for sale by private treaty – vacant possession unit 2 ... · number 2 harmony court comprises a...

UNIT 2, HARMONY COURT HARMONY ROW, DUBLIN 2

FOR SALE BY PRIVATE TREATY – VACANT POSSESSION

EXECUTIVE SUMMARYHarmony Court is a modern 6 storey over basement office development

Prime CBD location

Unit 2 extends to approximately 287.35 sq.m. (3,093 sq.ft.) NIA

Excellent transport links

2 x basement car parking spaces

ERV in the region of €145,000 (€45 per sq.ft. and €3,000 per car space)

Vacant Possession

Excellent owner occupier or investor opportunity

Guide Price €1,950,000.

‘The sale offers an investor or an owner occupier the opportunity to acquire a modern office suite in the heart of the City Centre’

NB. For identification purposes only

Erne Street Upper

Bolands Mill

Sorting Office

Macken St

North Docks

Grand Canal

Pearse St

IFSCSouth Docks

UNIT 2 HARMONY COURT DUBLIN 2

M E S P I L R D

B A T H A V E

M E R R I O N S Q U A R E N

R I N G S E N D R D

S I R J O H N R O G E R S O N ’ S Q U A Y

P E M B R O K E R D

DR

EN

RU

OB

LE

HS

C I T Y Q U A Y

S C I R C U L A R R D

G R O V E R D

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YT

ES

BU

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ST

GR

AF

TO

N S

T

AU

NG

I ER

ST

D A M E S T

CA

MD

EN

ST

LO

WE

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CA

PE

L S

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O’C

ON

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G R A N D C A N A L D O C K

R I V E R L I F F E Y

T E M P L EB A R

S A N D Y M O U N T

P O R T O B E L L O

P O I N TV I L L A G E

GR

AN

D

CA

NA

L

Four Courts

Jervis

George's Dock Mayor

Square

Spencer Dock

The Point

Busáras

Connolly

Smithfield

St. Stephen'sGreen

Harcourt

Charlemont

Dawson

Marlborough

Trinity

Westmoreland

O’ConnellGPO

AbbeyStreet

O'ConnellStreet Upper

Grand Canal Dock

Sandymount

Tara

Street

Pearse

Lansdowne Road

D A R T

F I T Z W I L L I A NS Q U A R E

R I N G S E N DP A R K

I V E A G HG A R D E N S

S T S T E P H E N ' S G R E E N

M E R R I O NS Q U A R E

T R I N I T YC O L L E G E

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2

10

11 12 13

7

3

65

14

15

16

20

21

2223

24

26

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28 29

30

31

32

25

17

18

9

8

4

19

LOCATIONUnit 2 Harmony Court forms part of Harmony Court, a modern office development on Harmony Row. The development is situated in a prime location on the south side of Lower Grand Canal Street just off Hogan Place and only 350 metres from Merrion Square.

Harmony Court is well serviced by all of Dublin City’s public transport links. Pearse Street and Grand Canal DART, Dublin Bus and Luas light rail system are all located nearby.

Grand Canal Dock has emerged as a hub of activity in recent years, with newly developed office buildings becoming the European and EMEA headquarters of many major global companies such as Facebook, Google, Accenture, Airbnb, and Indeed.

NEIGHBOURING OCCUPIERS2. Stripe Dublin3. BT Communications Ireland Ltd4. Zalando Ireland Ltd.5. National Treasury Management Agency6. Accenture7. Tekenable Limited8. Accenture9. National Asset Management Agency10. Perrigo11. McCann FitzGerald12. BNY Mellon13. Beauchamps14. Dublin Passport Office15. European Commission Representation In Ireland16. Twitter17. KBC Bank18. Facebook19. Google

AMENTITIES20. 3fe21. The Art of Coffee22. The Square Ball23. Musashi Hogan PL Noodle & Sushi bar24. Probus Wines25. Lolly And Cooks26. The Pig And Heifer27. Staple Foods28. KC Peaches Catering & Café Pearse Street29. Andy Kenny Fitness LTD30. Educogym Dublin Docklands31. FLYEfit Macken Street32. Becky Morgan’sN.B: For identification purposes only

UNIT 2 HARMONY

COURT D2


DESCRIPTIONNumber 2 Harmony Court comprises a well-presented self-contained office suite within the modern 6 storey over basement office development, which was developed in 2005 by the O’Callaghan Group.

The building comprises a curved glazed facade fronting onto Harmony Row, with a landscaped paved courtyard to the front. A large manned reception is shared amongst occupiers at ground level with two passenger lifts serving all upper levels.

The subject office is located on the ground floor and extends to approximately 287.35 Sq.m. (3,093 Sq.ft.) NIA. The office is predominantly open plan with kitchenettes, 2* meeting rooms and a board room in the lobby. The office benefits from having its owned self contained shower facilities and male and female WCs. The office also benefits from the exclusive use of 2 x secure basement car spaces.

SPECIFICATION INCLUDES• Air conditioning

• Raised access floors

• Suspended acoustic ceiling with inset

CAT 2 lighting

• Cat 5 cabling

• Kitchenette

• Male and Female WCs

• Shower facilities.


REV NO: DATE: REVISION NOTE: CKD BY:DWN BY:

P01 15/06/2020 ISSUE FOR CLIENT KM DH


Dublin | London | MullingarT: +353 4493 42518 | W: www.ors.ie | E: [email protected] 9001:2008 QUALITY ASSURED COMPANY

A3

CLIENT:

PROJECT:

TITLE:

DRAWN: CHECKED: APPROVED:

DATE: SCALE:

JOB NO: REV:

DRAWING NO:

© ORSThis drawing and any design hereon is the copyright of theConsultants and must not be reproduced without theirwritten consent. All drawings remain the property of theConsultants.

Figured dimension only to be taken from this drawing. Alldimensions to be checked on site.Consultants to be informed immediately of anydiscrepancies before work proceeds.

INFORMATION DELOITTESURVEY, MAPPING & CERTIFICATION ATUNIT 2 HARMONY COURT, DUBLINMEASURED BUILDING SURVEY (IPMS 3)

KM DH KM16/06/2020 1:100

201_251201_251-ORS-XX-XX-DR-G-100

P02

SCHEDULE OF ACCOMMODATION

* Exclusive use of 2 x basement car parking spaces

* NB: Prospective purchasers should satisfy themselves as to the accuracy of the above measurement.

THE OPPORTUNITYThere is a scarcity of office accommodation available to purchase in Dublin City Centre at present save for Georgian options. The acquisition of Unit 2, Harmony Court will provide an owner occupier or investor with the ability to secure a modern office in a central Dublin location benefiting from excellent connectivity.

Covid-19 has and will present challenges for workplace environments with respect to building densities and health and safety guidelines. The availability of a ground floor suite (with no shared lift access required), self-contained kitchen and WC facilities is likely to prove a popular concept with forward thinking office occupiers conscious of staff wellbeing.

At an Estimated Rental Value of €145,000 per annum, an acquisition at the guide price indicates a Net Initial Yield of approximately 6.77% and a capital value of €630 per sq.ft.

FLOOR PLAN

Demise NIA sq.m. NIA sq.ft.

Unit 2, Ground Floor 287.35 3,093

NB. For identification purposes only

REV NO: DATE: REVISION NOTE: CKD BY:DWN BY:



Dublin | London | MullingarT: +353 4493 42518 | W: www.ors.ie | E: [email protected] 9001:2008 QUALITY ASSURED COMPANY

A3

CLIENT:

PROJECT:

TITLE:

DRAWN: CHECKED: APPROVED:

DATE: SCALE:

JOB NO: REV:

DRAWING NO:

© ORSThis drawing and any design hereon is the copyright of theConsultants and must not be reproduced without theirwritten consent. All drawings remain the property of theConsultants.

Figured dimension only to be taken from this drawing. Alldimensions to be checked on site.Consultants to be informed immediately of anydiscrepancies before work proceeds.

INFORMATION DELOITTESURVEY, MAPPING & CERTIFICATION ATUNIT 2 HARMONY COURT, DUBLINMEASURED BUILDING SURVEY (IPMS 3)

KM DH KM16/06/2020 1:100

201_251201_251-ORS-XX-XX-DR-G-100

P02


TENURELong Leasehold

GUIDE PRICE€1,950,000

VATThe sale is subject to VAT by way of Joint Option to Tax

RATES€20,046 (2020)

SERVICE CHARGE / INSURANCE€15,563 per annum (2020)

BER

BER No: 800743502Energy Performance Indicator: 287.16 kWh/m²/yr 1.77

VIEWINGSStrictly by appointment via QRE

SOLICITORMs Camilla Leigh Hayes Solicitors Lavery House, 2 Earlsfort Terrace, Saint Peter’s, Dublin E: [email protected] T: +353 (01) 662 4747

DATA ROOMwww.2HarmonyCourt.com Access provided upon acceptance of NDA

AGENT DETAILSQRE Real Estate Advisers

Brian Kelly BSc Hons E: [email protected] T: +353 (01) 637 5555 M: +353 (0) 87 3374 93

Bryan Garry MRICS MSCSI E: [email protected] T: +353 (01) 637 5544 M: +353 (0) 83 3918 649

qre.ie


for sale by private treaty – vacant possession unit 2 ... · number 2 harmony court comprises a...

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