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Merrion Portfolio

   

Location

13 Merrion Row holds a high profile location next to St Stephens Green in the heart of Dublin’s Central Business District, surrounded by numerous landmark properties including the Shelbourne Hotel, Government Buildings, National Concert Hall and Mansion House. Merrion Row benefits from high levels of pedestrian and vehicular traffic as a result of its prime location and route joining Baggot Street Lower & Merrion Street Upper.

The surrounding vicinity is home to a number of high profile corporate occupiers which include: Maples & Calder, Davy, Arthur Cox, Aviva, Deloitte, ESB International, KPMG, The Royal College of Surgeons as well as numerous Government departments.

Neighbouring retail occupiers include McNally Opticians, Spar, Bank of Ireland, Bon Espresso & News, Chopped, AIB, Dowlings Pharmacy, Hackett’s, Boots and Tesco. The immediate area is renowned for its impressive list of restaurants and bars including O’Donoghue’s, Doheny & Nesbitt’s, Unicorn Restaurant, Bang Restaurant, Ely Wine Bar, Pearl Brasserie, Restaurant Patrick Guilbaud and The Cliff Townhouse.

The area is extremely well served by public transport with Dublin Bus and Luas Green line services located at St. Stephen’s Green. There are numerous taxi ranks and multi storey car parks in the area.

Description

13 Merrion Row is a self-contained two storey building of traditional construction with pitched timber framed roof. The windows at first floor are single glazed timber framed with sliding sash to the front of the building. The ground floor shop front benefits from floor to ceiling height glazed panels and all internal walls are plastered & painted. The ground floor is laid out as a retail banking reception with two private meeting rooms. The first floor offices are open plan with staff kitchen and washroom facilities. Internally the fitout specification includes electric storage heating, cassette air conditioning, Cat 5 computer cabling, perimeter trunking, recessed lighting and carpet flooring throughout.

Tenancy

The property is let to Nationwide Building Society trading as Nationwide UK (Ireland) on a 10 year Internal Repairing and Insuring lease commencing 05 February 2010. There is a mutual break option at 05 February 2017. The passing contracted rent is €58,000 per annum.

Nationwide Building Society is a British mutual financial institution founded in 1884 and the largest building society in the world. Headquarter offices are located in Swindon, England, United Kingdom.

For the avoidance of doubt please note that this is an investment sale and the tenants are not affected.

    

    

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