grand canal dock - the benson building · 2018-08-15 · 20. matheson 21. mccann fitzgerald 22....
TRANSCRIPT
G R A N D C A N A L D O C K
1 T H E B E N S O N B U I L D I N G2
Prime Private Rented Sector (PRS) investment opportunity in the heart of the Dublin Docklands.
G R A N D C A N A L D O C K
3 T H E B E N S O N B U I L D I N G4
Location is everything...
T H E B E N S O N B U I L D I N G6
A vital innovation hub
At the centre of Ireland’s smart economy.
The Dublin Docklands (the Docklands Strategic Development Zone (SDZ); please see map on p.15) is one of Europe’s most successful urban regeneration projects and the engine of Ireland’s smart economy. The Docklands has earned its dynamism and vibrancy from the multinationals, indigenous SMEs and the young and professional workforce that fill its streets and premises.
The Docklands is the epicentre of Ireland’s Tech, Finance, Pharma and Aircraft leasing industries. It is the proud Irish home of global giants including Google, Facebook, Airbnb, Accenture and J.P. Morgan. This neighbourhood is a vital innovation hub in the Irish start-up ecosystem and a prestigious host of diverse international conferences, award ceremonies and VIP events.
5 T H E D U B L I N D O C K L A N D S
T H E B E N S O N B U I L D I N G87 T H E O P P O R T U N I T Y
The Opportunity.
• Prime Private Rented Sector (PRS) opportunity comprising the Benson Building, a premium residential development with mixed use commercial accommodation at ground and 1st floor levels.
• New build rental accommodation located in the heart of the Dublin Docklands overlooking the planned Benson Street Park.
• Rental growth potential on the residential units in advance of practical completion (PC) when balancing payment is made, coupled with an opportunity to enhance overall rent-roll by leasing the commercial units.
• The 11-storey over basement building will have a striking design and high-quality finishes throughout, with a target PC of Q1 2020.
• The scheme comprises 72 residential units that will be finished to exacting standards, 2 ground floor commercial retail units, a private residents’ recreation room suitable for use as a gym or recreational space, a concierge foyer and secure underground parking for 72 cars.
• The development benefits from sustainable A-rated design features incorporating a district heating system.
• The subject development will account for approximately 11% of new residential supply for the prime South Docklands (south of the River Liffey in the Dublin Docklands).
• Current Gross ERV of approx. €2.9m per annum on the residential units.All CGI’s are for illustrative purposes only
For Sale By Private Treaty
9 T H E B E N S O N B U I L D I N G1 0A G R O W I N G E C O N O M Y
Why invest in PRS in Dublin.Near-record Low Supply
of landlords own two or less properties
85%
Lack of institutional landlords in Ireland
per annum across Dublin over the last 3 years
7.4%
Strong rental growth inflation averaging
Strong Labour Market
5.1%
Unemployement rate is at
Disposable income increasing by over
5%per annumnationwide
62,000More than
net new jobs being created nationally per annum
nationally
Continued Population Growth
persons have been added to Dublin’s population
96,500Since 2013 a net additional
in 2017
19,800Positive net national immigration of
44% of Ireland’s urban dwellers live in Dublin
Minimal Vacancy
of all households in Dublin are private renters
1/45.3%
Significantly below the
natural vacancy rate
1,265residential properties available to rent in Dublin, April 2018
Only
PRS households nationwide rose by
+37,900in the last 12 months
over 2018 & 2019
13%
Cumulative HPI across Dublin
estimated to exceed
across Dublin over the next 8 quarters
Rents forecast to increase by a further
15.7%
Excellent Growth Prospects
‘07
Rental supply figure is
long-term average recorded
in a series dating back to January 2007
62% below
PRS vacancy rate in Dublin
1.31% Near-record low
Source: Savills Research, Owen Reilly, CSO, Daft.ie
T H E B E N S O N B U I L D I N G1 21 1 T H E D U B L I N D O C K L A N D S
The DocklandsOpportunity.
Dublin’s premier business and technology districtThe South Docklands is a vibrant city quarter just fifteen minutes from St Stephen’s Green and is home to a number of well-known companies including Accenture, Airbnb, BNY Mellon, BOI, Facebook, Google, HSBC, LogMeIn, Matheson, State Street and TripAdvisor.
Total stock of purpose built office accommodation in the South Docklands stood at 243,737 sq m (accommodating approximately 20,000 employees) at the end of Q1 2018. In contrast, there are approximately 2,500 units of existing residential accommodation.
Strong office development pipelineA number of high profile mixed-use schemes are scheduled to complete in 2018 and 2019, including 5 Hanover Quay, Capital Dock, The Reflector and the adjoining 76 Sir John Rogerson’s Quay. Some 129,824 sq m of netadditional office accommodation is due to be delivered in the South Docklands area by the end of 2020, of which 52% is pre-let.
Attractive workplace for foreign nationalsIreland is the only English-speaking country in the Eurozone. As such global multinationals, including Google, Airbnb and Facebook, have located their European Headquarters here. This dynamic draws in employees from across Europe and further afield.
A Smart LocationThe Docklands is the ‘living lab’ for Dublin City Council’s investment in ‘smart city’ facilities. This offers residents the ability to enjoy new advances in lighting, Wi-Fi, integrated transport systems and live data on items such as the availability of car parking spaces, urban car-sharing and free city bike schemes.
The planned Trinity College Grand Canal Innovation District, a €1 billion technology and innovation campus in Grand Canal Dock, will attract investment and further enhance this city quarter for start-ups and global businesses.
Strong Rental GrowthAccording to Owen Reilly, the Docklands experienced strong annual rental growth of 10.8% in 2017. Rents in the area continue to increase, with growth averaging approximately 5% over the first six months of 2018, and renewal rates are running at 85%. Cumulatively, this represents stronger average rental growth than that of the Dublin market as a whole and demonstrates the demand for private rented accommodation in this neighbourhood.
Dublin’s premium property destination
According to Owen Reilly
“71% of households in the Docklands are privately rented, with 91% of new tenancies in 2017 being non-nationals”
6 Hanover Quay – 120 units (on site)
Capital Dock – 190 units (on site)
An Post Cardiff Lane - 56 units (on site)
The Reflector - 40 units (on site)
Lime Street - 134 units (in planning)
Boland’s Quay - 46 units (on site)
2 Cardiff Lane – 7 units (planning granted)
Undersupply of PRS While the pipeline of net new office development in the area has the potential to accommodate over 11,000 additional office-based workers, just 665 new residential units, including the Benson Building, are currently in the pre-planning, planning or construction phase. Such new schemes, listed below, will help alleviate only some of the pent-up demand for residential accommodation in the South Docklands.
1 3 T H E B E N S O N B U I L D I N G1 4T H E D U B L I N D O C K L A N D S
An ecosystem of global business.
Financial & Insurance
01. AIG02. BNY Mellon03. Central Bank04. Citigroup05. Credit Suisse06. Danske Bank07. HSBC08. Invesco09. KBC Bank10. Morgan Stanley11. Pioneer Investments12. SEB Life International13. State Street14. Ulster Bank15. Wells Fargo Bank
Legal
16. A&L Goodbody17. Beauchamps18. Dillan Eustace19. Mason Hayes & Curran20. Matheson21. McCann Fitzgerald22. Walkers23. William Fry
Professional Services
24. Accenture25. Capita Asset Services26. Grant Thornton27. KPMG28. PwC29. TMF Group
Technology & Communications
30. Airbnb31. Brite:Bill32. BT Ireland33. Facebook34. Google35. HubSpot36. LogMeIn37. Money Mate38. Stripe39. Three Ireland40. TripAdvisor41. Twitter42. Yahoo43. Zalando
Aviation
44. Airbus45. Irelandia Aviation46. Lease Corporation
International47. SMBC Aviation Capital
Property
48. CAIRN49. Hibernia REIT50. IRES REIT51. Kennedy Wilson
Pharmaceuticals
52. Nogra Pharma53. Pfizer
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2744
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24
12
13
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53
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PEARSE STREET
GRANDCANALDOCK
PORT TUNNELTO M50/M1
AIRPORT
FERRY TOTHE UK
TARA STREET
CONNOLLY STATION
DOCKLANDS TRAIN STATION
Bord Gáis Energy Theatre
Clayton Hotel
ShelbourneHotel
The Marker Hotel
Central Park
Chimney Park
NCI
Spencer Hotel
ConventionCentreDublin
3Arena
MOUNTJOYSQUARE
Garden of Rememberance
Capital Dock
Central Bank
EASTLINK BRIDGE
EAST WALL ROAD
SEVILLE PLACE
BU
CK
ING
HA
M ST
R LR
BU
CK
ING
HA
M STR
UP
PORTLAN
D ROW
SUMMERHILL
SEAN MAC DERMOTT STREET LOWER
SUMMERHILL PLACE
EMPRESS PL
DUKE ROW
SUMMER STREET NORTH
KILLARNET STREET
FOLEY STREET
RAILWAY STREETPARNELL STREET
SOUTH
GARDINER LANE
TEMPLE LANE NGRENVIL
LE ST
CHARLES STREET GREAT
WEST
HILL STREET
TEMPLE ST N
ORTH
FREDERIC
K ST N
GARDINER P
LACE
SEVILLE PLACE
EAST
RO
AD
OSS
ORY
RO
AD
CH
URC
H S
TREET CALEDON ROAD
CALEDON ROAD
ST MARY’S ROAD NORTHHAWTHORN ROAD ST MARY’S ROAD NORTH
RAVENSDALE ROAD
CH
URC
H S
TREET
SHELM
ALI
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AD
FORTH
RO
AD
CUSTOM HOUSE
SPIRE
NORTH WALL QUAY
EA
ST W
AL
L R
OA
D
EAST LINK
PEARSE STREET
TAR
A S
TR
EE
T
NASSAU STREET
PAR
LIAM
EN
T ST
CA
PE
L ST
RE
ET
CA
PE
L ST
RE
ET
LORD EDWARD STREET
CASTLE STREET
ESSEX QUAY
PETER ROW
SHIP ST G
REAT
WELLINGTON QUAY
AU
NG
IER
ST
RE
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ABBEY STREET UPPER
MARY STREET
MARY’S ABBEY
O’C
ON
NE
LL
STR
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TALBOT STREET
ABBEY STREET
GREEN ST EAST
SIR JOHN ROGERSON’S QUAY
BA
RR
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TR
EE
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MA
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EN
STR
EE
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BATH AVENUE
HADDINGTON ROAD
GRAND CANAL STREET LOWER
DA
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ON
ST
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HO
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STR
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KIL
DA
RE
ST
RE
EE
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SUFFOLK STREET
WE
STLA
ND
RO
W
GEORGE’S QUAY
FLEET STREET
ESSEX ST
SOU
TH
LO
TT
S R
OA
D
GU
ILD
ST
RR
ET
RO
YA
L C
AN
AL
RO
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CA
NA
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Pedestrian Bridge
Proposed Public Transport Bridge
Proposed Pedestrian Bridge
RIV
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DO
DD
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PARNELL SQ
UARE
GA
RD
INE
R STR
EE
T MID
DLE
PARNELL SQUARE W
EST
DO
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STREE
T U
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STR
EE
T
BO
LTO
N S
TRE
ET
G O LD EN LA N E
STEPHEN ST UPR
BR
IDE
STR
EET
Dublin Castle
Chester Beatty Library
P A R N E L L S T R E E T
National Galleryof Ireland
Government Buildings
National Museum of Ireland
FO
RB
ES
ST
RE
ET
LAZER LANE
CA
RD
IFF
LA
NE
Proposed Trinity TechnologyCampus
Bolands Quay
AVIVA STADIUM
SAMUELBECKETTBRIDGE
TALBOTMEMORIALBRIDGE O’CASEY
BRIDGE
PointSquare
St. Stephen’s Green
Merrion Square
Baggot Street
Grand Canal Dock
River Liffey
IFSC
GraftonStreet
Trinity College Dublin
Inner Dock
Benson Park
L O C A T I O N & C O N N E C T I V I T Y
Connolly Station 5 mins
Port Tunnel 10 mins
Ferry Port 10 mins
M50 15 mins
Airport 20 mins
By car:
Bord Gáis Theatre 5 mins
Convention Centre 10 mins
DART 10 mins
LUAS 12 mins
IFSC 15 mins
Baggot Street 20 mins
Grafton Street 25 mins
On foot:
Dublin Bus
Dublin Bikes
Taxi
Aircoach
LUAS City Tram
National Rail & DART
The Docklands Strategic Development Zone
1 7 T H E B E N S O N B U I L D I N G1 8T H E D U B L I N D O C K L A N D S
Dublin’s most sought after city quarter
2 01 9 G R A N D C A N A L D O C K
The Jewel of the Docklands.
T H E B E N S O N B U I L D I N G
Grand Canal Dock, the jewel of the Dublin Docklands, is an energetic juxtaposition of glazed urban architecture loftily flanked by the historic city dock of clustered barge jetties, bridges and locks.
This popular city quarter is peppered with landscaped city parks, leafy riverbanks and urban plazas. Grand Canal Dock bustles day and evening as locals enjoy the waterfront café terraces, elegant bars and restaurants, the Bord Gáis Energy Theatre, and The Marker Hotel rooftop lounge as well as many other social amenities.
Leafy urban streets, parks & riverbanks
Lively, cosmopolitan destination
Bustling with popular cafés, bars & bistros
Theatres, cinemas & concert venues within
walking distance
Convenience at every corner
Variety of sporting facilities
& stadiums
2 1 T H E B E N S O N B U I L D I N G2 2G R A N D C A N A L D O C K
PEARSE STREET
GRANDCANALDOCK
PORT TUNNELM50/M1
AIRPORT
FERRY TOTHE UK
TARA STREET
CONNOLLY STATION
DOCKLANDS TRAIN STATION
Bord Gáis Energy Theatre
Benson Park
Clayton Hotel
ShelbourneHotel
The Marker Hotel
Central Park
Chimney Park
NCI
ConventionCentreDublin
3 Arena
MOUNTJOYSQUARE
Garden of Rememberance
Capital Dock
Central Bank
InnerDock
EASTLINK BRIDGE
EAST WALL ROAD
SEVILLE PLACE
BU
CK
ING
HA
M ST
R LR
BU
CK
ING
HA
M STR
UP
PORTLAN
D ROW
SUMMERHILL
SEAN MAC DERMOTT STREET LOWER
SUMMERHILL PLACE
EMPRESS PL
DUKE ROW
SUMMER STREET NORTH
KILLARNET STREET
FOLEY STREET
RAILWAY STREETPARNELL STREET
SOUTH
GARDINER LANE
TEMPLE LANE NGRENVIL
LE ST
CHARLES STREET GREAT
WEST
HILL STREET
TEMPLE ST N
ORTH
FREDERIC
K ST N
GARDINER P
LACE
SEVILLE PLACE
EAST
RO
AD
OSS
ORY
RO
AD
CH
URC
H S
TREET CALEDON ROAD
CALEDON ROAD
ST MARY’S ROAD NORTHHAWTHORN ROAD ST MARY’S ROAD NORTH
RAVENSDALE ROAD
CH
URC
H S
TREET
SHELM
ALI
ER RO
AD
FORTH
RO
AD
CUSTOM HOUSE
SPIRE
NORTH WALL QUAY
EA
ST W
AL
L R
OA
D
EAST LINK
PEARSE STREET
TAR
A S
TR
EE
T
DAME STREET
NASSAU STREET
PAR
LIAM
EN
T ST
CA
PE
L ST
RE
ET
CA
PE
L ST
RE
ET
LORD EDWARD STREET
CASTLE STREET
ESSEX QUAY
PETER ROW
SHIP ST G
REAT
WELLINGTON QUAY
AU
NG
IER
ST
RE
ET
ABBEY STREET MIDDLE
ABBEY STREET UPPER
MARY STREET
MARY’S ABBEY
HENRY STREET
O’C
ON
NE
LL
STR
EE
T
TALBOT STREET
ABBEY STREET
GREEN STREET EAST
SIR JOHN ROGERSON’S QUAY
MA
CK
EN
STR
EE
T
BATH AVE
HADDINGTON ROAD
DA
WS
ON
ST
RE
ET
KING STREET
HO
LLES
STR
EET
KIL
DA
RE
ST
RE
EE
T
SUFFOLK ST
WE
STLA
ND
RO
W
GEORGE’S QUAY
FLEET STREET
ESSEX ST
SOU
TH
LO
TT
S R
OA
D
GU
ILD
ST
RR
ET
RO
YA
L C
AN
AL
RO
YAL
CA
NA
L
Pedestrian Bridge
Proposed Public Transport Bridge
Proposed Pedestrian Bridge
RIV
ER
DO
DD
ER
PARNELL SQ
UARE
GA
RD
INE
R STR
EE
T MID
DLE
PARNELL SQUARE W
EST
DO
RSET
STREE
T U
PPER
STR
EE
T
BO
LTO
N S
TRE
ET
G O LD EN LA N E
STEPHEN ST UPR
BR
IDE
STR
EET
Dublin Castle
Chester Beatty Library
P A R N E L L S T R E E T
National GalleryOf Ireland
Government Buildings
National Museum Of Ireland
FO
RB
ES
ST
LAZER LANE
CA
RD
IFF
LA
NE
Proposed Trinity TechnologyCampus
Bolands Quay
AVIVA STADIUM
SAMUELBECKETTBRIDGE
TALBOTMEMORIALBRIDGE O’CASEY
BRIDGE
St. Stephen’s Green
Merrion Square
Baggot Street
Grand Canal Dock
IFSC
GraftonStreet
Trinity College Dublin
The PointVillage
River Liffey
A microcosm of amenities - work, rest & play.
Sports / Gym
Restaurants / Cafés
Pharmacies / Doctors
Entertainment
Retail / Shopping
Banking
A popular city quarter...
2 3 T H E B E N S O N B U I L D I N G2 4G R A N D C A N A L D O C K
Waterside LivingGrand Canal Dock enjoys a bustle of marine activity, from kayaking, stand-up paddle boarding and wakeboarding to river cruises. This vibrant display of water sports blends seamlessly with a backdrop of historic tall ships and cheerfully-painted sleepy barges.
The Docklands also hosts a wide variety of colourful maritime festivals, races and events, such as the Docklands Summer Festival, the renowned Dublin Port River Fest and the iconic Liffey Swim, which are organised annually by the City Council, Dublin Port, Waterways Ireland and the Docklands Business Forum, along with local groups and clubs.
Grand Canal Dock, once the largest Dock in the world, forms a strategic part of the Docklands Water Animation Strategy being planned by Dublin City Council. This visionary plan will see further development of the waterfront potential of the area.
In addition to water sports, the neighbourhood boasts many other sporting activities and amenities, with an annual calendar of road races and triathlons to a wide range of local Pilates studios, swimming pools and gyms.
Indeed, Grand Canal Dock is one of the city’s best equipped neighbourhoods for the urban sporting enthusiast.
Live, work & play by the water
2 7 T H E B E N S O N B U I L D I N G2 8
T H E B E N S O N B U I L D I N G3 02 9 S C H E D U L E O F A C C O M M O D A T I O N
Beds No. of Units Average Size (sq m)
Average Size (sq ft)
1 Bed 12 52.0 560
1 Bed plus Study 2 64.7 696
2 Bed 41 82.2 884
2 Bed Penthouses 2 99.4 1,070
3 Bed 15 108.1 1,164
Total 72 5,942.1 63,960
Unit Type Floor Size (sq m) Size (sq ft)
Private Residents’ Recreation Room Ground Floor 78.7 847
Retail Unit / Coffee Shop Ground Floor 104.4 1,124
Retail Unit Ground Floor 110.8 1,193
Total 293.9 3,164
Parking No. of Spaces
Assigned residential car parking 72
Disabled residential car parking 1
Residential bicycle parking 74
Unit Type Floor Size (sq m) Size (sq ft)
Office Ground Floor 269 2,896
Office 1st Floor 1,182 12,723
Total 1,451 15,619
*There are 110 shared office cycle spaces (for both Block A and Block B offices in a shared cycle storage room)
Sch
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cco
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atio
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Office Accommodation
Block B, the own door offices at 76 Sir John Rogerson’s Quay, form part of the overall BensonBuilding and are independently accessed at ground level off Britain Quay. This does not currently form part of the sale.
Retail Accommodation
Basement Facilities for Residents
Residential Accommodation
Please note that all accommodation details are subject to final design and planning consents.
3 1 T H E B E N S O N B U I L D I N G3 2P L A N S
SIR JOHN ROGERSON’S QUAY
Offices
Offices
Offices
Residents' Recreation Room
OfficesReception
Residential Lobby
Cafe RetailUnit
Ba
sem
ent
ram
p
wc
wc wc
wc
Reception
River Liffey
Grand Canal Dock
HANOVER QUAY
BE
NSO
N S
TR
EE
T
BR
ITA
IN Q
UA
Y
Matheson
Planned Benson Street Park
Regus State Street
Park House Apartments
Airbnb
6 Hanover Quay
Butler's Court Apartments
N Sample Floor Plans.Site Plan.
Second floor
LIFT
LIFT
T2
T1
T3
T4
T4
T5
T6
T7 T8T9
02
03
35
04
36
3938
01
37
40
3 3 T H E B E N S O N B U I L D I N G3 4P L A N S
N N
Type 5
Eighth floor
Area size:
52.2m2
Bedrooms:
1
Bathrooms:
1
Bedroom 1
Utility
Entrance Hall
Bathroom
Kitchen/Dining/Living
Wardrobe
Sample Unit Types.
Terrace
T2
T1
T3
T4
T4
T10
T11
LIFT
LIFT
26
27
70
28
71
72
25
Seventh floor terrace
3 5 T H E B E N S O N B U I L D I N G3 6
Type 2Type 4
Area size:
109.4m2
Bedrooms:
3
Bathrooms:
2
Area size:
80.0m2
Bedrooms:
2
Bathrooms:
2
P L A N S
N N
War
drob
e
War
drob
e
Kitchen/Dining/Living
Entrance HallUtility
Bathroom
Ensuite
Bedroom 1
Bedroom 2
Bedroom 1
Living/Dining
KitchenBedroom 3
Bedroom 2
Utility
Entrance Hall
Bathroom
Ensuite
Wardrobe
Terrace
Terrace
3 7 T H E B E N S O N B U I L D I N G3 8S P E C I F I C A T I O N S
Th
e Sp
ecifi
cati
on
s.
Development
An eleven-storey, A-rated development of 72 apartments with private outdoor terraces, floor to ceiling glazing, raised ceilings in the living rooms, separate utility rooms and/or storage rooms and individual energy efficient heat recovery ventilation systems. Kitchens
Sophisticated graphite matte kitchens with solid work surfaces and contemporary brushed steel faucets, fully fitted with integrated extraction hood, dishwasher, full-height fridge and freezer and Miele cooking appliances to include oven, hob and microwave. Bathrooms & Ensuites
Bathrooms fitted with stylish white bathroom suites, rainfall showerheads and mirrored vanity cabinets with concealed lighting and finished in contemporary grey tiling to wet areas.
Utility & Storage
Utility rooms fitted with washing machine and condenser dryer. All bedrooms fitted with built-in wardrobes.
Heating, Ventilation & Water Systems
A-rated heat recovery, fresh air ventilation system. Heat interface unit supplied from a central boiler plant providing instantaneous domestic hot water and low pressure hot water for radiators. Thermostats are fitted throughout the apartments for optimum comfort and efficiency. Doors, Windows & Insulation
High performance floor to ceiling double glazed windows and balcony doors. Full-height, white internal doors to living and bedrooms. Concealed blind/curtain rail boxes for discrete window dressings to all windows. Walls and ceilings finished in white paint. Lighting & Wiring
Electrical specification designed with generous lighting and power points throughout apartments, featuring USB sockets in the bedrooms. Energy efficient flush ceiling spot lighting throughout kitchens, hallways and bathrooms.
Minimum A3 BER rating
Car & Bicycle Parking
Basement car parking space for each apartment and residents’ bicycle storage for 74 bicycles with dedicated cycle lift from street level to basement. Security
Development secured with CCTV and all apartments fitted with video intercom.
Gardens & Amenities
Residents’ courtyard garden and rooftop sun terrace with south-facing views overlooking the proposed Benson St Park. Elegant foyer with visitor seating and individual secure post boxes.
Contemporary living in the heart of one of Europe’s most exciting capital cities.
3 9 T H E B E N S O N B U I L D I N G4 0
4 1 T H E B E N S O N B U I L D I N G4 2
4 3 T H E B E N S O N B U I L D I N G4 4
Further Information.
Anticipated Transaction StructureOur instructions are to seek offers for the subject property as a single lot. It is envisaged that the deal will be structured by way of a forward sale with a deposit being paid on signing of contracts and a balancing payment to be made once practical completion has been achieved. For the avoidance of doubt, Block B, the own door office accommodation at 76 Sir John Rogerson’s Quay does not form part of the proposed sale. Please note, however, our client may be willing to consider alternative purchase structures.
Stamp DutyIt is assumed that Stamp Duty will be payable on the overall consideration of the transaction. However, prospective purchasers should satisfy themselves as to their ultimate liability.
BERBuilding Energy Ratings (BER) of A2-A3 has been targeted for each unit within the residential development. The retail accommodation in the scheme will have an F rating.
Project WebsiteA dedicated project website and dataroom is in place. The Joint Selling Agents will provide a dedicated username and password following the execution of a Non-Disclosure Agreement (NDA) by interested parties.
www.thebensonbuilding.com
Developer
Targeted Investment Opportunities
Main Contractor
Bennett Construction
Design Team PROPERTY MISREPRESENTATION ACT
Savills Ireland, Owen Reilly and the Vendors/Lessors give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, images, 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 brochure, intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact, but must satisfy themselves as to the accuracy of details given to them. Neither Savills Ireland and Owen Reilly nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property, and neither Savills Ireland and Owen Reilly nor any of its employees nor the vendors or lessors 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 brochure. 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. This brochure is issued by Savills Ireland and Owen Reilly on the understanding that any negotiations relating to the property are conducted through them. All maps produced by permission of the Ordnance Survey Ireland Licence.
Kevin Feeney
T +353 (0)1 649 2241
Andrew Ion
T +353 (0)1 649 2643
E [email protected], North Wall Quay, Dublin 1, Ireland
Solicitor
Owen Reilly
T +353 (0)1 677 7100
M +353 (0)87 907 3611
Maya Healy
T +353 (0)1 677 7100
M +353 (0)86 040 3300
Selling Agents
Fergus O’Farrell
T +353 (0)1 618 1311
M +353 (0)87 682 3528
Brendan Delaney
T +353 (0)1 618 1715
M +353 (0)83 439 9564
Savills33 Molesworth Street, Dublin 2, Ireland.
PSRA 002233
Owen Reilly41 Forbes Quay, Grand Canal Dock, Dublin 2, Ireland.
PRSA 002370
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