3 harmony court - savills...kc peaches catering & café pearse street 29. andy kenny fitness ltd...

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3 HARMONY COURT DUBLIN 2

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Page 1: 3 HARMONY COURT - Savills...KC Peaches Catering & Café Pearse Street 29. Andy Kenny Fitness LTD 30. Educogym Dublin Docklands 31. FLYEfit Macken Street 32. Becky Morgan’s Location

3 H A R M O NY CO U RT

D U B L I N 2

Page 2: 3 HARMONY COURT - Savills...KC Peaches Catering & Café Pearse Street 29. Andy Kenny Fitness LTD 30. Educogym Dublin Docklands 31. FLYEfit Macken Street 32. Becky Morgan’s Location

Harmony Court is an impressive six storey over basement modern office building.

Constructed in 2005, Harmony Court was designed by Henry J Lyons Architects. A curved glazed façade fronts onto Harmony Row, Dublin 2, with a landscaped paved courtyard leading to the entrance of the building.

A large foyer is shared amongst the occupiers of Harmony Court which benefits from a concierge desk. Upon entering the office suite located on the ground floor, there is a large reception area which provides access to a boardroom, a large meeting room, four private offices and a large open plan office area. The office specification includes air conditioning, Cat 5 cabling, compactus storage units, kitchen facilities, male and female toilet facilities. Large feature windows provide natural light to all areas. There is access to a feature common landscaped area through the rear of the property. There are three secure basement car spaces accessed via Harmony Row.

C A N T E E N

S T O R E

O F F I C E O F F I C E

O F F I C E O F F I C E

M E E T I N G R O O M

M E E T I N G R O O M

M E E T I N G R O O M

L O B B Y

W . C .

L O B B YL O B B Y

W . C .W . C .

W . C .

E L E C .

I . T .

N

Accommodation

Approximate Area

Office Sq. m. Sq ft

Total GIA 352 3,788

Total NIA 316 3,405

Car Parking 3 spaces

FOR SALE - GROUND FLOOR , 3 HAR MONY COURT

2 3

DUBLIN 2

Page 3: 3 HARMONY COURT - Savills...KC Peaches Catering & Café Pearse Street 29. Andy Kenny Fitness LTD 30. Educogym Dublin Docklands 31. FLYEfit Macken Street 32. Becky Morgan’s Location

K E N I L W O R T H

RA

TH

GA

R R

D

T E R E N U R E R D

M I L L T O W N R D

H I G H F I E L D R D

M E S P I L R D

B A T H AV E

M E R R I O N S Q U A R E N

R I N G S E N D R D

S I R J O H N R O G E R S O N ’ S Q U AY

P E M B R O K E R D

SH

EL

BO

UR

NE

RD

C I T Y Q U AY

S C I R C U L A R R D

G R O V E R D

HE

YT

ES

BU

RY

ST

GR

AF

TO

N S

T

AU

NG

I ER

ST

D A M E S TC

AM

DE

N S

T L

OW

ER

CA

PE

L S

T

W O O D B I N E R D

BE A

VE

R R

OW

E G L I N T O N R D

O’C

ON

NE

LL

ST

G R A N D C A N A L D O C K

R I V E R L I F F E Y

T E M P L EB A R

S A N D Y M O U N T

C L O N S K E A G H

S T H E L E N S

R A T H M I N E S

D A R T R Y

P O R T O B E L L O

P O I N TV I L L A G E

D U B L I NP O R T

D U B L I NB A Y

D O N N Y B R O O K

GR

AN

D C

AN

AL

Four Courts

Jervis

George's Dock Mayor

Square

Spencer Dock

The Point

Busáras

Connolly

Smithfield

St. Stephen'sGreen

Beechwood

Cowper

Milltown

Harcourt

Charlemont

Dawson

Marlborough

Trinity

Westmoreland

O’ConnellGPO

AbbeyStreet

O'ConnellStreet Upper

Grand Canal Dock

Sandymount

Sydney Parade

Tara

Street

Pearse

Lansdowne Road

D A R T

F I T Z W I L L I A NS Q U A R E

R I N G S E N DP A R K

H E R B E R TP A R K

M I L L T O W NP A R K

E L M P A R KG O L F & S P O R T S

C L U B

I V E A G HG A R D E N S

S T S T E P H E N ' S G R E E N

M E R R I O NS Q U A R E

T R I N I T YC O L L E G E

N

S

EW

A I L E S B U R Y R D

3 H A R M O NYCO U RT

Dublin Airport

Harmony Court is a modern office development on Harmony Row, a prime location on the south side of Lower Grand Canal Street just off Hogan Place and only 350 metres from Merrion Square.

3 Harmony Court1. DKC

Neighbouring Occupiers2. Stripe Dublin3. BT Communications

Ireland Ltd4. Zalando Ireland Ltd.5. National Treasury

Management Agency6. Accenture7. Tekenable Limited8. Accenture9. National Asset

Management Agency10. Perrigo 11. McCann FitzGerald12. BNY Mellon13. Beauchamps14. Dublin Passport Office15. European Commission

Representation In Ireland16. Twitter17. KBC Bank18. Facebook19. Google

Amentities20. 3fe21. The Art of Coffee22. The Square Ball23. Musashi Hogan PL Noodle

& Sushi bar24. Probus Wines25. Lolly And Cooks26. The Pig And Heifer27. Staple Foods28. KC Peaches Catering &

Café Pearse Street29. Andy Kenny Fitness LTD30. Educogym Dublin

Docklands31. FLYEfit Macken Street32. Becky Morgan’s

Location

3,788 GIA (3,405 NIA) of Modern

Office Space

10 minute walk to Grand Canal Dock

Dart Station

3 secure underground

parking spaces

15 minute walkto Green Luas Stop at Trinity

350m to Merrion

Square

DublinBike Station within 3 minute walk

7 minute walk to Grand

Canal Dock

Wide variety of local amenities incl.

award winning coffee shops

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7

3

65

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28 29

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P

FOR SALE - GROUND FLOOR , 3 HAR MONY COURT

4 5

DUBLIN 2

Page 4: 3 HARMONY COURT - Savills...KC Peaches Catering & Café Pearse Street 29. Andy Kenny Fitness LTD 30. Educogym Dublin Docklands 31. FLYEfit Macken Street 32. Becky Morgan’s Location

The building is well connected to both transport and amenities and would appeal to business in every sector. Dublin’s office market continues to enjoy the support of a rapidly expanding Irish economy. Strong and sustained jobs growth has brought unemployment down to 5.4% in September, its lowest rate for a decade. This jobs creation is the fundamental driver of increased demand for office space in Dublin.

There has now been a sustained period of strong take-up which culminated with 2018 recording the largest ever amount of take-up in a calendar year at 3.73 million sq ft. (see graph below). Of this approx. 1.4m sq ft of take up or 38% of all lettings was within Dublin 2.

Dublin Office MarketDespite sustained levels of historically high take-up, we are importantly replenishing demand which is an indicator to the current depth of demand in the Dublin office market. Total unfulfilled demand is currently aggregated just above 5.5 million sq ft, the majority of demand tends to be CBD focused; 63% of current live requirements have included D2 within their search (see graph below).

Rates The rates for the property is €20,717

Service Charge The 2018 service charge for the property is €14,697

Inspections All inspections are strictly by appointment through Savills

Price On application

Title Long Leasehold

BER

For further information or to arrange a viewing please contact:

Specifications

> Raised access floors

> Air conditioning

> Cat 5 cabling

> Reception area

> Kitchenette

> Floor to ceiling glazed elevations

> Car parking

> Male and Female toilet facilities

David O’Malley00 353 1 618 1458 [email protected]

Conor Egan00 353 1 618 1746 [email protected]

Savills Office Division 33 Molesworth Street,Dublin 2

PSRA No: 002233

These particulars are issued by Savills on the understanding that all negotiations are conducted through them. Whilst every care has been taken in the preparation of these particulars, they do not constitute an offer or contract. All descriptions, dimensions, references to condition, permissions or licences of use or occupation, access and other details are for guidance only, they are given in good faith and are believed to be correct, and any intending purchaser / tenant should not rely on them as statements or representation of fact but should satisfy themselves (at their own expense) as to the correctness of the information given. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchaser / lessee shall be liable for any VAT arising on the transaction. Neither Savills nor any of their employees have any authority to make or give any representation or warranty in respect of this property.

An exciting opportunity to acquire an excellent quality office suite in a prime city centre location.

Active Office Requirements November 2018 Core Location Preferences

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

SQ

. M

.

198

4

198

5

198

6

198

7

198

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198

9

199

0

199

1

199

2

199

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199

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199

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199

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199

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199

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199

9

20

00

20

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18

Take-up 10 Yr Rolling Average

0%

10%

20%

30%

40%

50%

60%

70%

80%

100%

90%

D2 D4 D1 D2&D4 D1, D2 & D4

AuditedUnaudited Dec-16 Jun-17 Jan-18 May-18 Nov-18 Jan-19

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

SQ

. M

.

198

4

198

5

198

6

198

7

198

8

198

9

199

0

199

1

199

2

199

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199

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199

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199

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20

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20

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20

17

20

18

Take-up 10 Yr Rolling Average

0%

10%

20%

30%

40%

50%

60%

70%

80%

100%

90%

D2 D4 D1 D2&D4 D1, D2 & D4

AuditedUnaudited Dec-16 Jun-17 Jan-18 May-18 Nov-18 Jan-19

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

SQ

. M

.

198

4

198

5

198

6

198

7

198

8

198

9

199

0

199

1

199

2

199

3

199

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199

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199

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199

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199

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199

9

20

00

20

01

20

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20

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20

10

20

11

20

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20

13

20

14

20

15

20

16

20

17

20

18

Take-up 10 Yr Rolling Average

0%

10%

20%

30%

40%

50%

60%

70%

80%

100%

90%

D2 D4 D1 D2&D4 D1, D2 & D4

AuditedUnaudited Dec-16 Jun-17 Jan-18 May-18 Nov-18 Jan-19

FOR SALE - GROUND FLOOR , 3 HAR MONY COURT

6 7

DUBLIN 2

Page 5: 3 HARMONY COURT - Savills...KC Peaches Catering & Café Pearse Street 29. Andy Kenny Fitness LTD 30. Educogym Dublin Docklands 31. FLYEfit Macken Street 32. Becky Morgan’s Location