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Merrion Portfolio

   

Lot 1 – 13 Merrion Row

  • Profile retail unit with first floor offices just off St. Stephens Green.
  • NIA of approximately 90.1 sq.m. (970 sq.ft.)
  • Let to Nationwide Building Society trading as Nationwide UK (Ireland)
  • 10 year IRI lease commenced on 05 February 2010.
  • Mutual break option on 05 February 2017.
  • Current income of €58,000 per annum

Lot 2 – 12 Merrion Court

  • Prime city centre mixed use investment, situated in a very sought after location.
  • Total NIA of approximately 348 sq.m. (3,746 sq.ft.)
  • Ground floor restaurant of 182.3 sq m, with five residential units at first floor.
  • Let to Petrolo Limited trading as Unicorn Restaurant on a new 4 year and 9 month lease commencing 03 June 2013.
  • Residential units let under standard residential tenancy agreements for a fixed 12 month period.
  • Combined rent of €244,000 per annum
  • Planning permission for mixed use development comprising 1,416 sq m.

Lot 3 – 16 Hume Street

  • High quality Georgian office building finished to an exceptional standard.
  • NIA of approximately 155.7 sq m (1,676 sq ft)
  • Let to Holmes O’Malley Sexton Solicitors on a 4 year and 9 month lease from 05 August 2010.
  • Current income €40,000 per annum.
  • Prestigious city centre address next to St. Stephens Green and all amenities.
  • Short term income with potential to owner occupy.
  • Opportunity to convert to residential use.

Lot 4 – 5 Westmoreland Street

  • Prime city centre retail unit with high footfall
  • NIA of approximately 110.3 sq m (1,187 sq ft)
  • Let to Claddagh Records Limited on a 20 year lease commencing May 2014
  • Current income of €40,000 per annum.
  • Mutual break option in May 2016.