Property Overview
- Features
- Location
- Viewing Details
The subject property comprises a four storey over basement mid-terraced building with retail use at ground, car parking on the surface and at basement levels and office use in the rest of the building. The building is constructed with a reinforced concrete frame incorporating concrete floors, upvc double glazed windows throughout the upper floors and timber frame shop fronts at ground floor level.
– Concrete construction
– Double glazed windows
– Suspended grid ceilings and tile ceiling systems
– One passenger lift serving all floors including the basement
– Air conditioning to office areas
The subject property comprises a four storey over basement mid-terraced building with retail use at ground, car parking on the surface and at basement levels and office use in the rest of the building. The building is constructed with a reinforced concrete frame incorporating concrete floors, upvc double
The subject property comprises a four storey over basement mid-terraced building with retail use at ground, car parking on the surface and at basement levels and office use in the rest of the building. The building is constructed with a reinforced concrete frame incorporating concrete floors, upvc double glazed windows throughout the upper floors and timber frame shop fronts at ground floor level.
– Concrete construction
– Double glazed windows
– Suspended grid ceilings and tile ceiling systems
– One passenger lift serving all floors including the basement
– Air conditioning to office areas
- Prominent five storey over basement terraced building on the west side of South William Street
- Located in the heart of Dublin’s retail and leisure core within the Creative Quarter
- 100% occupied with over 90% of the passing rent coming from AA Ireland
- Held under four leases with a current passing rent of €611,730 per annum and a WAULT of 5.9 years
- Net internal area of 1,414.3 SqM (15,224 SqFt) with 22 car parking spaces at surface and basement level
- Future development potential (subject to planning permission and vacant possession)
- Offers are sought in excess of €9,000,000 which represents a net initial yield of 6.27% after allowing for standard acquisition costs at 8.46%.
The original development of South William Street took place in 1685 as a residential area. In the 1970s, both South William Street and Drury Street became synonymous with clothing wholesale and some manufacturing. Today these streets and the surrounds have been branded Dublin’s Creative Quarter and are home to a mix of shops,businesses, galleries, restaurants, bars, studios and boutiques.
South William Street runs parallel to Grafton Street and experiences high volumes of footfall and vehicular traffic. Maryland House is located on the west side of South William Street close to its junction with Castle Market.
The immediate area has a wide offering of retail shops, cafes and restaurants with office and ancillary uses overhead. The Powerscourt Townhouse Centre is less than 50 metres from the subject property. Other notable occupiers in the immediate area include Sole Seafood & Grill, The South William Bar, Benefit Cosmetics, Grogans, Farrier and Draper and Clement and Pekoe.
The original development of South William Street took place in 1685 as a residential area. In the 1970s, both South William Street and Drury Street became synonymous with clothing wholesale and some manufacturing. Today these streets and the surrounds have been branded Dublin’s Creative Quarter and
The original development of South William Street took place in 1685 as a residential area. In the 1970s, both South William Street and Drury Street became synonymous with clothing wholesale and some manufacturing. Today these streets and the surrounds have been branded Dublin’s Creative Quarter and are home to a mix of shops,businesses, galleries, restaurants, bars, studios and boutiques.
South William Street runs parallel to Grafton Street and experiences high volumes of footfall and vehicular traffic. Maryland House is located on the west side of South William Street close to its junction with Castle Market.
The immediate area has a wide offering of retail shops, cafes and restaurants with office and ancillary uses overhead. The Powerscourt Townhouse Centre is less than 50 metres from the subject property. Other notable occupiers in the immediate area include Sole Seafood & Grill, The South William Bar, Benefit Cosmetics, Grogans, Farrier and Draper and Clement and Pekoe.
By Appointment
Accommodation
| Floor | Net Internal Area SqM | Net Internal Area SqFt | IPMS 3 (Office) Area SqM | IPMS 3 (Office) Area SqFt |
|---|---|---|---|---|
| 4th Floor | 233.9 | 2,518 | 350.2 | 3,770 |
| 3rd Floor | 357 | 3,843 | 361.4 | 3,890 |
| 2nd Floor | 359.7 | 3,872 | 364.8 | 3,927 |
| 1st Floor | 359.9 | 3,874 | 364.9 | 3,928 |
| Ground (Sth William St) | 33.5 | 361 | ||
| Ground (Drury St) | 45 | 484 | ||
| Mezzanine (Drury St) | 25.3 | 272 | ||
| Total | 1,414.30 | 15,224 | 1,441.30 | 15,515 |
You may also like
Lisney Commercial
Services
- Map
- Street View