2 1 H O L L E S S T R E E T , D U B L I N 2
High ProfileCommercial Investment
FOR SALE by Private Treaty
Substantial 3 storey over basement investment property
Extending to approximately 1973 sq.ft./ 183 sq.m.
Georgian façade with the internal element reconstructed to provide solid concrete floors and suspended ceilings.
2 Designated Car Spaces
Fully let to Baker Tilly Hughes Blake, generating reversionary rent of €70,000
Baker Tilly also occupy the adjacent building on a long term lease.
Nearby occupiers include Twitter and Stripe. The National Maternity Hospital is also located on Holles Street. The building is linked with no. 21 and the tenant must reinstate.
I N V E S T ME N T S U M MA RY
DE S C R I P T ION21 Holles Street is a 3 storey over basement mid-terraced building. The property has an attractive Georgian façade with the internal element having the benefit of providing modern solid concrete floors and suspended ceilings.
The building provides a mix of cellular and open plan offices and heating is by means of storage heaters. The entire property was fitted out to a very high standard in 2019 by Baker Tilly.
Due to the nature of the surrounding streetscape the basements benefit from good natural light as there are windows allowing natural light to the front and rear of the building.
L OC AT IONHolles Street sits squarely within Dublin’s Central Business District. The enhancement of Grand Canal Street, with the developments of One Grand Canal and The Sharp Building, have elevated Holles Street to a core business location. It is now one of the main links between the Georgian Quarter, the traditional CBD and the new South Docks. Nearby tenants include Twitter and Stripe.
T E NA N TThe tenant is The Partners of Baker Tilly Hughes Blake t/a Baker Tilly Baker Tilly is the Republic of Ireland representative of Baker Tilly International. They are one of the world’s leading accountancy and business advisory firms. The firm have been advising businesses in Ireland since the foundation of the State.
T E NA NC Y A N D I NC OME S U M M A RY The property is let on a 10 year lease to Baker Tilly from August 2017 at a rent of €70,000 pa. The tenant recently concluded substantial fit out works on the property. Baker Tilly also occupy the adjacent property on a long term lease, with the lease expiring in 2031. 2 designated spaces with the property to the rear.
Type Size s.q.f.t. Use Notes
Ground Floor 43.20 Office Fully Let to Baker Tilly following recent refurbishment
Basement 51.16 Office Fully Let to Baker Tilly following recent refurbishment
1st Floor 42.57 Office Fully Let to Baker Tilly following recent refurbishment
2nd Floor 46.44 Office Fully Let to Baker Tilly following recent refurbishment
Total 183.3
Car Spaces 2 2 designated spaces with the property
Strictly by appointment with the sole letting agent Bagnall Doyle MacMahon. For further information please contact:
Quoting In Excess of €1,100,000.
We understand it is held under freehold.
Disclaimer: These particulars are for guidance only and do not form part of all or any contract. Whilst care has been taken in their preparation we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this practice. We do not guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and other details contained herein and any prospective purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the accuracy of each of them.
Declan BagnallT +353 1 6795265 E [email protected] PSRA Licence number 003571-006304
Conor NilandT +353 1 6795265 E [email protected] PSRA Licence number 003571-007218
VIEWING
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DENZILLE LANE
HOLLES ROW
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TREE
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FENIAN STREET
HOGAN PLACE
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HOLLES STREETMATERNITY HOSPITAL