ONE ROW GRANTS OUTSTANDING MULTI-LET CITY CENTRE OFFICE INVESTMENT - JLL Property
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ONE
GRANTS
ROW DUBLIN 2
OUTSTANDING
MULTI-LET
CITY CENTRE
OFFICE
INVESTMENT
ON THE INSTRUCTIONS OF KEN TYRRELL, RECEIVER, PwC
JLL ARE DELIGHTED TO PRESENT
ONE GRANTS ROW
AN EXCEPTIONAL OPPORTUNITY TO
AVAIL OF A MODERN OFFICE BUILDING
GA
RD
MAR
WITH ASSET MANAGEMENT POTENTIAL
INE
CONNOLLY
RS
STATION
LBO
ET
TL
T RE
ROU
OW
NS S
ER
GH S
O'CO
AMIE
T
NNE
CAPE
BUS STATION
IFSC
LL S
GUILD STREET
LS
LUAS
TRE
S
REET LUA
TREE
Y ST
ENR
ET
H
LOCATION
T
ER CUSTOM
T T LOW
REE EY S HOUSE
Y ST ABB
MAR CUSTOM HOUSE QUAY
MID DLE
The property is on Grants Row immediately beside
R
AB Lower Mount BEY ST
EDEN
QUAY
River Lif
E fey
UPP GEORGE'S QUAY
Y ST GH Q
UAY
Street. Grants Row runs on a perpendicular axis between Lower
CITY QU
CAPE
E
ABB
TARA STREET
ALK BUR TARA STREET AY
R SW
ELO fey STATION
CH
LS
BA L if SIR JOHN ROG
er AY ERSON’S QUA
Ri v
Mount Street and Grand Canal Street and is in a very accessible QU Y
TREE
T
ON
REE
AST SIR JOHN RO
LOWER GERSON’S QU
AY AY
D ST
ND QU
T
ORMO TOWNSEND STREET
location by virtue of its proximity to public transport in the area.
EET
AY
BAR
Ri v e QU
r L if QUAY TON
fe OND NG
BENSON STR
y ORM LI
WEL
LOM
INN'S QUAY
PEA
RSE
STR
Additionally due to its location at Mount Street it does not suffer
AY
ESSEX QU EET
MERCHANTS QUAY
QUAY WOOD
HANOVER QUA
Bord Gáis Y
QUAY
Theatre
from some of the congestion currently being experienced in other
LUA
S CRO
AL
Grand
PEA
GEORGES STREET
RSE
GRAND CAN
Canal
EET
STR
SS CITY
EET
W
parts of the city.
TRINITY
PEARSE STREET
D RO
MACKEN STR
COLLEGE STATION
DUBLIN
TLAN
ESTATE NAS PEARSE
SAU STREET
STR
WES
EET
ONE
ET
The overall area is predominantly in office use with adjoining
TRE
FENIAN
GRANTS
STREET
EET
PATRICK STREET
ST SOUTH DOCK
ROW
NS
FR
STREET PARK
BARROW STR
AN
FTO
ET
DUBLIN 2
occupiers including the Irish Dairy Board, OPW, Irish Pension ME
CES
N
STRE
RR
GRA
DAWSO
ION LO
WE
STR
SQ RG
STREET
Board and An Bord Gais. The area is undergoing a significant
ARE
NO RA
R
RT
EET
UP
H ND GRAND CANAL
CA
KILD
MERRION
ST
NA DOCK STATION
SQUARE LS
enhancement with proposals for the full refurbishment for the
ST S ION ME
AUNGIER
S
T
LUA
TEP RR
HEN ION LO
RR
S SQ WE
GRE RM
ME
EN SO OU
Clanwilliam Court development, the refurbishment of Grattan NOR UT NT
TH H
ST
RE
T
EAS
ET
BAG
House which is immediately to the front of One Grants Row together GOT
EN
STR
ST STEPHENS GREEN EET
GRE
with the current ongoing refurbishment of 7 Grand CanalSTStreet.
CUFFE ST
NS
STE PEPPERCANISTER
PHE
PHE
NS
GRE
STE
EN
CAMDE
SOU
ST
TH
LW
R
BA
SHEL
N ST LW
D
GG
OA
NR
OT
TO
BOUR
ING
ST
IVEAGH
R
.
D
LE
GARDENS AD
ST
H
ES
NE R
ON
SSIL
ST
RA
RE
NB
ET
DESCRIPTION
CLA
LO
CAMDE
WE
D
R
OA
IL R PEMBROKE
SP
N ST UP
ROAD
ME
The property is a four storey modern
ROAD
CIR CULAR
R
SOUTH office building extending to 15,244 sq.ft
and 10 car parking spaces . It was
LUA
DE
ARA
DP
S
AN
GR
constructed
SU
SS
EX
c.2002 and has raised access
RO
floors, suspended
AD
acoustic tile ceilings
and is fitted with four pipe fan coil air
conditioning. The building is accessed via
a glazed entrance atrium and there are two HERBERT
PARK
passenger lifts serving all floors. A bicycle
store, telecommunications and plant
switch rooms are all located
in the basement area.
F
ONE
GRANTS
ROW DUBLIN 2
ACCOMMODATION TYPICAL FLOOR PLAN
The Net Internal Floor Area:
FLOOR SQ.M. SQ.FT.
Ground 375.16 4,038
First 378.82 4,078
Second 383.28 4,126
Third 278.95 3,003
TOTAL 1,416.21 15,244
All intending purchasers/tenants are specifically
advised to verify the floor/site areas and
undertake their own due diligence.
GRANTS ROW
TENANTS
Termination Current Rent Review Demise Cars
Demise Tenant Lease Break Option
Date Rent PA Date Sq Ft Spaces
Carole Nash 11/08/2015
Ground 25 years from
Insurance 11/08/2030 11/08/2020 €159,656 12/08/2015 4,038 2
Floor 12/8/2005
Consultants (12 months notice)
9 years 11
First Pobal Months from 20/05/2017 N/A €167,039 21/06/2012 4,078 2
Floor 21/06/2007
Second Flynn O’Driscoll 5 Years from 31/03/2016 N/A €74,500 N/A 4,126 1
Floor Business Lawyers 01/04/2011
Third Structured Finance 10 years from 05/09/2016
05/09/2021 €79,500 06/09/2016 3,003 3
Floor Mgt (Ire) Ltd 06/09/2011 (6 months notice)
Termination Current Rent Review
Tenant Lease Break Option Cars Spaces
Date Rent PA Date
Car Rolling
Private 1 month NA €1,440 NA 1
Space 1 month
Car Vacant 1
Space
Outstanding Asset Management Opportunity
Total Income €482,135
15,244 Sq.Ft. & 10 car spaces
Modern office block
Tenure
We understand the property is
part freehold and part long leasehold.
BER Rating
BER No: 800354862
429.16 kWh/m²/yr
VAT
Purchaser will need to be VAT registered.
Contact
For further information or
inspection please contact:
W: www.jll.ie T: +353 1 6731600 F: +353 1 6795147
Max Reilly Declan Sexton Emma McGahern
E: max.reilly@eu.jll.com E: declan.sexton@eu.jll.com E: emma.mcgahern@eu.jll.com
The particulars and information contained are for guidance only and may be subject implied with respect to the particulars
in this brochure are issued by Jones Lang to change, without prior notification. The and/or information and which are to the
LaSalle on the understanding that all particulars and information are given in fullest extent permitted by law, disclaimed;
the negotiations are conducted through good faith but no intending purchaser/ furthermore, such parties accept no
them. Whilst every care has been taken tenant should rely on them as statements liability in respect of any loss suffered by
in the preparation of the particulars and or representations of fact and is specifically any intending purchaser/tenant or any
information they do not constitute an advised to undertake its own due diligence third party arising out of the particulars or
invitation to treat, an offer or a contract (at its own expense) to satisfy itself as to information. Prices are quoted exclusive
of any nature whether express or implied. the accuracy and/or correctness of the of applicable taxes such as VAT (unless
All descriptions, dimensions, maps, particulars and information given. None of otherwise stated) and all negotiations are
plans, artists’ impressions, references to Jones Lang LaSalle, its employees, agents conducted on the basis that the purchaser/
condition, permissions or licences of use or affiliate companies, makes any warranty lessee shall be liable for any applicable
or occupation, access and other details or representations whether express or taxes or VAT arising out of the transaction.
t 01 845 9925
e info@avalanchedesign.ie
w www.avalanchedesign.ie
PSRA number: 002273 Brochure design by
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