Description

The sale provides an exceptionally rare opportunity to acquire one of the best located office buildings in Dublin City, with potential for further modernisation and extension, or redevelopment. St. Stephen’s Green House comprises a landmark eight-storey office building over a two level basement, extending to approximately 6,348 sq m (68,325 sq ft) NIA. The building is let to five tenants, including the OPW, Hayes Solicitors, Aramark and Lisney.

Features

Direct access to Dublin’s prime retail and commercial district Extends to approx. 6,348 sq m (68,325 sq ft) Outstanding opportunity to reposition through refurbishment or redevelopment Weighted Average Unexpired Lease Term of 4 years (as at 1 April 2022) Multi-let to six tenants including the OPW, Hayes Solicitors, Lisney and Aramark Rental income of €3,116,921 pa, with terms agreed to increase to €3,434,280 pa Dual profile onto Earlsfort Terrace and Lower Leeson Street Secure two level basement car park with 106 spaces Excellent accessibility with Luas, Dart and bus services closeby

BER Details

BER Rating B3-E1

Directions

St Stephen's Green House occupies a high-profile site in Dublin city centre, overlooking St Stephen's Green, with dual frontage onto both Earlsfort Terrace and Lower Leeson Street.

Negotiator

Declan Sexton