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By Private Treaty Georgian Office Investment - Tenant Not Affected 15 Belvedere Place, Dublin 1 D01 V045

15 Belvedere Place, Dublin 1 D01 V045s3-eu-west-1.amazonaws.com/mediamaster-s3eu/0/2/02ad36e953fa… · boardroom at first floor level and cellular offices on the 2nd floor. • The

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Page 1: 15 Belvedere Place, Dublin 1 D01 V045s3-eu-west-1.amazonaws.com/mediamaster-s3eu/0/2/02ad36e953fa… · boardroom at first floor level and cellular offices on the 2nd floor. • The

By Private Treaty

Georgian Office Investment - Tenant Not Affected15 Belvedere Place, Dublin 1 D01 V045

Page 2: 15 Belvedere Place, Dublin 1 D01 V045s3-eu-west-1.amazonaws.com/mediamaster-s3eu/0/2/02ad36e953fa… · boardroom at first floor level and cellular offices on the 2nd floor. • The

Description• 15 Belvedere Place is a three storey over basement mid-terraced Georgian

building extending to approximately 2,215 sq. ft. NIA.• The building is in office use throughout and the basement benefits from separate

access. There is an open plan office layout at basement level. The ground floor is made up of cellular offices with a kitchen to the rear. There is an office and boardroom at first floor level and cellular offices on the 2nd floor.

• The property benefits from 4 car spaces in the rear yard providing scope for development to the rear of the property, subject to planning permission.

Location• 15 Belvedere Place is located on the north side of Belvedere Place in the heart of

Dublin City Centre between Mountjoy Square and the North Circular Road. The property is located just minutes from O’Connell Street and The IFSC, Dublin’s main financial district.

• The area is well serviced by public transport, the Luas and DART are a short walk and the property is close to several main bus routes.

Tenancy Summary• Georgian office investment opportunity• Single let to Waldermar Limited t/a Wheels We Deliver under a 21 year full

repairing and insuring lease expiring May 2021.• Wheels We Deliver is a long established company providing transport solutions

nationally and internationally• The passing rent is €65,000 p.a. for remainder of the term• Surrounding occupiers in the area include Karl McDonald Accountants, Dorset

College Dublin and Matt Talbot Credit Union Ltd.

Location Map

Page 3: 15 Belvedere Place, Dublin 1 D01 V045s3-eu-west-1.amazonaws.com/mediamaster-s3eu/0/2/02ad36e953fa… · boardroom at first floor level and cellular offices on the 2nd floor. • The

DCC Development Plan 2016 - 2022 : Map E

Accommodation ScheduleNET INTERNAL AREA SQ FT SQ M

Basement 655 60.85

Ground Floor 535 49.70

1st Floor Office 511 47.47

2nd Floor Offices 514 47.75

Overall Total 2,215 205.78

All intending purchasers/tenants are specifically advised to verify the floor areas and undertake their own due diligence

Development PotentialThe building is zoned Z8 - “To protect the existing architectural and civic design character, and to allow only for limited expansion consistent with the conservation objective” while the rear yard, with access onto Fitzgibbon Lane, is zoned Z1 - “To protect, provide and improve residential amenities”. Precedent in the immediate area would suggest development potential, subject to planning permission. 16 Belvedere Place has an extensive 3 storey extension to the rear of the main building while still maintaining parking for 2 cars.

The rear yards of 17 & 18 Belvedere Place have been amalgamated and are being developed into a 3 storey structure comprising 3 no. residential units to include parking for 2 cars.

Page 4: 15 Belvedere Place, Dublin 1 D01 V045s3-eu-west-1.amazonaws.com/mediamaster-s3eu/0/2/02ad36e953fa… · boardroom at first floor level and cellular offices on the 2nd floor. • The

Fiachra [email protected]

Ronan [email protected]

Max [email protected]

Title

Freehold

Solicitors

Niall BlackRichard Black SolicitorsBeechfield HouseClonee Main StreetDublin 15

BER

Exempt

Planning

The property is zoned Z8 Georgian Conservation Area and Z1 Residential under the 2016 - 2022 Dublin City Development Plan

+353 1 6731600

For further information or inspection please contact :

DISCLAIMERThe particulars and information contained in this brochure are issued by Jones Lang LaSalle on the understanding that all the negotiations are conducted through them. Whilst every care has been taken in the preparation of the particulars and information they do not constitute an invitation to treat, an offer or a contract of any nature whether express or implied. All descriptions, dimensions, maps, plans, artists’ impressions, references to condition, permissions or licences of use or occupation, access and other details are for guidance only and may be subject to change, without prior notification. The particulars and information are given in good faith but no intending purchaser/tenant should rely on them as statements or representations of fact and is specifically advised to undertake its own due diligence (at its own expense) to satisfy itself as to the accuracy and/or correctness of the particulars and information given. None of Jones Lang LaSalle, its employees, agents or affiliate companies, makes any warranty or representations whether express or implied with respect to the particulars and/or information and which are to the fullest extent permitted by law, disclaimed; furthermore, such parties accept no liability in respect of any loss suffered by any intending purchaser/tenant or any third party arising out of the particulars or information. Prices are quoted exclusive of applicable taxes such as VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchaser/lessee shall be liable for any applicable taxes or VAT arising out of the transaction.

PSRA Licence: 002273