Telephone House, Marlborough Street, Dublin 1

FOR SALE BY PRIVATE TREATY

***Best Bid Date: 2pm 3rd March 2016***

Investment Summary

Substantial city centre office investment
100% let to single occupier
Annual rental income €968,084 plus VAT
Additional annual income of €16,000 from communication mast licences
Extends to approx. 7,504.1 sq.m. (80,773 sq.ft.) NIA
Fully let to HCL (Ireland) Information Systems Limited with full guarantee from HCL EAS Limited
10 year lease from 23rd July 2015 with tenant break option at 30/9/2021 & 30/9/2023
Full repairing and insuring lease
Renunciation of Renewal Rights
Superb parking provision of approx. 61 car spaces (1 space per 123.02 sq.m.)
Low base rent provides solid platform to drive rental growth
Opportunity for considerable Asset Management potential in the medium term

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