the liffey portfolio - savills€¦ · subject to a passing rent of €77,500 p.a with a fixed...
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TheLiffeyPortfolio
23 Liffey Street Upper,
Dublin 1
31 Liffey Street Upper,
Dublin 1
34-35 Liffey Street Upper,
Dublin 1
32 Liffey Street Lower,
Dublin 1
34 Liffey Street Lower,
Dublin 1
232 Rathmines Road Lower,
Dublin 6
27 Ranelagh Village, Dublin 6
23 Rockhill, Blackrock,Co. Dublin
Portfolio Highlights
The PropertiesA unique mix of prime city centre and south Dublin locations
Current & Projected Rental IncomeTotal passing rent €487,500 with potential to increase to region €850,000 through leasing of the vacant properties
Long Established Tenants IncludeIrish Permanent TSB plc, Oxfam and Irish Scout Association of Ireland
Diverse Use ProfileIdeal mix of office, retail and food & beverage uses
Development Additional benefit of city centre and suburban development opportunities (subject to planning)
Title All properties held freehold
34 Liffey Street Lower
32 Liffey Street Lower
34-35 Liffey Street Upper
31 Liffey Street Upper
23 Liffey Street Upper
train
train
Temple Bar
O’Connell Street Henry Street
Abbey Street Jervis Centre
Luas Green Line Luas Red Line
23 Liffey Street Upper Property OverviewPrime north city centre freehold opportunity, formerly occupied by The Body Shop, being offered with full vacant possession. Immediately convenient to Henry Street. Suitable for a variety of uses.
DescriptionFully serviced and fitted prominent two storey over basement retail property with feature glazed frontage at ground and first floor levels.
NIA Accomodation Schedule
Level
Basement
Ground
First
Total
Sq. M. 54
54
56
50
160
Sq. ft. 584
584
608
538
1,730
31 Liffey Street Upper TenancyThe property is held freehold and leased to D&L Household Goods & Gifts Ltd t/a All Rooms on a 35 year FRI lease from 1st March 1986, subject to a passing rent of €80,000 per annum exclusive.
DescriptionFully serviced, prominent two storey mid-terraced property with feature glazed frontage. Fitted out a high standard. Separate street access to first floor.
NIA Accomodation Schedule
Level
Ground
Ground (Storage)
First
Total
Sq. M. 54
131
4
28
163
Sq. ft. 584
1,416
40
300
1,756
34-35 Liffey Street Upper TenancyFreehold property leased to the Scout Association of Ireland Trust Corporation Ltd t/a Outdoor Adventure Store on an FRI lease for a term of 35 years from 1st December 1994, subject to a passing rent of €120,000 per annum exclusive. Upward only rent review.
DescriptionProminent two storey steel and concrete slab constructed building, dual floor open plan configuration. Extensive feature glazed double frontage, fitted out to a high standard throughout.
NIA Accomodation Schedule
Level
Ground
First
Total
Sq. M. 54
115
106
221
Sq. ft. 584
1,245
1,144
2,389
32 Liffey Street Lower Development OpportunityFreehold property available with full vacant possession. The subject property is zoned Z5 City Centre (Mixed Use) in the Dublin City Development Plan 2016-2022
DescriptionThe unit comprises a fully serviced, single storey retail unit, with feature glazed frontage directly on to Liffey Street Lower and prominent signage fascia.
GIA Accomodation Schedule
Level
Ground
Total
Sq. M. 54
55
55
Sq. ft. 584
592
592
34 Liffey Street Lower Development OpportunityFreehold property available with full vacant possession. The subject property is zoned Z5 City Centre (Mixed Use) in the Dublin City Development Plan 2016-2022.
DescriptionThe unit comprises a fully serviced, single storey retail unit, with feature glazed frontage directly on to Liffey Street Lower and prominent signage fascia. The property has planning for Café use.
GIA Accomodation Schedule
Level
Ground
Total
Sq. M. 54
50
50
Sq. ft. 584
538
538
232 Rathmines Road Lwr, D6
27 Ranelagh,Dublin 6
train
train
trainPortobello BallsbridgeCharlemont
RathminesRanelagh
Luas Green Line
232 Rathmines Rd Lwr TenancyA fine freehold property, the ground floor is leased to Oxfam Republic of Ireland for a term of 20 years from January ‘19 subject to a passing rent of €77,500 p.a with a fixed increase to €85,000 effective from January 2022. 5 yearly rent reviews.
DescriptionLocated adjacent to Starbucks and between the two main entrances to The Swan Shopping Centre, the property comprises a rectangular, open plan ground floor self-contained retail unit with c.5m of street frontage. Fitted first floor office with separate own door access.
NIA Accomodation Schedule
Level
Ground
First Floor Office (Vacant)
Total
Sq. M. 54
125
47
172
Sq. ft. 584
1,346
1,200
2,546
27 Ranelagh VillageProperty OverviewThe subject property occupies an exceptional location in the centre of Ranelagh village adjacent to Redmond’s Fine Wines and opposite to Supervalu. 27 Ranelagh is within immediate proximity to the Green Line Ranelagh Luas station. Full planning and fitted out for restaurant use.
The property is available with vacant possession.
DescriptionFreehold property comprising a fine two storey mid terrace commercial building presented in superb condition throughout. Ground floor provides for an open plan double height configuration with kitchen, patron / disabled w.c and feature landscaped outdoor terrace to rear. First floor provides for offices, store room and w.c. with separate own door street/ delivery access. Suitable for alternative use subject to planning
NIA Accomodation Schedule
Level
Ground
First
Total
Sq. M. 54
195
47
242
Sq. ft. 584
2,100
510
2,610
23 Rockhiill, Blackrock
Zurich LifeAssurance HQ
BlackrockTrain Station
SeapointTrain Station
train
train
BlackrockShopping Centre
Frascati Shopping Centre
N31
DART Train Line
23 Rockhill, Blackrock
Street View
23 Rockhill, Blackrock DescriptionLandmark retail & office building in the centre of Blackrock Village adjacent Blackrock DART station.
Tenancy23 Rockhill consists of 2 tenanted split level retail units & a fully fitted, vacant own door 1st floor office with magnificent sea views.
Retail Unit (1 - 2) (part ground floor and part lower ground floor) Leased to Irish Permanent TSB plc for a term of 35 years from 1st February 1987, subject to a passing rent of €150,000 per annum exclusive of rates, insurance and service charge.
Retail Units (3- 4) (part ground floor and lower ground floor) Leased to Fine Bottles Ltd t/a Blackrock Cellar for a term of 12 years from 22nd February 2012, subject to a passing rent of €60,000 per annum exclusive of rates, insurance and ser-vice charge. First floor fitted open plan office.
Development/ZoningFeasibility Study, prepared by J.B. Barry & Partners Consulting Engineers is available to interested parties which concludes that the existing super structure could support an additional two floors of accommodation subject to planning permission. The property is Zoned District Centre in the Dun Laoghaire Rathdown Development Plan 2016-2022.
NIA Accomodation Schedule
Level
Retail Unit 1 & 2Ground Floor
Lower Ground Floor
Retail Unit 3 & 4Ground Floor
Lower Ground Floor
Basement / Stores
First (Office) Vacant
Total
Sq. M. 54
160
40
158
85
76
275
794
Sq. ft. 584
1,722
430
1,700
914
818
2,960
8,544
Rear of property
1st Floor offices 1st Floor offices
23 Rockhill, Blackrock
Rear view from offices
STEPHEN MCCARTHYHead of General Retail Agency+353 (0) 1 618 [email protected]
Contact
HENRY ROESurveyor - Retail Agency+353 (0) 1 663 [email protected]
Savills33 Molesworth StreetDublin 2D02 CP04
+353 (1) 618 1300savills.ie
PSRA: 002233
IMPORTANT NOTICESavills, their clients and any joint agents give notice that:• They are not authorised to make or give any representation or warranties in relation to the property either here or elsewhere, either on their own behalf or on the behalf of their client or
otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
• Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only an are not necessarily comprehensive. it should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.