Description
Features
BER Details
Directions
Viewing Details
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Beds | |
Price | POA |
Property Type | Investment Property |
Size | 15345 meters2 |
Energy Rating | BER-G |
Refreshed on | |
Eircode | D02R15 |
Group Name | JLL Commercial |
Sales License Number | 002273 |
Description
George’s Court & 90 North King Street comprises two modern six storey office buildings with part ground floor retail, of approximately 11,245 sq m (121,038 sq ft) and 68 basement car parking spaces. Upon entering the buildings, there are state of the art receptions, built and designed to the highest standards. The building also benefits from good natural light due to the glazed curtain walling. 90 North King Street extends to 4,100 sq m (44,132 sq ft) and benefits from 25 car spaces. It is fully occupied by the OPW (Irish Government). George’s Court at ground and 1st floor is let to the OPW (Irish Government) and The Law Society of Ireland at 4th Floor. The 2nd, 3rd and 5th floors of George’s Court are currently vacant and offer tenants the opportunity to occupy large floor plates, while still allowing for individual corporate offices within the building. The scheme also includes two vacant retail units in shell and core condition extending to 285 sq m (3,063 sq ft) at George’s Lane and 171 sq m (1,836 sq ft) at North King Street. Investment Rationale: City centre office investment with 90% income from government tenants. Two modern city centre office properties extending to 11,245 sq m (121,038 sq ft). Let to OPW and the Law Society of Ireland. Opportunity to increase rental income and yield profile through letting of three vacant floors and two retail units in George’s Court.
Features
City centre investment producing rent of €2,225,457 per annum. 90% of income from government tenants. Two modern commercial office buildings of approximately 11,245 sq m (121,038 sq ft) and 68 car spaces. Potential to increase income on letting vacant floors and retail units. Tenants include the OPW (Irish Government) and The Law Society of Ireland.
BER Details
BER: G BER No: 800189102 EPI: 1943.79 kWh/m²/yr
Directions
North King Street is in the centre of Smithfield in Dublin’s North City Centre and the area has benefited from rejuvenation over the last 10 years, which has seen the provision of modern buildings ranging in use from commercial to residential. George’s Court & 90 North King Street have a prominent position benefiting from extensive frontage onto Brunswick Street North and North King Street in the heart of Smithfield, Dublin’s historic legal district. The Four Courts, Blackhall Place Legal College, the Bar Council of Ireland and the Prisoner Officers Assistance / Parole Board are all within close proximity. The property is approximately 450 metres from the Smithfield LUAS red line stop (Tallaght to Dublin City Centre), which connects the area to the IFSC, Connolly Station and Heuston Station as well as Dublin’s south west suburbs. Construction has begun on the LUAS interconnector which will link up the LUAS red line to the south side of the city. Other nearby occupiers include the Old Jameson Distillery, The Maldron hotel and Smithfield Market.
Viewing Details
By Appointment only For further information please contact: declan.sexton@eu.jll.com jacqueline.fitzpatrick@eu.jll.com
Date created: May 15, 2014