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FOR SALE O’Connell Street Dublin 1

o’connell street, dublin 1

6-storey office building over basement car park Prime high profile redevelopment opportunity on 0.55 of acre Total area including retail element 5,340m2 (57,483 sq.ft.) Producing a rental income of €420,000 per annum Would suit a variety of users types 75 secure basement car spaces located in the basement


Location Findlater House occupies a high profile position on O’Connell Street adjacent to the Gresham Transport Hotel close to its intersection with Parnell Street. The location is complimented by its proximity to the prime retail area of Henry Street while the immediate locality provides access to a variety of amenities such as shops, banks, bars and restaurants. Description O’Connell Street and the surrounding area has witnessed large scale development in recent Lease years making it a highly regarded location among commercial occupiers. Notable commercial occupiers in the immediate area include the OPW, An Bord Pleanala, Allied Irish Bank, DIT, Jurys Hotel, Arnotts and Clerys. Accommodation Location Parking Transport Public transport infrastructure is second to none with virtually all major Dublin bus routes Rent at O’Connell Street and the Quays. The O’Connell Street staging point of the Description terminating Aircoach which serves the city’s airport is located within 3 minutes walk while Dublin’s central Inspection bus station Busaras, serving the Greater Dublin area and beyond is also located close by. Lease Connolly station is within a 10 minute stroll as is the Abbey Street staging point of the LUAS Red Line. The property also boasts 7 multi-storey car parks within a 5 minute walk. Contact Details Accommodation Description Parking Findlater House is a landmark 6-storey over basement office building, which was occupied by Lease Rent Eireann/Eircom for nearly 30 years. The entire building extends to 5,340 m (57,483 sq.ft.) Telecom with 4,231 m (45,542 sq.ft.) being used as offices and 1,109 m (11,941 sq.ft.) used as a retail/pub at ground floor level. The offices comprise ground floor entrance lobbies on Cathal Brugha Accommodation Inspection Street and O’Connell Street together with 5 floors of offices overhead. The penthouse was used by Eircom as an office, but the original planning was for residential. The offices are L-shaped in plan Parking Contact Details with one wing fronting onto O’Connell Street and the other Cathal Brugha Street. The floors 2

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consist of a mix of open plan and cellular office accommodation. The building is finished with a glazed curtain wall system incorporating aluminium sliding sash windows. The basement car park, which has the benefit of 75 car parking spaces is accessed via Cathal Brugha Street. Findlater House could be adapted to suit a variety of users to include hoteliers, hostel operators, a student accommodation facility, or leisure user. The retail element at ground floor level, which has a frontage onto O'Connell Street of approx 26 metres and a return frontage of approx 23 metres onto Cathal Brugha Street extends to 707m2 (7,610 sq.ft.) is suitable for a wide range of retail and restaurant uses either "as is" or sub-divided into smaller unit sizes.


Typical Floor Plan

Location Transport Description Lease Location Accommodation Transport Parking Description Rent Inspection Accommodation Contact Details Lease Parking Rent Tenancy Schedule Inspection

Parking There are 75 secure car parking spaces located in the basement.

Title We understand the property is held under a freehold interest.

Block A

Block B

Total

Ground Floor

707 m2

401 m2

1,108 m2

First Floor

435 m2

406 m2

841 m2

m2

m2

841 m2

The land-use zoning objective for Findlater House is Z5 “To consolidate and facilitate the development of the central area, and to identify, reinforce, strengthen and protect its civic design character and dignity.”

Second Floor

435

Third Floor

435 m2

406 m2

841 m2

Fourth Floor

435 m2

406 m2

841 m2

Fifth Floor

351 m2

406 m2

757 m2

Penthouse

110 m2

-

110 m2

Guide Price

TOTAL

2,908 m2

2,431 m2

5,339 m2

In excess of €4.5 million exclusive.

Contact Details

406

Zoning


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Contact Details Keith O'Neill

Mobile : +353 86 857 9696 Email : keith.oneill@bnpparibas.com

Conor Whelan

Mobile : +353 86 806 2626 Email : conor.whelan@bnpparibas.com

Peter Flanagan

Mobile: 0868489054 Email: peter.flanagan@bnpparibas.com

Inspection Strictly by appointment through sole selling agents BNP Paribas Real Estate

Mervyn Ellis

Mobile : +353 87 286 4007 Email : mervyn.ellis@bnpparibas.com 20 Merrion Road, Ballsbridge, Dublin 4 Tel: +353 1 661 1233 Fax: +353 1 678 9981 www.realestate.bnpparibas.ie These particulars are for guidance only and do not form part of any contract. The landlord and his agent do not hold themselves responsible for any inaccuracies. Any intending tenant must satisfy himself /herself by inspection or otherwise as to the correctness of all information provided. These details are issued on the understanding that all discussions are initiated through the sole agent in the instant.

Findlater House