14-16 Lord Edward Street

High profile Dublin 2 multi-let office investment

• High profile Dublin 2 multi-let office investment
• The period property was built in 1915 and was extensively redeveloped c. 2007/2008.
• External period features have remained while the large floorplates have been finished to a modern standard.
• The building has air conditioning, suspended ceilings, a passenger lift and perimeter trunking

Description

High profile Dublin 2 multi-let office investment

Approximately 14,156 sq ft over 5 floors with 9 individual suites ranging from approximately 845 – 3,067 sq ft

Striking historic façade features a modern, high-quality air-conditioned office space internally

Fully let with passing rent of €589,498 per annum and WAULT of 5.16 years to earliest break / expiry

68% of rent from local authority / government funded tenants

Tenants include Irish Film Board, Dublin City Council, Heneghan Peng Architects and GradIreland

Guiding €8.8m (subject to contract and exclusive of VAT) which provides an attractive initial yield of approximately 6.1%


Building Energy Rating

BER: Exempt