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62 Lower Mount Street, Dublin 2

Investment Property (258.30 sqm) Sale Agreed
of

Sale Agreed

Location

Lower Mount Street is one of the main arteries linking  the CBD with Ballsbridge and Dublin’s premier south eastern suburbs. The property is strategically located on the northern edge of Georgian Dublin 2 within easy reach of the South Docks area which has grown to become the powerhouse of new business activity in the city.  62 Lower Mount Street is within walking distance of both Pearse & Grand Canal Dock DART/Mainline rail stations proving access along the coastal strip and west along the Maynooth line. Numerous bus routes pass outside the property serving the south suburbs and a Dublin city bike station is located less than 100 metres away on Merrion Square East. There are excellent amenities with a number of Parks at Merrion Square and the Grand Canal a short stroll away together with a selection of restaurants, bars and cafés close by. The location is home to a healthy mix of State and professional organisations.  Significant neighbouring occupiers include Google, ESB, Holles Street Hospital, Ervia (formerly Bord Gáis), Baker Tilly Hughes Blake, Bord Bia and Scott Tallon Walker.

 

Full Description

62 Lower Mount Street is a well-maintained Georgian building comprising of approx. 258 sq m (2,780 sq ft) of  office accommodation over 5 floors.62 Mount Street comprises a well presented four storey over basement mid terraced Georgian office building laid out in a typical format with single storey garden level return to the rear.  The rooms are well proportioned and provide bright useable space suitable for multiple or single occupancy. There is a small yard to the rear which is available for the tenants to use. The property is fully occupied by four occupiers.  The basement is let on license agreement and the upper floors are let on leases. The longest firm lease commitment is until June 2020.

 

Viewing Details

By appointment only with joint agents Lisney and Savills.

Accommodation

    Floor Area Sq Ft Area Sq M Tenant Lease Start Lease Expiry

    Annual Rent (€)

    3rd Floor 536 49.8 IMD Adsat 01.06.2010 31.05.2020 €12,327
    2nd Floor 620 57.6 Brian Gillen & Heather Moore 01.05.2014 31.01.2019 €11,400

    1st Floor

    Hall

    621

    482

    57.7

    44.8

    Accountancy Professionals Ltd 30.06.2016

    29.06.2026

    (29.06.2020)

    €30,884
    Basement 521 48.4 Kevin Brady Architects 12.09.2016 11.09.2019 €15,600
     Total 2,780 258.3       €70,211

BER Details

BER: Exempt

Contact Details

Address: St Stephen's Green House, Earlsfort Terrace, Dublin 2
Telephone: +353-1-638 2700 or you can also email us at dublin@lisney.com

Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.

3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation  are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation or for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant.

  4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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