Turley Property Advisors are delighted to bring number 48 Fitzwilliam Square to the market for sale by public auction at 3pm Thursday the 14th of December. Number 48 has had just two owners in the past 120 years. It is one of the most iconic and photographed houses in Georgian Dublin and comprises an impressive four-story over basement Georgian Building with excellent views over Fitzwilliam Square. The house is predominantly in office accommodation with residential apartments in the basement level and the rear mews. No. 48 is arguably one of the finer examples of a complete Georgian Property in Dublin.
The property has been carefully maintained throughout and underwent a full refurbishment in 2005 to include full re-wiring, re-cabling (Cat 5E) and redecorating. More recently the property was re-roofed in 2008 as well as having the electrical wiring and fittings, internal painting and coverings upgraded in 2014.
The building features generously proportioned rooms and extends to a NET area of approximately 386 sq. m. (4,162 sq. ft.) excluding the mews which enjoys a floor area of 552sq. ft. There is a return at the 1st-floor level providing a kitchen/break out area or extra office space and a small return at 2nd-floor level with a W.C. There are W.C.'S at every level, save for the 2nd. There is also a kitchen on the
top floor. The building also enjoys a fully monitored security system with CCTV, along with a fire and intruder alarm system.
The Mews comprises a self-contained one bed apartment with independent access from Laverty Court giving occupiers the advantage of 'own door' accommodation.
Ardstone Capital currently holds the ten year lease for the hall level, 1st, 2nd and 3rd floors from June 2015. The current passing rent is 85,000 per annum exclusive and will be subject to a rent review in the 5th year of the term.
The Basement and Mews in the rear are in residential use for the past 50 years.The basement comprises a three/four-bed apartment with a passing rent of 24,000 per annum. The Mews (522 sq. ft.) has a potential income of 20,000 p/a. We are instructed the title is freehold, and vacant possession is available for both residential units.
No.48 occupies a high profile position on the west side of Fitzwilliam Square, overlooking the park, which connects Baggot Street lower to Leeson Street lower. Every conceivable amenity offered by the city centre is within easy access. The property is situated in the heart of Dublin\'s Central Business District and is within walking distance of numerous bars, cafs/ restaurants, and hotels. Merrion Square, St. Stephens Green and Grafton Street are all close by. Public transport links are excellent with the DART at Pearse Street and the Luas Green line at St. Stephens Green nearby. Numerous Dublin Bus routes also serve the location
Often referred to as \'The Heart of Georgian Dublin\', Fitzwilliam Square is known to be one of the most prestigious addresses in Dublin 2. As well as being situated in the centre of Dublin\'s CBD, the square offers an excellent advantage of a private open space in the heart of a bustling city. Access to the park is reserved exclusively for occupiers of Fitzwilliam Square.