30 Fitzwilliam Square, Dublin 2

Sale Agreed

Description

Location
Number 30 is located on the favoured south side of Fitzwilliam Square in the heart of the central business district in Dublin 2. Fitzwilliam Square is one of the most prestigious locations in Georgian Dublin.

Every conceivable amenity offered by the city centre is within easy access. Government Buildings, an array of corporate and institutional headquarters as well as many professional services providers are all adjacent. Public transport links include LUAS (Green Line), DART and multiple Dublin Bus Routes.

Fitzwilliam Square and the surrounding area is mostly in office use although there has, in recent years, been an emerging trend of returning the magnificent Georgian buildings to their original residential use.

Description
Number 30 Fitzwilliam Square is one of two interconnecting, four-storey over garden level, terraced Georgian buildings with a rectangular site to the rear. The gross internal area is c. 573 sq.m. (6,168 sq.ft.). The net internal area is c. 398sq.m. (4,297 sq.ft.).

The building is currently rented to an English Language School (in conjunction with the adjoining No. 29). Full vacant possession will be available in January 2018.

Planning Permission has been granted for the construction of an exceptional mews house and for the separation of the front building from the current interconnected number 29. The permission also allows the front building to return to office use.

This is a unique opportunity to acquire a significant investment and development property on Fitzwilliam Square. The completed development of refurbished Georgian office and large luxury mews house will represent a very significant and valuable property.

Town Planning
The main building fronting onto Fitzwilliam Square is situated in an area zoned Objective Z8 “to protect the existing architectural and civic design character, to allow only for limited expansion consistent with the conservation objective” in the Dublin City Development Plan 2011-2017. Number 30 Fitzwilliam Square is also within an Architectural Conservation Zone and listed as a Protected Structure (reference 2825).

Planning Permission
Dublin City Council granted Planning Permission (Ref No. 4078/16) as follows:
• Front Building: change of use from language school to office use.
• Construction of three-storey, four bedroom mews house of 196 sq.m. / 2,110 sq.ft. with parking to the front and vehicular access from Fitzwilliam Place.

Tenancy
The front buildings (29 and 30) are let to EF Language School for €190,000.00 p.a. 15 Jan 2017 to 14 Jan 2018. This is an extension of an earlier lease. There is a full waiver of renewal rights in place. Vacant possession available January 2018.

Rateable Valuation
Current rateable valuation of the combined buildings is €122,200

Features

Exceptional development, refurbishment and asset management opportunity on Fitzwilliam Square.
Full planning permission for exceptional mews house.
Full planning for return to office use.
Income producing until January 2018 when full vacant possession will become available.

BER Details

BER: Exempt

Accommodation

Accommodation
Hall Floor
Entrance Hall
Office 23.3 sq.m.
Office 36.3 sq.m.
Office 19 sq.m.
Office 16 sq.m.

First Floor
Office 40.3 sq.m.
Office 34 sq.m.
Office 25 sq.m.

Second Floor
Office 23.5 sq.m.
Office 15 sq.m.
Office 25.4 sq.m.
Male & Female Toilets

Third Floor
Office 22 sq.m.
Office 17 sq.m.
Office 20 sq.m.
Office 16 sq.m.
Male & Female Toilets

Basement
Open Plan Office 63 sq.m.
Office 14.7 sq.m.
Kitchen 19 sq.m.

Total Net Internal Area: 398 sq.m. (4,297 sq.ft.)

Proposed Mews House
Three-storey, four bedroom house c. 196sq.m. (2,110 sq.ft.)

Documents

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