Knight Frank | Merrion Portfolio

Merrion Portfolio

16 Hume Street

THE OPPORTUNITY

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.

16 Hume Street presents a rare investment opportunity to acquire a stunning office building in Dublin’s most sought-after location.

LOCATION

The prestigious address is at the epicentre of so much that Dublin City has to offer - the vibrant street life makes this a lively and energetic location for business and entertainment with the benefit of superb transport links on its doorstep.

St. Stephen’s Green is serviced by numerous Dublin Bus routes and Luas Green line. Dublin Bus connects St. Stephen’s Green with the national rail line at Heuston and Connolly Stations. Pearse Street DART station is within walking distance. Numerous taxi ranks and multi storey car parks are located in the area. St. Stephen’s Green is also serviced by two Dublin Bikes stations.

Prominent occupiers within the vicinity include Government Buildings, National Art Gallery, Trinity College and the National Museum of Ireland. The locality also offers a number of international hotels with the Merrion Hotel, Shelbourne Hotel, Davenport Hotel and Mont Clare Hotel all located nearby as well as the magnificent parks at St. Stephen's Green, Fitzwilliam Square and Merrion Square.

The property benefits from a wealth of amenities in the area. St. Stephen's Green Shopping Centre and Grafton Street offer an international range of retail a short stroll away. The immediate area is also well catered for numerous cafes, bars and restaurants.

DESCRIPTION

16 Hume Street is a classical four-storey over lower ground format with many original features retained. The building extends to approximately 155.7 sq m (1,676 sq ft) in total. The office accommodation is fitted to superb standard throughout with an impressive reception at ground level. The property benefits from rear access to Merrion Court and Merrion Row from lower ground level.

TENANCY

Holmes O’Malley Sexton Solicitors occupy the ground, first, second and third floors on a 4 year and 9 month Internal Repairing and Insuring lease from 5th August 2010. The passing rent is €40,000 per annum. Holmes O'Malley Sexton Solicitors are an Irish law firm with offices in Limerick and Dublin.

The lower ground level is occupied by Unicorn Restaurant for offices and storage use, by way of separate rear access to the property.

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

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