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12 N O TEMPLE BAR, DUBLIN 2 CRANE LANE Long Established City Centre Leisure Investment Opportunity For Sale by Private Treaty (TENANT NOT AFFECTED)

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Page 1: TEMPLE BAR, DUBLIN 2 - assets.savills.com...NO12 CRANE LANE, TEMPLE BAR, DUBLIN 2 THE LOCATION The subject property occupies a prominent south city centre location within immediate

12NOT E M P L E B A R , D U B L I N 2C R A N E L A N E

Long Established City Centre Leisure Investment Opportunity For Sale by Private Treaty

( T E N A N T N O T A F F E C T E D )

Page 2: TEMPLE BAR, DUBLIN 2 - assets.savills.com...NO12 CRANE LANE, TEMPLE BAR, DUBLIN 2 THE LOCATION The subject property occupies a prominent south city centre location within immediate

12NO C R A N E L A N E , T E M P L E B A R , D U B L I N 2

THE LOCATION

The subject property occupies a prominent south city centre location within immediate proximity to Essex Street East, Wellington Quay, Dame Street and Parliament Street.

Temple Bar is a popular tourist, leisure, cultural, hospitality and entertainment district situated in the heart of Dublin city.

The areas popularity is further underpinned given its proximity to a host of popular visitor attractions including Dublin Castle, City Hall, Olympia Theatre, National Photographic Archive / Meeting House Square and Christ Church Cathedral.

Nearby occupiers to the subject property include The Clarence Hotel, Dollard & Co, Irish Film Institute while the ever-vibrant Temple Bar Square is also located close by. Ease of access to the area is further enhanced following the completion of the Luas Cross City project.

LEASE SUMMARY

The entire property is leased to Arelia Leisure Ltd t/a ‘The Boiler House’ for a term of 20 years from 29th May 2015, subject to a passing rent of €155,000 with five yearly rent reviews in line with CPI. The lease provides for a Tenant only break clause at the expiry of year 10 of the term.

THE PROPERTY

The property comprises a five storey over part sub-basement mid terraced commercial building, which has been adapted for its existing use and fitted out to a high standard throughout.

GEORGES QUAY

ASTON QUAY

GEORGE’S QUAYCRAMPTON QUAYBACHELORS WALK

TARA

STR

EET

D’OLIER STREET

WES

TMO

RELA

ND

ST

EDEN QUAY

O’CO

NN

ELL ST

PARNELL STREET

JERVIS STREET

MARY STREET

HENRY STREET

ABBEY STREET

JERVIS STREET

TALBOT STREET

TALBOT STREET

CAPEL STREET

PARLIAMEN

T ST

CRANE LAN

E

GEO

RGES

STR

EET

EXCHEQUER STREET

AUN

GIE

R ST

REET

GRA

FTO

N S

TREE

T

MOLESWORTH ST

DAW

SON

STR

EET

KILD

ARE

STRE

ET

MER

RIO

N ST

REET

UPP

ER

FITZWILLIAM LANEBAGGOT STREET LOWER

PEM

BRO

KE S

T LO

WER

CUFFE STREET

KEVIN STREET

PATR

ICK

STRE

ET

DAME STREET COLLEGE GREEN

MA

RLB

OR

OU

GH

ST

GARDIN

ER STREET LOW

ER

MO

SS S

TREE

T

TOWNSEND STREET

PEARSE STREET

NASSAU STREET LINCOLN

Dame LaneSu�olk Street

Sout

h W

illia

m S

tree

t

Ship Street Great

Golden Lane

Peter Street

Long LaneCamden Row

New

Bride Street

Brid

e St

reet

Clar

endo

n St

reet

Hume Street

York Street

Ely

Plac

e

Pembroke Lane

Leeson Lane

Mer

cer S

tree

t Up

per

Liffey St Upper

Prince's St North

James Joyce Street

Foley StreetM

abbot Lane

Henry Place

Moore Lane

Little Britain Street

Strand Street Great

St Michan's Street

Beresford Street

Arran Street

North Lotts

T E M P L E B A R

Busaras

Abbey

Jervis

FourCourts

Dominic

O’ConnellUpper

O’ConnellGPO

Trinity

Dawson

Marlborough

St.Stephen’sGreen

DUBLINCASTLE

TRINITYCOLLEGE

ST. STEPHEN’SGREEN

CHRISTCHURCHCATHEDRAL

HA’PENNYBRIDGE

ST. PATRICK’SCATHEDRAL

EW

N

S

Schedule of Gross Internal Areas

LEVEL SQ.M

Ground Floor 122.10

First Floor 113.10

Second Floor 103.80

Third Floor 103.80

Fourth Floor 87.80

TOTAL 530.60

Sub-basement 24.30

Terrace 12.20

(All parties are specifically advised to satisfy themselves as to the accuracy of the floor areas provided)

THE TEMPLE BAR

TEMPLE BAR

12 CRANE LANE EXTERIOR

MEETING HOUSE SQUARE

JACUZZI AREA

COFFEE BAR AREA

THE OLIVER ST. JOHN GOGARTY

Page 3: TEMPLE BAR, DUBLIN 2 - assets.savills.com...NO12 CRANE LANE, TEMPLE BAR, DUBLIN 2 THE LOCATION The subject property occupies a prominent south city centre location within immediate

50 metres

For more information on our products and services:www.experian.co.uk/goad | [email protected] | 0845 601 6011

Dublin (IRL)

Experian Goad Plan Created: 13/08/2018Created By: Savills

Copyright and confidentiality Experian, 2017. © Crown copyright and databaserights 2017. OS 100019885

SELLING AGENT

Savills Ireland 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 every 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 therein as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills Ireland 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 nor any of its 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. This document is issued by Savills Ireland on the understanding that any negotiations relating to the property are conducted through them.

TITLEFreehold.

SERVICESWe are advised all services are available to the property.

VIEWINGSAll viewings are strictly by prior appointment through the sole selling agent.

SOLICITORBrian O’CallaghanPartner I William Fry2 Grand Canal Square, Dublin 2, D02 A342 +353 1 639 5316

12 CRANE

LANE

Savills 33 Molesworth StreetDublin 2 www.savills.ie PSRA Licence No. 002233

Contact

Stephen McCarthy+353 1 618 1349 [email protected]

BER CERTIFICATION A full report is available upon request.