HARMONY COURT - GRADE A OFFICE INVESTMENT IN DUBLIN 2 - PropertyLocator.ie
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GRADE A OFFICE INVESTMENT IN DUBLIN 2 HARMONY COURT FOR SALE (BY PRIVATE TREATY) TENANT NOT AFFECTED The sale of 3 Harmony Court offers investors an opportunity to acquire a Grade A office unit within a modern office development in the heart of Dublin 2
INVESTMENT SUMMARY SECURE INCOME – The property is occupied by Harmony Accountants Limited t/a DKC on a new 15 year lease incorporating 5 yearly CPI linked rent reviews with a secure term of 10 years at an annual passing rent of €163,725. LOCATION – The property is located in Dublin’s core Central Business District. The area is home to many of Ireland’s technology start-ups as well as the European headquarters for some of the biggest IT and Financial Services companies in the world. BUILDING – Constructed in 2005 and designed by Henry J Lyons Architects, Harmony Court comprises an impressive six storey over basement modern office building. Unit 3 extends a net internal floor area of approx. 316.34 sq m / 3,405 sq ft and includes 3 designated basement level car parking spaces. GRADE A OFFICE INVESTMENT IN DUBLIN 2
NEIGHBOURING OCCUPIERS 1 Google 2 Facebook SE 3 Accenture PARNELL VI LL 4 Airbnb EP CONNOLLY 5 TripAdvisor LA DOMINICK STATION CE 6 Squarespace O’CONNELL UPPER 7 Indeed O’CON 8 Twitter 9 KBC Bank EET NELL O T STR SH ERI FF STR EET UP 10 State Street TALB PER STR E E 11 Central Bank of Ireland EET REET GEORGES DOCK 12 Matheson S TR MAYOR SQUARE LL T NE SPENCER DOCK N S ST 13 Stripe PA R O’CONNELL GPO MARLBOROUGH 14 Perrigo Company BUSARAS IFSC THE POINT CAPEL AM EI 15 HP|konnect Y ST 36 HENR CONVENTION 16 Iconic Offices (South Point) T STREE STREE CUS TOM HOU SE QUA Y CENTRE M A RY ABBEY ST DGE Q U AY 11 17 EDEN T 35 SOCIAL SAMUEL BECKETT BRI JERVIS N WA LL QU AY 17 3 Arena T U PR RIVER LIFFEY STR E E WAL K TARA STREET 18 HQ Gastrobar A BBE Y EL ORS C I T Y Q U AY 19 Osteria Lucio BA CH D’O TARA ST 20 Cafe Bar H Y LW R LIE N D Q UA RS SIR ROG ERS ON’ S QUA 21 Vertigo Bar ORM O T 41 26 Y 22 Charlotte Quay TOWNSEND STREET 37 5 42 12 10 Restaurant WESTMORELAND ST TRINITY 23 Becky Morgan’s PEARS 21 29 E STRE 30 24 Gasworks Bar ET 1 18 4 BRIDGEFOOT STREET 25 The Square Ball HANOVER QUAY 26 The Ferryman 39 20 47 DAM E ST 45 27 WakeDock TRINITY PEARSE ST 38 44 COLLEGE GRAND CANAL 28 3FE 40 46 DUBLIN PEARSE R OW 29 Brewdog G E O R GES ST STREET 22 DUBLIN 27 L AND HOTELS CASTLE WEST 32 8 S COURT O LN P L 30 The Marker Hotel NAS IN C 9 T TREE SAU L UTH 31 Grand Canal Hotel 16 STR 34 15 EET 14 TON S SO 32 The Alex Hotel GR THOMA DAWSON 33 AN 33 The Davenport Hotel 6 DC GRAF AN ST ET 34 The Mont Hotel AL 28 STR E B A R RO W S T AD D A W SO N 25 ST 35 The Mayson Dublin LW S RO R 19 13 A RE 36 The Gibson Hotel TT 37 Clayton Hotel Cardiff Lane K ILD GOVERNMENT 43 GRAND CANAL DOCK H LO 7 38 Maldron Hotel Pearse BUILDINGS 23 3 ST. STEPHEN’S GREEN 2 SO UT Street 48 M ER GRAN OTHER AMENITIES R IO N 31 D CA NAL ROW 39 FLYEfit Macken Street ST. STEPHEN’S GREEN 24 ST U PR 40 Educo Gym MO 41 Perpetua Fitness UNT NO STR RT 42 Club Vitae EET H SH UPP E LB UM 43 Merrion Square ER BE OU HA RCOUR STREE T 44 Fresh Supermarket RLA RN CE 45 Board Gais Energy Theatre OA D ER ND BA LA NR GG CE TO YP OA ROA T IN G OT ERRA D S T R EE T DD RC PARKING FITZWILLIAM RE HA ST CE D PE IVEAGH SQUARE ET LEE PL A FOR T T 46 Q-Park Grand Canal LW GARDENS SO R LIAM W E X FO R D NS Square TR WIL EARLS 47 4 Grand Canal Quay BA EE GG FITZ Parking OT LANSDOWNE R TL ST OW 48 The Gasworks Car Park RE HARCOURT ET ER Dublin Bikes D R OA PEM RBOK A D E L A ID E R O P IL E ROA D Dublin Bus AD M ES ADE WATER CH ST R E E T AR AR DP RAN LE LOO MO
LOCATION 3 Harmony Court forms part of Harmony Court, an impressive office development situated in the heart of Dublin City’s core Central Business District. Grand Canal Dock has emerged as a hub of activity in recent years, with newly developed office buildings becoming the European and EMEA headquarters of many major global companies such as Facebook, Google, Accenture, Airbnb and Indeed. Harmony Court sits in a unique location, being serviced by all of Dublin City’s public transport links. DART, Dublin Bus and Luas light rail system all allow ease off access across Dublin City and its surrounding suburbs. The property benefits from excellent road infrastructure, situated just 500m from Pearse Street which is a main arterial route through Dublin City and allows for access to the M50 orbital motorway, linking the property with Irelands arterial motorway system. GRADE A OFFICE INVESTMENT IN DUBLIN 2
THE PROPERTY The property comprises a modern, ground floor office suite situated within a The suite benefits from large, floor-to-ceiling windows which provide the six storey over basement building. The building boasts an impressive curved office space with ample natural lighting. glass façade and is surrounded by and extensively landscaped courtyard. The suite also benefits from a large, landscaped patio area to the rear. The suite is accessed through a shared foyer comprising a concierge desk. There are 3 designated, secure basement car parking spaces. Upon entering the office suite, there is a generously sized reception area which allows access to a boardroom, a meeting room, a large open-plan office floor and four cellular offices. INDICATIVE FLOOR AREAS OFFICE APPROX. SQ M APPROX. SQ FT The office space is finished to a high internal specification to include air conditioning, Cat 5 cabelling, suspended ceilings with recessed florescent Total Net Internal Area 316.34 3,405 lighting and raised floors incorporating floor boxes, male and female Parking 3 spaces W.C.s and kitchen facilities. GRADE A OFFICE INVESTMENT IN DUBLIN 2
TENANCY The property is occupied by Harmony Accountants Limited t/a DKC and will be sold with a new 15 year effective FRI year lease, incorporating 5 yearly CPI linked rent reviews. Annual rent of €163,725 per annum with a lease beak option on the expiry of the tenth year of the term.
DKC ACCOUNTANTS Founded in 1992, DKC is long established and successful accountancy practice. DKC operated as a Partnership until 31st December 2018 when it was incorporated as a Limited Company – Harmony Accountants Limited, trading as DKC. The founding members have been practicing for some 30 years. While providing the full suite of all accounting services, to include auditing, tax, management, and compliance services, the firm DKC specialise in some niche sectors of the market. These include the live music industry, hospitality, leisure & tourism, franchising, SME, property & construction and technology. For more details see www.dkc.ie GRADE A OFFICE INVESTMENT IN DUBLIN 2
FURTHER DETAILS CONTACT TITLE VIEWINGS SALES AGENTS SOLICITORS We understand the property is held Strictly by appointment with Long-Leasehold. Knight Frank DATA SITE BER RATING Further information available on www.3harmonycourt.com 20-21 Upper Pembroke Street Riverview House Dublin 2 Seapoint Road +353 1 634 2466 Bray knightfrank.ie Co. Wicklow ROSS FOGARTY EILISH BRADSHAW ross.fogarty@ie.knightfrank.com +353 1 276 1330 ANDREW COLFER andrew.colfer@ie.knightfrank.com Conditions to be noted: These particulars are issued by HT Meagher O’Reilly Limited trading as Knight Frank on the understanding that all the negotiations are conducted through them. These particulars do not constitute, nor constitute any part of an offer or contract. All statements, descriptions, dimensions, references to condition, permissions or licenses of use or occupation, access and other details are for guidance only and are made without responsibility on the part of HT Meagher O’Reilly Limited trading as Knight Frank or the vendor/landlord. None of the statements contained in these particulars, as to the property are to be relied upon as statements or representations of fact and any intending purchaser/tenant 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/tenant shall be liable for any VAT arising on the transaction. The vendor/landlord do not make or give, and neither HT Meagher O’Reilly Limited trading as Knight Frank or any of their employees has any authority to make or give any representation or warranty whatsoever in respect of this property. Knight Frank is a registered business name of HT Meagher O’Reilly Limited. Company licence Reg. No. 385044. PSR Reg. No. 001266. Designed and produced by Creativeworld Tel: +353 1 447 0553.
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