- Sale Type: For Sale by Private Treaty
- Overall Floor Area: 510 m²
Hora Property Consultants are delighted to offer this landmark Georgian building to the market. Whilst currently in office use, the property is very suitable for conversion back to a stylish city centre townhouse.
Extending to 4,315sq.ft (410sq.m) No.43 is laid out over five floors. The building is in excellent condition having been refurbished in 2015. It has the benefit of parking for ten cars to the rear. This area could be developed as a mews house subject to getting the necessary planning consents. The building and car park are currently let to leading serviced office provider Iconic Offices at an annual rent of €172,208 per annum on a 15 year lease from July 2015. The lease contains a mutual landlord and tenant break option on June 30th 2022. This gives an incoming purchaser the option to achieve vacant possession within 12 months. However, the building offers a very attractive proposition for an investor given the passing rent of €172,208 per annum.
Located on the west side of the square, the building has an enviable address, and we envisage interest from commercial occupiers, investors and parties interested in conversion back to a single -family residence as opportunities to purchase on Fitzwilliam Square are rare. The western side of Fitzwilliam Square is considered the prime position for conversion back to the original residential use as the substantial rear gardens are south-west facing and the front of the buildings offer the best views over Fitzwilliam Square\'s private garden. Fitzwilliam Square has enjoyed a resurgence in residential activity in recent years with ten of the houses now back in single family use including the neighbouring house, No.44. This has also improved the level of community participation in the use and upkeep of the Dublin\'s last private Georgian Garden - Fitzwilliam Square.
No.43 is conveniently located in the heart of the city and enjoys close proximity to all the central business district has to offer. The property is within 5 minutes of Fitzwilliam Square and St. Stephen\'s Green and Grafton Street. The Shelbourne Hotel and The Merrion Hotel are all within 4-5 minutes\' walk. The owner is entitled to become a key holder to the private gardens of Fitzwilliam Square. The area enjoys excellent transport facilities such as the LUAS (Green Line) at St. Stephen\'s Green, DART at Pearse Street and numerous bus routes are all within walking distance.
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