Outline for the purpose of identification only No. 1

Savills

33 Molesworth Street

Dublin 2

D02 CP04

+353 1 618 1300

savills.ie

PSRA License: 002233

(HQ Gastro Bar & Nutbutter not Affected)

No. 1 Hanover Quay, Grand Canal, Dublin 2

LANDMARK LICENSED GASTRO BAR & RESTAURANT PROPERTY FOR SALE BY PRIVATE TREATY ON A SALE & LEASEBACK BASIS

Outline for the purpose of identification only

The Opportunity

A rare opportunity to acquire a substantial split level trading

licensed bar restaurant building on a ‘Sale & Leaseback’ basis

situated at No. 1 Hanover Quay, Grand Canal, Dublin 2.

The Location

Hanover Quay and the Grand Canal district is the among the

most coveted commercial locations in Ireland for investors and

commercial occupiers alike.

A testament to the areas commercial appeal is underpinned by

the variety of global companies based in the vicinity, coupled

with its thriving year-round tourist and business visitor market

serviced by the Dublin Convention Centre located nearby.

No. 1 Hanover Quay also has some impressive neighbours

including HSBC, Airbnb, Trip Advisor, Accenture, Facebook

and Twitter together with a host of leading Irish and

international legal and financial firms located within immediate

proximity.

The property occupies a landmark corner location on Hanover

Quay and enjoys unobstructed views of Grand Canal Dock to

the front, while immediately adjacent to the Marker Hotel and

the Bord Gais Energy Theatre, which alone attracts total

audiences of over half a million per year.

The areas appeal will be further enhanced with the proposed

U2 Museum situated nearby which is expected to attract

360,000 visitors annually

Consequently, Hanover Quay has also developed not just into

a highly regarded and renowned commercial hub for some of

the world’s leading companies, but also as a hugely popular

social, leisure and entertainment district for the areas working

professionals, residents and visitors.

SALE & LEASEBACK – No. 1 Hanover Quay Grand Canal Dublin 2

Home to some of the world’s leading tech, social media, financial and legal companies

Property Overview

No. 1 Hanover Quay is laid out over 2 trading levels.

The renowned HQ Gastro Bar occupies part ground floor and

the lower ground floor offering a magnificent open plan dining

space with feature wrap around glazing overlooking Grand

Canal Dock and feature outdoor terrace.

The remainder of the ground floor accommodates HQ’s sister

brand the hugely popular and multi-award winning Nutbutter

Descend the suspended feature staircase and enter an

exquisite casual dining/ lounge area which caters for a more

informal dining experience, group bookings and events, to

kitchen/ servery, store rooms and office. The lower level also

provides for patron and disabled w.c and passenger lift

serving both levels

Location Calibre


Opposite to Googles owner occupied European headquarters

Affluent Irish and international ABC1 demographic working and residing in the Docklands district

Situated close to Dublin Port which caters to over international 100 cruise liners each year

Host to the annual Dublin Docklands International Summer Festival

Nutbutter Forbes Street Entrance


The Mar

.

HQ & Nutbutter

IFSC

Grand Canal Dock

Capital Dock

Green DART Line

Red Luas Line

Proposed Cross Tunnel DART

.

.

..

.

.


Tenancy Details

Fulminis Ltd will enter into a new 20-year FRI lease term at an

annual rent of €300,000 per annum exclusive of rates,

insurance and service charge. The lease will provide for 5

yearly rent reviews, with a 10% fixed rental uplift at each

review and further provide for a Tenant break clause at year

15 of the term.

(The owner occupier acquired the property as a going concern

in 2015 and has been successfully trading since under its two

highly regarded brands HQ Gastro Bar and Nutbutter).

ACCOMODATION SCHEDULE

GIA Floor Area Schedule Sq ft Sq M

Ground Floor

HQ Gastro Bar & Nutbutter 4,240 394

Lower Ground Floor

HQ Gastro Bar & Ivana’s at HQ4,951 460

Total 9,191 854

All parties are specifically requested to satisfy themselves as to the accuracy

of the floor areas provided


Ground Floor Area Split GIA Sq ft Sq M

HQ Gastro Bar

Nutbutter

2,841 264

1,399 130

All parties are specifically requested to satisfy themselves as to the accuracy of the floor

areas provided

Not to scale: For identification purposes only


Lower Ground Floor Area GIA Sq ft Sq M

Ivana’s @ HQ, Kitchen, stores, w.c, disabled

w.c, office4,951 460

All parties are specifically requested to satisfy themselves as to the accuracy of the

floor areas provided

Not to scale: For identification purposes only

W.C Staff Changing Rooms

W.C

Storage

Kitchen

Savills

33 Molesworth Street

Dublin 2

D02 CP04

+353 1 618 1300

savills.ie

PSRA License: 002233

Stephen McCarthy Henry Roe

Head of General Retail Agency Surveyor

+353 1 618 1349 +353 1 663 4304

[email protected] [email protected]

IMPORTANT NOTICE

Savills, their clients and any joint agents give notice that:

▪ They are not authorised to make or give any representation or warranties in relation to the property either here or

elsewhere, either on their own behalf or on the behalf of their client or otherwise. They assume no responsibility for

any statement that may be made in these particulars. These particulars do not form part of any offer or contract and

must not be relied upon as statements or representations of fact.

▪ Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only an

are not necessarily comprehensive. it should not be assumed that the property has all necessary planning, building

regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy

themselves by inspection or otherwise.

FOR SALE & LEASEBACK – No. 1 Hanover Quay Grand Canal Dublin 2

Documents

Outline for the purpose of identification only No. 1