prime city centre retail unit with high...
TRANSCRIPT
5 Westmoreland ST
5Long Leasehold Interest For Sale
l PRIME CITY CENTRE RETAIL UNIT WITH HIGH FOOTFALLl NIA OF APPROXIMATELY 110.3 SQ M (1,187 SQ FT)
The Opportuniy
l Long Leasehold interest for sale
l 35 years remaining
l Low passing rent of £550 (pounds) per annum
l Prime city centre retail unit with high footfall
l Suitable for owner occupiers and investors
5Location
5 Westmoreland Street is situated on the western side of the street and is located directly opposite the Westin Hotel. Neighbouring occupiers include Carroll Gifts, Londis, O’Briens, Starbucks, Boyle Sports, Supermac’s and KFC. Westmoreland Street is the primary pedestrian route linking the retail hubs of both Grafton Street and O’Connell Street, benefiting from huge numbers of passing customer footfall as they travel to St Stephen’s Green, Ilac and Jervis Shopping Centre’s. Westmoreland Street adjoins College Green, home to profile and international retailers H&M, American Apparel and Abercrombie & Fitch. Temple Bar, Dublin’s tourist destination is located around the corner with numerous café’s, bars and restaurants.
There is an abundance of public transport options available to the area with many bus routes passing by the premises and Tara Street DART station a five minute walk away. Work on the Cross City Luas is due for completion towards the end of 2017, which will provide Luas stops at Trinity College and Westmoreland Street.
Currently under construction, LUASCROSSCITY passenger services will begin in December 2017 with an adjacent stop on Westmoreland Street
TenureThe property is held on a 99 year lease from 1st September 1953, at a passing rent of £550 (pounds) per annum. Copy of lease available upon request.
The Opportuniy
l Long Leasehold interest for sale
l 35 years remaining
l Low passing rent of £550 (pounds) per annum
l Prime city centre retail unit with high footfall
l Suitable for owner occupiers and investors
Schedule of Accommodation
Approximate Net Internal Floor Area
sq m sq ft
First Floor Mezzanine 36.9 397
Ground 38.1 410
Lower Ground 35.3 380
Total 110.3 1,187
Description
The prime retail unit benefits from a shop front of approximately 5 metres wide. The accommodation is divided over ground, mezzanine and lower ground floors, comprising approximately 110.3 sq. m. (1,187 sq. ft.) in total. The staircase at the rear of the unit allows easy access to all levels. The unit is currently open plan in layout and fit out includes; electric storage heating, recessed lighting and laminate flooring, with staff toilet facilities located on the lower ground floor.
Jervis
Abbey Street
O’Connell Street
Prince’s Street North Sackville Place
Earl Place
Upper Li�ey Street
Lower Li�ey St.
Marlborough Street
Marlborough Street
Marlborough Place
Henry Street
Mary’s Lane
Mary’s Lane
Upp
er C
hurc
h St
reet
Moo
Street
Cathedral St.
Cathal Brugha Street
Lower Sean Macdermott Street
Railway Street
Foley Street
Talbot Street
Lower Abbey Street
Middle Abbey Street
North Lotts
Great Strand Street
Great Strand Street
Capel Street
Parliament Street
Chancery Place
St Michan’s Street
Greek Street
teer
tS
nrev
aten
iW
Jervis Street
Jervis Street
Parnell Street
Bolto
n St
reet
Lower Dominick Street
King’s Inns Street
Upper Dominick Street
Parnell Stre
et
Parnell Stre
et
Parnell Square North
Parnell Square West
Parnell Square East Parnell Stre
et
Parnell Street
Capel Street
Beresford Street George’s Hill
teer
tS
neer
G
Henr
ietta
Plac
e
Preb
end
Stre
et
Wolf Tone Street
Lower Jervis Lane
Eden Quay
Bachelor’s Walk
Aston Quay
Wellington Quay
Essex Quay
Dame Street
Thomas Street
Brid
e St
reet
teertS edi r
B
Bride Street
New
Str
eet S
outh
teertS kcirta
PNi
chol
as St
reet
Bishop Street
Peter Street
Wood Street
Whitefriar St.
York Street
York Street
Great Longford Street
Chancery Lane
Great Ship Street
Castle Street
Bride RoadFrancis Street
Ross Road
Glovers Alley
King Street South
Sout
h W
illiam
Stre
et
Clar
endo
n St
reet
Drur
y Stre
et
Exchequer Street
Dame Lane
truoC e
maD
Low
er M
erce
r Str
eet
teertS r ecr e
M r ep
pU
Upper Kevin Street
The Coombe
High Street
Cook Street Dame Street
Fleet StreetFleet Street
Temple Bar
Essex Street East
Essex Street West
woR drofde
B
Cope Street
Syca
mor
e St
reet
Townsend Street Townsend Street
Townsend Street
Su�olk St.
Kild
are
Stre
et
Daw
son
Stre
et
St. Stephen’s Green NorthMerrion Row
Hume Street
Sout
h Cu
mbe
rland
Stre
et
Lom
bard
Stre
et E
ast
Wes
tland
Row
Denzille Lane
Boyne Street
Low
er Fi
tzw
illiam
Stre
et
Mer
rion
Squa
re Ea
st
Mer
rion
Squa
re W
est
Upper
Mer
rion
Stre
et
Merrion Square South
Fitzwilliam Lane
Merrion Square North
St. S
teph
en’s
Gree
n Ea
st
LUAS
RED LUAS LINE
DART
DART
Newmarket
Cork Street
Gra
fton
Stre
et
Molesworth Street
School House Lane
Setanta Place
Duke Street
South Anne StreetChatham St.
Coppinger Row
Balfe
St.
Sout
h Fr
edric
k Stre
et South Leinster Street
Lincoin Place
Clare Street
teer
tS
araT
Haw
kins Street
Pearse Street
Pearse Street
D’Olier St.Wood Quay
Inns QuayUsher’s Quay
Arran QuayLower Ormond Quay
Custom House QuayCustom House Quay
George’s Dock
Lower Sheri� Street
City Quay
Lower Gardiner Street
Amie
ns St
reet
Amie
ns S
tree
t
Mabbot Lane
James Joyce Street
Gloucster Place Lower
Gra
fton
Stre
et
ChristchurchCathedral
CustomHouse
TivolliTheatre
Garden ofRemembrance
Busáras
Green
South G
reat
Geo
rge’
s S
tree
t
Wicklow S treet
B aggot S tre
Lower
North K ing S treet
Uppe
r D
orset S
treet
Con
s tit
utio
n H
ill
Chu
rch
St r
eet
G olden LaneB ull Alley S treet
Lower S tephen S t.
Nas s au S treet
Eustac e S
tr ee t
M erc hant’s Quay
B urgh Quay G eorge’s Quay
ButtBridge
Ha’pennyBridge
O’ConnellBridge
MilleniumBridge
GrattanBridge
O'Donovan RossaBridge
eMellowesBridge
TalbotMemorialBridge
Sean O’CaseyBridge
Grafto
n S
treet
C o llege S tre
et
C hris tchurch Place
Earl Street
ConnollyRailStation
Hugh LaneGallery
Rosie Hackett Bridge
5Westmoreland
StreetTrinity College
St Stephen’s Green
Wes
tmor
elan
d St
.
DART
Cros
s City
Lua
s
Cross City Luas Cross City Luas
GREEN LUAS LINE
Dáil Eireann
1
65
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3
2
DisclaimerThese particulars are issued by HT Meagher O’Reilly trading as Knight Frank on the understanding that all the negotiations are conducted through them. Whilst every care has been taken in the preparation of these particulars, they do not constitute an offer or contract. All descriptions, dimensions, references to condition, permissions or licenses of use or occupation, access and other details are for guidance only, they are given in good faith and believed to be correct, and any intending purchaser/tenant should not rely on them as statements or representation of fact but should satisfy themselves (at their own expense) as to the correctness of the information given. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchaser/lessee shall be liable for any VAT arising on the transaction. Neither HT Meagher O’Reilly trading as Knight Frank or any of their employees have any authority to make or give any representation or warranty in respect of this property. HT Meagher O’Reilly trading as Knight Frank, Registered in Ireland No. 385044, PSR Reg. No. 001266. HT Meagher O’Reilly New Homes Limited trading as Knight Frank, Registered in Ireland No. 428289, PSR Reg. No. 001880. Registered Office - 20-21 Upper Pembroke Street, Dublin 2.
POINTS OF RETAIL FOCUS
Stephen’s Green Shopping CentreGrafton Street
Temple Bar
Henry Street
Ilac Centre
Jervis Shopping Centre
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VATVat information will be provided on request.
BERExempt
Commercial Rates€9,810 (2017)
Pricing On application
ViewingStrictly by appointment with Sole Agents Knight Frank
ContactSELLING AGENT
Adrian Trueick [email protected]
Shaun [email protected]
20-21 Upper Pembroke Street, Dublin 2Tel: 353 1 6342466 Fax: +353 1 6342477KnightFrank.ie