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Price on Application

Block R Spencer Dock, North City Centre, D01 N6P6, Dublin 1


Investment Property


Property Overview

  • Available From: Immediately


  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 11913m2
Block R Spencer Dock comprises a 7 storey over basement grade A office block extending to 11,913 sq.m (128,229 sq ft) NIA with 46 basement car parking spaces. The building is of reinforced concrete frame construction and is laid out in two semi-detached wings (east and west wings). Each half comprises a fully self-contained building that benefits from its own separate reception area and internal core areas complete with lifts and toilet accommodation together with 4 No. 13 person passenger lifts. There are three shell and core retail units situated at ground floor level. Building Information *Excellent corner profile *Designed by Scott Tallon Walker Architects *Penthouse terraces with remarkable views *Completed in 2008 Specification *Raised access floors (medium grade) throughout with floor boxes *Modular recessed light fittings to office areas fitted with PIR detectors and LG3 compliant. *Plastered and painted walls throughout all office areas *Hardwood doors throughout *Suspended ceilings with recessed metal ceiling tiles and recessed lighting *A four-pipe fan coil air conditioning system throughout capable of heating and cooling the office areas on the basis of an occupancy density of 1 per 8 sq m. *Concrete frame construction *Full height glazing system and curtain walling *Eight 13-person passenger lifts and two goods lifts. *Floor to ceiling height of 2.7m to 3.2m *Ample natural light Features *Grade A office building with three retail units at ground level *Entire property extends to 11,913 sq m (128,229 sq ft) *46 secure basement car parking spaces *Current rent of Eur4,924,469 per annum *Offices are fully let to The Central Bank and OPW *Strong reversionary potential *OPW office accommodation is leased at a rent of Eur29 psf & Eur3,500 per car parking space with an outstanding rent review from May 2020 *Value add opportunities with potential to let the retail accommodation and implement rent review with OPW *For Sale by Private Treaty (tenants not affected) Location The property is situated on Mayor Street Lower located in the north Docklands directly behind the Convention Centre and adjacent to Salesforce's new eight storey 430,000 sq ft office campus. The property is located less than a minutes-walk from the Spencer Dock Luas station. The North Docklands is a vibrant commercial hub and surrounding uses are mainly office, with a number of apartment blocks and an element of retail accommodation. Other office occupiers in the immediate vicinity include NTMA, Microsoft, PWC, Credit Suisse, Custom House Global Fund Services, Optum (United Health Group), WeWork, Metzler, HubSpot and A&L Goodbody Solicitors.

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Daft ID: 53143165

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James Nugent


PSR Licence Number: 001848

01 638 2742

Lisney, Lisney St. Stephen’s Green House, Earlsfort Terrace, Dublin 2

James Nugent's logo

James Nugent

01 638 2742
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