Categories: Industrial, Investment.
Property status:
For Sale
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  • Overview

    • Overview

       

      Commercial Premises and Site formerly occupied by Harcourt Printing, South Richmond Street, Dublin 2

      Comprising:

      • Yard to the rear of 17 South Richmond Street, Dublin 2
      • Property at 18 South Richmond Street, Dublin 2
      • Property at 19 South Richmond Street, Dublin 2
      • Site/Car Park at 20 & 20a South Richmond Street, Dublin 2
      • Site/Car Park at rear of 21 South Richmond Street, Dublin 2

       

    • Location

       

      The properties benefits from access off south Richmond Street and Gordons Lane to the side and rear.

      Located on South Richmond Street near  the junction with Lennox Street. Charlemont Street is to the rear.

      High profile occupiers in the locality include Aviva, Barclays, Regus, Bank of America, Ernst & Young and Investec.

      The established residential areas of Rathmines, Portobello and Lennox St are within walking distance.

  • Details

    • Description

       

      The property includes the commercial premises of the former Harcourt Printing & Office Supplies together with the adjacent car park. The existing commercial property extends to approx. 520 sq.m (5,597 sq.ft.) gross internal area and comprises recently refurbished serviced offices on the first floor with vacant retail/workshop space on the ground floor. The serviced offices are currently rented under a number of short-term licences expiring September 2017. The adjacent site is currently being used as a car park and measures approx. 0.11 acres.

    • Planning

       

      The properties are located in the area zoned Z10 within the Dublin City Development Plan 2016-2022. Objective Z10 “To consolidate and facilitate the development of inner city and inner suburban sites for mixed-use development of which office, retail and residential would be the predominant uses”.

      The property has development potential for a number of schemes including residential apartments, modern offices or the existing building could be refurbished to suite office/printing or retail/restaurant use (subject to planning permission). An architect’s feasibility study has been undertaken on both site for a mixed-use development.

       

    • Title

       

      We understand that all of the properties are held under long leases (450 plus years remaining) with the exception of the rear of No. 17 South Richmond Street (which is under a freehold title) and the Rear of No. 21 South Richmond Street (which is held under a sub-lease of 126 years duration from August 1920).

    • Viewings

       

      Prior Appointment through Murphy Mulhall

  • Financials

    • Quoting Price

      €2,250,000
  • Contact

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