• 3 high profile retail properties, presently producing

€157,500 per annum exclusive (net)

• Valuable Reversion in 2019

• Tenant Repairing Obligations

• Tenants not Affected

Retail Investment(s) in the heart of Dublin’s Premier Shopping District

Lot 1Lot 2

FOR SALE BY TENDER ON WEDNESDAY 6TH DECEMBER (UNLESS PREVIOUSLY SOLD)

PSA Licence No. 003810

Lot 3

6 & 7 CASTLEMARKET 43 DRURY STREET DUBLIN 2

Originally constructed in the 1890’s, in the Grand Victorian era, the properties

comprise red brick two storey over basement buildings, enjoying feature

facades and unusual “pitched & hipped” roof designs. Castlemarket enjoys a

unique Retail and Restaurant atmosphere, evidenced by outdoor dining, and

remains a Dublin landmark.

Tenancy Schedule

Introduction

Accommodation Schedule

GROUND FLOOR Retail c396 SQ FT

FIRST FLOOR Retail c284 SQ FT

BASEMENT Storage c288 SQ FT

TOTAL c968 SQ FT

43 DRURY STREET

GROUND FLOOR Retail c376 SQ FT

FIRST FLOOR Retail c366 SQ FT

TOTAL c742 SQ FT

6 CASTLEMARKET

GROUND FLOOR Retail c489 SQ FT

FIRST FLOOR Retail c543 SQ FT

BASEMENT Retail c626 SQ FT

TOTAL c1,658 SQ FT

7 CASTLEMARKET

43 DRURY STREET

TENANT Joseph, Lorraine & Pamela Fitzmaurice t/a Blazing Salads

GUARANTOR N/A

USER Salad Bar

TERM Lease renewal 15 years from 1 April 2016. Open Market

Rent Review 1st April 2021. Tenant Break Option 1st

October 2023. Tenant liable all repairs, payment of rates

and Landlords Insurance.

PASSING RENT €42,500 per annum exclusive, plus VAT

6 CASTLEMARKET

TENANT Genevieve Beauty Limited

GUARANTOR Mr. Zanil Kassam

USER Nail & Beauty Salon

TERM 10 years from April 2016. Open Market Rent Review April

2021. Tenant liable all repairs, rates, Landlords insurance.

PASSING RENT €50,000 per annum exclusive, plus VAT

7 CASTLEMARKET

TENANT Charlie Cullen Limited, t/a Cullen & Co. Jewellers

GUARANTOR Charlie Cullen & Suzanne Gilhooly

USER Retail

TERM 10 years from 10 July 2014. Open Market Rent Review in

July 2019. Landlord and Tenant Break Option in July 2019.

Tenant liable all repairs (subject to a condition survey),

payment of rates, Landlords insurance

PASSING RENT €65,000 per annum exclusive, plus VAT

I

LOT 1 Entire 6/7 Castlemarket & 42 Drury Street

LOT 2 Cullen & Genevieve - 6/7 Castlemarket

LOT 3 Blazing Salads - 43 Drury Street

v

TITLE: Freehold

VAT: Purchasers liable for VAT applicable to the proposed transaction.

BER: BER exempt

TENDER PROCEDURE: Latest date for receipt of Tenders is 12 noon

on Wednesday 6th December 2017. Completed Tender Forms, in an

envelope marked “Castlemarket Tender” should be delivered to Patrick.

F. O’Reilly Solicitors, 9-10 South Great Georges Street, Dublin 2.

SOLE AGENT: Ben Pearson

E: bpearson@agar.ie

T: 01 213 7777

SOLICITOR: Michael Crowley

E: michael@pforeilly.ie

T: 01 679 3565

Patrick F O’Reilly & Co. Solicitors

VIEWING: All Iinspections by prior appointment with the agent only

Disclaimer: The information contained in our advertisements / brochures are issued by Agar on the understanding that all negotiations are conducted through them. Whilst every care has been taken in the preparation of the information it does not constitute an invitation to treat, an offer or a contract of any nature whether express or implied. All descriptions, dimensions, maps, plans, artists’ impressions, references to condition, permissions or licences of use or occupation, access and other details are for guidance only and may be subject to change, without prior notification. The information is given in good faith but no intending purchaser/tenant should rely on them as statements or representations of fact and is specifically advised to undertake its own due diligence (at its own expense) to satisfy itself as to the accuracy and/or correctness of information given. None of Agar, its employees or agents makes any warranty or representations whether express or implied with respect to the particulars and/or information and which are to the fullest extent permitted by law, disclaimed; furthermore, such parties accept no liability in respect of any loss suffered by any intending purchaser/tenant or any third party arising out of the information. Prices are quoted exclusive of applicable taxes such as VAT & stamp duty (unless otherwise stated) and all negotiations are conducted on the basis that the purchaser/lessee shall be liable for VAT arising on the transaction. All maps produced by permission of the Ordnance Survey Ireland Licence No. CY0150 © Government of Ireland. PRSA No.003810

6 & 7 Castlemarket 43 Drury Street

The Westbury

St. Stephen’s Green Shopping Centre

Dublin Business School

Drury Street

Fade Street

Trinity

Powerscourt Townhouse

South Great Georges Street

The Central Bank

Grafton Street

IFSC

The Liffey

Location Plan