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€2,550,000

3rd Floor, Ulysses House, 23 & 24 Foley Street, Dublin 1, Dublin 1

6750 sq. ft.

Investment Property

Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 6750 sq. ft.
Investment Highlights -Extends to approximately 627 sq m (6,750 sq ft) NIA -Fully let to Moore " A leading Accountancy & Advisory Services firm -15 year lease from January 2016 -Passing rent - €182,500 per annum -Unexpired Term - 9.5 years -Two secure car parking spaces Location Ulysses House is located on Foley Street in the heart of Dublin 1, close to the junction with Amiens Street and Talbot Street. This is a superb central location that enjoys all the amenities the city has to offer including an array of cafés, bars, and restaurants. The property is within easy reach of Henry Street and O 'Connell Street , Dublin's busiest retailing district. Oakmounts, redevelopment of the iconic Clearys department store together with Hammersons recent Masterplan for Dublin Central, for their O'Connell Street / Moore Street site, will greatly enhance the general vicinity of the North inner city. The International Financial Services Centre (IFSC) is within walking distance and is home to a number of world class occupiers including AIG, Citi Bank, BNP Paribas and A&L Goodbody. Dublin Docklands, where half of the worlds top financial institutions are now based is just a short walk away. The recent completion of 91-94 North Wall Quay together with the ongoing construction of Salesforce Tower, The Exo Building and the proposed Waterfront South Central underpins the continued growth of the North Docklands. The area surrounding Ulysses House is subject to major regeneration in the coming years, the most significant of which is Ballymore's Connolly Quarter, a mixed-use office and residential development to the north of Connolly Station. Planning has recently been granted on the site adjoining Ulysses House for an impressive 12 storey co-living development. Description The 3rd floor of Ulysses House extends to approximately 6,750 sq ft (NIA) and is accessed via an 8 person passenger lift. The space is currently laid out to provide for a mix of open plan and cellular offices, board room, staff canteen, WC's and shower facilities. Occupiers in Ulysses House include: RF Property Management, Carol Nash Insurance Consultants, The Irish Bible Institute and BSC Dublin School of English. Tenancy Information Let to Moore by way of a 15 year lease from the 29th January 2016 with 5 yearly open market rent reviews. Moore Ireland is a leading Irish provider of accountancy and advisory services and the 9th largest auditing and accounting firm in Ireland. Established in 1970, Moore employ's a team of 130 staff in Ireland with offices in Dublin and Cork. Moore is part of a worldwide network of over 30,000 professionals with over 600 offices in 110 countries.

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BER Details

B3

Statistics

21/10/2021

Entered/Renewed

3,913

Property Views

Daft ID: 55263890

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Colin O'Shea

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