Turley Property Advisors are delighted to bring 'The Stone Building', Flemings Place, Dublin 4 to the market for sale by Private Treaty. The property extends over two and three storeys and includes 34 work stations which include a boardroom, a breakout area and toilets. The property includes a ground floor which has a reception area, a large open plan office, kitchenette and w/cs. The first floor includes another large open plan office room, office suites, a boardroom and a staff area. Finally, the second floor consists of a directors office and a storage area. The property extends to approx. 279.8m2 (3,011.7 sq. ft.)
This is an excellent immediate investment opportunity with a very strong covenant for the next 15 months. Full vacant possession will be available when the lease expires in April 2021. The property enjoys 3 car parking spaces. There is air conditioning and CAT 5 cabling throughout and gas fired central heating. This property is a truly unique building rich with history with the original having previously been operated as an Old Mill and paint factory over the past 100 years. The building was renovated and rebuilt to exacting modern standards 12 years ago while maintaining may original features including the beautiful stone walls and wonderful wooden flooring.
Situated just off the Mespil Road, The Stone Building, Flemings Place is a prestigious address for those seeking a commercial property in the heart of Dublin Central Business District. Located adjacent to many vibrant and famous establishments including; pubs (Searsons & The Waterloo), hotels (Mespil Hotel & The Lansdowne Hotel), restaurants (Angelinas & Saba) and coffee shops. Nearby immediate occupiers include the Amazon and Bank of Ireland headquarters for Ireland.
The convenience of the location is underscored by the fact that it is within walking distance of St. Stephen's Green, Grafton Street, Grand Canal Dock and Ranelagh. The Luas at Charlemont and the DART at Grand Canal Dart station are both within a 10-minute stroll in opposite directions down the famous Grand Canal.
Nearby in Grand Canal and The Docklands you will find Dublin's premier digital hub with Google, Facebook, AirBnB to name but a few of the international tech giants. The Aviva Stadium and the bustling city centre with all of its busy shopping streets are within a short walk.
The property is currently let by a way of a five-year Internal Repairing and Insuring lease from the first of May 2016 at a rent of 90,000 per annum, ending April 2021. Full vacant possession is available from April 2021. ERV: c130,000-140,000.