Westmeath
Former National Irish Bank, College Green, Dublin 2
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Freehold Sales
OUR CLIENT Danske Bank
THE BRIEF Savills was instructed by Danske Bank to dispose of this landmark listed building in Dublin city centre which required full refurbishment.
THE We generated over 84 viewings of the premises PROCESS and ultimately disposed of the property by way of a final bids process. Given the prime landmark status of the building and our international media connections, the sale was covered on Bloomberg and generated huge media interest throughout Europe and The United States.
We achieved a final sale price in excess of the guide and were subsequently retained by the purchaser to lease the entire property on their behalf.
e utilised our retail contacts to directly place this unique potential flagship o ort it .
H&M deployed a team to Dublin immediately to inspect the building and confirmed their desire to secure a tenancy.
The letting to H&M was subsequently completed and 23-27 College Green now represents their Dublin flagship.
H&M, College Green, Dublin 2
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Retail Leasing
OUR CLIENT plc
THE BRIEF o o i e te i e ro r e o re r i e t, co etio o t e o ice etti t o e ort treet i ere oi te to ec re i c i re ret i er or t i rk ret i it
THE e ti i e o r e te i e rket k o e e to PROCESS i e ti ort i t o re i ret i er o ere cti e i t e rket o e e t o e oo it or t i rtic r ro ert , ot t ro r e er ecti e, t o to e re e e ce o r c ie t o er et e i ter o co e t it , ter cert i t re t i co e
e etti co ete to ec er etti e e c rk or ret i re t e i e ce i t e D o treet re
Whether it's a flagship city centre property or the retail element of a mixed use commercial development which requires the implementation of a tailored strategy, we have the knowledge and expertise to deliver your requirements.
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Licensed Going Concern Disposals
OUR ROLE Savills acted as sole selling agent.
THE Savills was appointed to handle the sale of ELY HQ, a high PROCESS profile bar/restaurant located in the heart of Grand Canal Square.
THE RESULT Given the location and unique attributes of the property, this sale generated huge interest once introduced to the market. The asset was extensively marketed in Ireland, UK and through our European network. The sale was conducted following a very competitive two round bid process.
This is an example of the marketing leverage and exposure we can bring to a particular disposal which we know will have international appeal.
ELY HQ, Hanover Quay, Dublin 2
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Restaurant Disposals
OUR CLIENT Private client
OUR ROLE Savills acted as sole selling agent.
THE Savills handled the sale of 62 Lower Leeson Street, following a 6 week marketing campaign. Our PROCESS client completed an extensive refurbishment of the building and operated a successful bistro and café business in the premises.
Given the unique attributes of the building, the established use and prime city centre location, we conducted a bespoke marketing campaign in conjunction with our client. This involved a targeted campaign of trade occupiers such as restauranteurs, fine food/ wine retailers and café/bistro occupiers. We utilised our extensive Savills network to ensure our client’s property received extensive national and international coverage.
THE RESULT We generated a significant amount of local and international interest in the premises. We agreed terms and completed the sale to an international coffee chain. This is an example of delivering an effective disposal through a tailored marketing strategy and leveraging of our international network.
Former Gilbert & Wrights, Cooper's, Lower Leeson Street, Dublin 2 Hollybrook Park, Clontarf, Dublin 3
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Acquisitions
OUR CLIENT Starbucks
THE BRIEF To assist Starbucks in becoming the dominant coffee shop brand in Ireland.
THE Following the acquisition of a number of high profile Swords Pavilions and numerous high street PROCESS Dublin city centre and shopping centre locations on locations enabled us to deliver our client’s their behalf including: O’Connell Street, North Earl requirement to become the market leading Street, Westmoreland Street, O’Connell Bridge, coffee chain in Ireland with over 100 coffee St Stephen’s Green, Temple Bar, Swords Pavilions shops nationwide. and Waterloo Road, Dublin 4 to mention a few. Starbucks is now the dominant coffee chain in We are able to execute high profile instructions Ireland. such as this, given our unrivaled knowledge of on and off market opportunities nationwide and THE RESULT Our extensive specialist knowledge of the Irish internationally. food and beverage sector honed from our years of expertise in leasing and disposing of food This is further enhanced given our close working and beverage units in shopping centres, relationships with our Irish and international hotel, including Dundrum Town Centre, Liffey Valley, leisure, offices and agency teams.
32A, Dawson Street, Dublin 2 Acquired for Starbucks, Crown Alley, Temple Bar, Dublin 2 Acquired for MAO, Donnybrook Acquired for a private client.
18 19 A selection of our tr ctio
MAO, Chatham Row, Dublin 2 75-76, Camden Street, Dublin 2 The Exchange, IFSC, Dublin 1
Grant Thornton, City Quay, Dublin 2 No.1, Palace Street, Dublin 2 “The Kiosk”, Ballsbridge, Dublin 4
Stephen McCarthy Head of General Retail Agency
Tel +353 1 618 1349 Mobile +353 87 289 4091 Email [email protected] Licence No 002233-002980
Savills 33 Molesworth Street, Dublin 2 avills.ie