FOR SALE BY PRIVATE TREATYPrime Investment Opportunity

Tenants not affected

Dawson Street

DUBLIN 2

26-28

26-28 Dawson Street

High profile retail/office investment on Dawson Street

Superb location just metres from Dawson Street’s junction with St. Stephen’s Green

Extending to 414 sq m / 4,459 sq ft (NIA)

This is a purpose built office/retail building designed by George Patrick Sheridan PP-RIAI

Fully let producing €221,201 per annum

Dawson Street has undergone major rejuvenation in recent years enhancing its appeal

No’s 26 – 28 Dawson Street comprises a four-storey over basement mid terraced building. The accommodation extends to 414 sq m (4,459 sq ft) NIA. The ground floor comprises two interconnected retail units plus a café / sandwich bar. Both units have generous frontage to Dawson Street of 18.5 metres. The basement is used for associated storage and ancillary uses while the three upper floors comprise of office space. The upper floors are accessed via a separate entrance lobby from Dawson Street with a separate feature staircase linking all upper floors. The upper floors were originally designed for office use and comprise bright air-conditioned office space.

According to the Irish Architectural Archive, this building dates from 1910 and was designed by renowned architect George Patrick Sheridan who had a thriving practice in Dublin at the time. He later became the President of the RIAI.

The building was commended as ‘a remarkably good example of clever planning of offices with excellent lighting’ in the Irish Builder magazine of the time. The decorative panels to the front elevation were cast in lead off-site and may comprise the earliest Irish example of curtain walling. The building is in excellent condition.

The Property

Stairs to Basement

Ground Floor No. 2838 sq m / 409 sq ft

Ground Floor No. 27 36 sq m / 387 sq ft

FLUE

Room 116 sq m / 172 sq ft

Room 223 sq m / 247 sq ft

Room 321 sq m / 226sq ft

Room 427 sq m / 291 sq ft

Circulation Area13 sq m / 140 sq ft

Flat Roof at First Floor Level

Tenancy Schedule

Part Ground Floor First Floor

Accommodation

FloorsNet Internal Areas (NIA)

Floor Use Area sq m Area sq ft

Basement Storage / Ancillary 111.95 1,205

Ground Retail / Cafe 95.87 1,032

First Office 86.96 936

Second Office 85.94 925

Third Office 33.54 361

Total 414.26 4,459

Any purchaser will need to satisfy themselves as to the accuracy of the floor area by measuring or otherwise.

Floor Tenant Lease Term Start Date Lease Expiry Contracted Rent Next/Outstanding Rent Review

Ground & Basement

Celtic Whiskey Shop Limited 20 years 1st May 2019 30th April 2039 €120,000 pa 1st May 2024

Ground & Basement Beanhive Café 35 years 1st October 1993 30th September

2028 €32,000 pa 1st October 2023

First Davy Hickey Properties Ltd 25 1st November 1998 31st October 2023 €32,149 pa 1st November 2018

Second Davy Hickey Properties Ltd 25 1st November 1998 31st October 2023 €24,352 pa 1st November 2018

Third Davy Hickey Properties Ltd 35 1st January 1992 31st December

2026 €12,700 pa 1st January 2017

The whiskey shop rent review is market rent. All other rent reviews are upwardly only.

N

The property is situated on the southern end of Dawson Street close to its junction with St. Stephen’s Green. Dawson Street is a busy thoroughfare that runs in a north / south direction parallel to Grafton Street. The street has a vibrant mix of uses including retail, restaurants and cafés, offices, hotel, leisure, entertainment and educational. It forms an important part of the south city centre retail core that is centred on Grafton Street. The proximity to Grafton Street has resulted in a strong retail and food & beverage presence on the street.

The street has and continues to undergo huge change with several large office redevelopments. The completion of the Luas Cross City line has also transformed the street. The Ivy restaurant and refurbished Café En Seine have recently opened on the street adding to the areas overall appeal.

The immediate area benefits from excellent public transport links including the Luas Cross City which stops on Dawson Street and St. Stephen’s Green. The DART station is located a short walk away at Pearse Street and numerous buses stop on Dawson Street and adjacent streets. There are several multi-storey car parks nearby.

Nearby occupiers on the street include The Dawson Lounge, Peruke & Periwig, The Dawson Hotel, Joshua House office and The Mansion House.

A Vibrant Neighbourhood

1. Cafe en Seine

2. Fire Restaurant

3. The Mansion House

4. The Dawson Hotel

5. Peruke & Periwig

6. Marco Pierre White

7. The Royal Irish Academy

8. Davy Group

9. The Ivy Restaurant

10. Barclays Ireland

11. AIB Corporate Finance

12. Hodges Figgis Books

13. Joshua House

14. St. Stephen’s Green

15. St. Stephen’s Green SC

16. Royal College of Surgeons

17. The Fitzwilliam Hotel

18. The Shelbourne Hotel

19. Grafton Street

20. Trinity College

Location

Dawson Street

DUBLIN 2

26-28

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Protected Structure The property is listed on Dublin City Council’s protected structures list numbers 2258 26, 2259 27, 2260 28.

BER

Solicitor Paul W Keogh, Paul W Keogh Solicitors 103 Baggot Street Lower, Dublin 2 T: 01 676 4888

Title We understand the property is held freehold.

Dataroom Full details are available on the dedicated data room: 26-28dawsonstreet.com

Guide Offers in excess of €4.75 million reflecting an initial yield of 4.3% after allowances for standard purchasers costs of 8.46%.

No Contract Note that our client is not obliged to accept the highest or any offer received and as you will appreciate, no contract shall exist or deem to exist until such time as formal contracts have been executed and exchanged and deposit paid. These details do not form part of an offer or contract.

Viewing Strictly by appointment with sole selling agents.

Well Connected

The sole agent and the Vendor/Lessor give note that the particulars and information contained in this document do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this document intending purchasers, Lessees or any third party should not rely on particulars and information contained in this document as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither HWBC or any of their employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither HWBC or any of their employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/lessees or any third party arising from the particulars or information contained in this document. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. We are advised that no VAT shall arise on this sale and all parties need to satisfy themselves on this matter.

Gavin Brennan gbrennan@hwbc.ie

Kieran Curtin kcurtin@hwbc.ie

80 Harcourt Street, Dublin 2

T: 01 775 0500

www.hwbc.ie

PSRA Number 002098

Nassau Street

Pearse Street

Fleet Street

D’olier Street

Aston QuayBachelor’s Walk

Liff

ey S

t Low

er

Custom House Quay Custom House Quay

Am

iens

Str

eet

Com

mon

s St

reet

Exch

ange

Pla

ce

May

or S

tree

t Low

er Sheriff Street Lower

Harbourmaster Place

Sheriff Street Lower

Orie

l Stre

et U

pper

Talbot Street

Gar

dner

Str

eet L

ower

O’c

onne

ll St

reet

Upp

er

Foley Street

Railway StreetSean Macdermott Street Lower

Portland Row

North Circular Road

North Circular Road

Russ

ell S

tree

t

Summerhill

Gardiner Row

Summerhill Parade

North St

rand R

oad

North St

rand R

oad

Mountjoy Square South

Townsend StreetTownsend Street

Hanover Street East

Poolbeg St

George’s QuayCity Quay

Sir John Rogerson’s Quay

Tara

Str

eet

Luke

St

Mar

k St

reet

Mos

s St

reet

Suffolk St

Dame StreetCollege Green

Gra

fton

Str

eet

Clar

endo

n St

reet

Mer

cer S

t Upp

er

Mer

cer S

t Low

er

Cuffe Street

Wex

ford

Str

eet

Aun

gier

Str

eet

Montague St

Sout

h W

illia

m S

tree

t

Merrion Row

Hume St

Ely

Plac

e

St Stephen’s Green South

Leeson St Lower

St S

teph

en’s

Gre

en E

ast

Earls

fort

Ter

race

Fitz

willi

am S

t Upp

er

Baggot Street Lower

Cumberland Road

Hatch Street Upper

Setanta Place

Kild

are

Stre

et

Molesworth St

Clare Street

Merrion Square North

Merrion Square South

Mount Street Upper

Mer

rion

Stre

et U

pper

Lad

Lane

Pembroke Row

Lad

Lane

Upp

er

Herbe

rt St

reet

Jam

es S

treet

E

Herbert

Place

Percy P

lace

Percy P

lace

Fitzwilliam Lane

Mer

rion

Squa

re W

est

Mer

rion

Squa

re E

ast

Step

hen’

s Pla

ce

Hol

les

Stre

et

Erne

Str

eet U

pper

Erne

Str

eet L

ower

Pearse Street

Grand Canal Bridge

Lim

e St

reet

Hogan Place

Boyne Street

Pearse Street

Cum

berla

nd S

t

Wes

tland

Row

Lom

bard

Str

eet E

ast

Mer

rion

St L

wr

Wicklow St

Crampton Quay

TAR ASTR EET

STATION

PEARSESTREET

STATION

GRAND CANAL DOCK

STAT ION

Burgh Quay

Eden Quay

St Stephen’s Green North

Baggot Lane Shelbourne Avenue

Shelbourne Road

Bath Avenue

Haddington Road

Mespil Road

Hey

tesb

ury

Stre

et

Raym

ond

Stre

et

St Thomas Road

Rutledge Terrace

Osc

ar S

quar

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Arde

e St

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JOHN STREET SOUTH

Mea

th S

tree

t

Fran

cis

Stre

et

Nic

hola

s St

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Patr

ick

Stre

et

Brid

gefo

ot S

tree

t

High Street

Ship Street Great

Lord Edward Street

Golden Lane

Mill Street

St Luke’s Avenue

Usher’s Quay

Arran Quay

Bow

Str

eet

Mary’s Lane

Mary Street Little

Henry Street

May’s LaneSmith

field

Que

en S

tree

tG

rang

egor

man

Low

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Hammond Lane

Merchant’s Quay

Inns Quay

Wood QuayEssex Quay

Ormond Quay Upper

Cap

el S

tree

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Cap

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Cha

ncer

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Arr

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Chu

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Stre

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Parli

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EARL STREET SOUTHNew

Row

S

New

Brid

e St

reet

Peter Street

Bishop Street

Blac

kpitt

s

Camden Row

Pleasants Street

Grantham Street

Wilton Terrace

Lansdowne Park

Northum

berland Road

Cranmer Lane

Gordon Street

Barr

ow S

tree

t

South Dock Street

Hanover Quay

Sir John Rogerson’s Quay

RIVER LIFFEY

GRAND CANAL

ROYAL CAN

AL

RIV

ER

DO

DD

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Forb

es S

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Asg

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Road

Sam

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ecke

tt B

ridge

Sean

O’c

asey

Brid

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Tom

Cla

rke

Brid

geEa

st W

all R

oad

East

Wal

l Roa

d

East Wall Road

Eastpoint Street

Eastpoint Street

East

poin

t Str

eet

Promenade Road

Tolka Quay Road

Alexandra Road

Alexandra Road

North Dock North Dock

Cas

tlefo

rbes

Roa

d

New

Wap

ping

Str

eet

Park

Lan

ePa

rk L

ane

Gui

ld S

tree

t

Seville Place

York Road

North Wall Quay

North Wall Quay

Sheriff Street Upper

East

Roa

d

Seaview Avenue East

West Road

West Road

Wes

t Roa

d

Mer

chan

t’s R

oad

Ravensdale Road

St Mary’s Road

Church Road

Bargy Road

Green Street E

Bens

on S

tree

t

Gra

nd C

anal

Qua

y

Mac

ken

Stre

et

Gra

nd C

anal

Qua

y

Car

diff

Lan

e

Hanover Street East

Sout

h Lo

tts

Rd Fitwilliam

Quay

Cambridge Road

Pigeon House Road

Ringsend Road

Stephen’s Lane

Long Lane

Clan

bras

sil S

treet

Low

er

Blac

kpitt

s

New

Str

eet S

outh

Kevin Street Upper

The Coombe

Thomas Street

Oliver Bond Street

Low

er B

ridge

St

Win

etav

ern

Stre

et

Kevin Street Lower

MerrionSquare

FitzwilliamSquare

Trinity College

IveaghGardens

Parnell Street

Parnell Street

Dorse

t Stre

et

Granby Row

Berkeley Street

Phib

sbor

ough

Roa

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Parnell Square East

Dominick Street Upper

King’s Inn Street

King

Stre

et N

orth

Con

stitu

tion

Hill

Chur

ch S

tree

t Upp

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Brunswick Street North

King Street North

Chu

rch

Stre

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Bere

sfor

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CONNOLLYSTATION

DOCKLANDSSTATION

St Stephen’sGreen

ST PATRICK’SPARK

Irishtown Road

MOUNTJOYSQUARE PARK

RINGSENDPARK

Custom House

Gpo

Convention Centre

Nci

Aviva Stadium

Grand CanalTheatre

ShelbournePark

LeinsterHouse

ShelbourneHotel

Route To Port Tunnel And Dublin Airport

Dublin Port

PortTunnel

3arena

Croke Park

St Stephen’s GreenShopping Centre

B USÁRAS

GateTheatre

AbbeyTheatre

Chq

Dart 13 minute walk to Pearse Street Dart station

Dublin Bus A number of routes operate all within a 2 minute walk including 100X, 7B, 37, 38, 38A, 38B,38D, 39, 46A, 116

Dublin Bikes Nearest bike stations are located at Molesworth Street, Leinster Street South and York Street East

Luas Green Line located on Dawson Street. 2 minute walk

Air Coach 1 minute walk to Aircoach

Taxi 1 minute walk to the nearest taxi rank

Car Park 5 minute walk to multi-storey car park

Dawson Street

DUBLIN 2

26-28