The Victoria Buildings, No. 1-2 Haddington Road, comprises two interconnected buildings on the prominent corner of Baggot Street Lower and Haddington Road. The original period building has an attractive red brick façade with the modern element providing a well-designed contrast between old and new.

The restaurant is let on a 25 year lease from April 2008, to Agenbite Limited, trading as Milano, with circa 9 years term certain income. The lease incorporates 5 yearly upward only reviews. The current passing rent is €230,000 per annum.

The upper floors of the period element are currently let on a room by room basis as offices under annual licence agreements, currently producing €50,400 per annum.

The ground, first and second floor accommodation in the modern office building is currently vacant. This offers the opportunity for an investor to capitalise on the rental growth currently being experienced in the office market.

The third floor is let to “Scale Up” on a lease due to expire in August 2017 with a passing rent of €76,500.

The overall passing rent is currently €356,000 per annum.

We are guiding a price of €6,750,000 (Six million, seven hundred and fifty thousand Euro) Subject to Contract/ contract Denied

For the avoidance of doubt please note that this is an investment sale therefore all tenants are unaffected.

In accordance with standard practice, please note that no contract shall exist or be deemed to exist until contracts have been signed and exchanged between the parties and deposit paid.