CASTLEFORBESHOUSE

FOR SALE BY PRIVATE TREATYMulti-let Office Investment

CASTLEFORBES HOUSE CASTLEFORBES ROAD

DUBLIN 1

ON THE INSTRUCTIONS OF THE STATUTORY RECEIVER, DAVID CARSON OF DELOITTE

CASTLEFORBESHOUSE

Nor

th S

tran

d Ro

ad

Bally

boug

h Ro

ad

Smithfie

ld Parade

O‘C

onnell Street Custom House Quay

City Quay

East Link

Mac

ken

Stre

et

Pearse Street

Barr

ow S

tree

t

Gra

fton

Str

eet

Daw

son

Stre

et

Grand Canal Street

Mount Street LowerBaggot Street

North Wall Quay

Cas

tlef

orbe

s Rd

Amie

ns S

tree

t

Russ

ell S

tree

t

Dor

set S

tree

t Lw

r.

North Circular Road

St. Stephen’sGreen

Trinity College

EastEntrance

WestEntrance

LUAS

LUAS

ClontarfDart Station

Dublin PortTunnel Entrance

ConnollyStation

Docklands

Dublin PortTara Street

Station

Pearse StreetStation

Grand Canal DockDart Station

EastPoint

The immediate area is mixed use in nature with a combination of retail, office and residential. The area benefits from a variety of high profile amenities which form part of the Point Village including The 3-Arena, The Gibson Hotel, The Odeon Cinema and multi-storey car park. Notable office occupiers situated close-by include Amazon, PwC, Bulgari, and UTV.

The North Docklands is to be further boosted by a number of proposed new developments due to be completed in the short-term including 72-80 North Wall Quay which will provide over 640,000 sq. ft. of new office space and the new 300,000 sq. ft. Central Bank HQ.

LOCATIONCASTLEFORBES HOUSE IS LOCATED IN DUBLIN’S NORTH DOCKLANDS IN CLOSE PROXIMITY TO THE POINT VILLAGE AND SPENCER DOCK.

The area is excellently serviced with transport links and easily accessible by car, bus, train and Luas. The Red Line Luas runs along Mayor Street immediately to the south of the property and connects the area to the IFSC, O’Connell St, Connolly Station and Heuston Station as well as Dublin’s south west suburbs. Construction has begun on the Luas interconnector which will link up the Luas Red Line to the south side of the city.

CASTLEFORBES HOUSE

Connolly Station

State Street

3 Arena

New Central Bank HQ

Castleforbes House

Convention Centre Dublin

Grand Canal Dock

IFSC

PwC

CASTLEFORBESHOUSE

TOTAL PASSING RENT of e252,360 per annum

MULTI-TENANTED office building

MODERN BUILDING of 13,814 sq. ft. with 21 basement car-park spaces

100% FULLY LET with reversionary potential

ACCOMMODATION & TEN

• Raised access floors

• Suspended ceilings with Cat 2 lighting

• Air-conditioning

• CAT5E data cabling

DESCRIPTIONCASTLEFORBES HOUSE WAS CONSTRUCTED AS PART OF A LARGER MIXED USE BLOCK IN MID-2000’S. THE BUILDING EXTENDS TO APPROXIMATELY 13,814 SQ. FT. (1,283.38 SQ. M.) AND HAS 21 BASEMENT CAR PARKING SPACES.

Internally the property provides modern office accommodation with predominantly open plan layouts and some cellular offices. There is a 6 person passenger lift serving all floors. Standard specification includes:

THE PROPERTY IS FULLY LET TO SIX TENANTS PROVIDING A TOTAL PASSING

RENT OF €252,360 PER ANNUM

Floor Tenant Size Sq. Ft. (NIA)

Ground Floor Choice Broadcasting Ltd. 2,432

First Floor Classic Rock Broadcasting Ltd. 3,177

Second Floor Mepro Ltd. t/a Wide Eye Media 3,250

Third Floor Pames Asset Management Ltd. 2,453

Fourth FloorIntegrated Environmental Solutions Ltd.

1,663

Fifth FloorTreacy Management Consulting Ltd.

839

Car Spaces Choice Broadcasting Ltd. ~

Car Spaces Classic Rock Broadcasting Ltd. ~

Car Spaces Mepro Ltd. t/a Wide Eye Media ~

Car Spaces Pames Asset Management Ltd. ~

Car Spaces Treacy Management Consulting Ltd.

~

TOTAL 13,814

ANCY SCHEDULECar

Spaces Lease Term Lease Start Break Option Lease End Rent Review Current Rent pa NOTES:

2 10 years 06-Jan-11 05-Jan-16 05-Jan-21 06-Jan-16 €39,770Break option subject to 12 month notice was not exercised therefore the tenant is entitled to 9 month rent-free in 6th year of the term

3 10 years 10-Jun-10 ~ 09-Jun-20 10-Jun-15 €53,261 Tenant had a break option at 9-Jun 2015 subject to 6 month notice which was not excercised

2 5 years 21-Aug-15 ~ 20-Aug-20 ~ €53,383 Tenant has 6 month rent free period from Q2 of Year 1

24 years

9 months06-Mar-15 06-Mar-17 05-Dec-19 ~ €43,088 Break option subject to 6 month notice and 3 month

rent penalty

1 10 years 22-Jan-14 21-Jan-18 21-Jan-24 22-Jan-19 €29,650 Tenant break options at end of Year 4, 6 & 8 with 6 month notice

04 years

11 months24-Apr-15 23-Oct-17 23-Mar-20 ~ €14,958 Break option subject to 6 month notice

3 10 years 11-Jan-11 ~ 05-Jan-21 ~ €5,250

3 10 years 10-Jun-10 ~ 09-Jun-20 ~ €4,500

1 5 years 21-Aug-15 Rolling 20-Aug-20 ~ €1,700 Rolling mutual break option with 2-month notice period

34 years

9 months06-Mar-15 ~ 05-Dec-19 ~ €5,100

14 years

11 months24-Apr-15 Rolling 23-Mar-20 ~ €1,700 Rolling mutual break option with 2-month notice period

21 €252,360

SOLICITORSMr. Garrett O’Reilly, Cathal N. Young & O’Reilly & Co., 1-2 Lower Leeson Street, Dublin 2

CASTLEFORBESHOUSE

CASTLEFORBESHOUSE

The particulars and information contained in this brochure are issued by JLL on the understanding that all the negotiations are conducted through them. Whilst every care has been taken in the preparation of the particulars and information they do not constitute an invitation to treat, an offer or a contract of any nature whether express or implied. All descriptions, dimensions, maps, plans, artists’ impressions, references to condition, permissions or licences of use or occupation, access and other details are for guidance only and may be subject to change, without prior notification. The particulars and information are given in good faith but no intending purchaser/tenant should rely on them as statements or representations of fact and is specifically advised to undertake its own due diligence (at its own expense) to satisfy itself as to the accuracy and/or correctness of the particulars and information given. None of JLL, its employees, agents or affiliate companies, makes any warranty or representations whether express or implied with respect to the particulars and/or information and which are to the fullest extent permitted by law, disclaimed; furthermore, such parties accept no liability in respect of any loss suffered by any intending purchaser/tenant or any third party arising out of the particulars or information. Prices are quoted exclusive of applicable taxes such as VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchaser/lessee shall be liable for any applicable taxes or VAT arising out of the transaction.

Styne House, Upper Hatch Street,D02 DY27, Ireland

JLL PSP Licence No: 002273

CONTACTJacqueline Fitzpatrick Jacqueline.fitzpatrick@eu.jll.com 01 673 1676

Declan Sextondeclan.sexton@eu.jll.com 01 673 1627

TENUREWe understand the property is held on a long leasehold title.

VIEWINGStrictly by appointment through JLL as sole selling agents.

BER RATINGBER: GBER No: 8001954631359.88 kWh/m2/yr

SOLICITORSMr. Garrett O’Reilly, Cathal N. Young & O’Reilly & Co., 1-2 Lower Leeson Street, Dublin 2

Brochure design by