Digital Sale
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4 Hanover Wharf, Dublin 2, D02 HX39

Digital Sale
Ireland
Office
Commercial

Asking price €2,950,000

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Property Summary

  • Self-contained Office Investment located in the heart of the Grand Canal Dock
  • Ground floor office extending to 5,941 sq ft
  • 4 surface carparking spaces
  • Rental Income of €218,970 per annum
  • Net Initial Yield of 6.75%
  • Let to MCA Architects until May 2027
  • Tenant not affected

Contact Us

Johnny O'Connor
Johnny O'Connor
Property Agent, here to help.

Contact Us

Johnny O'Connor
Johnny O'Connor
Property Agent, here to help.

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Property description

4 Hanover Wharf comprises of an own door office located on the ground floor of a residential apartment block in Grand Canal Dock.

The office extends to approximately 5,941 sq ft and is fully let to MCA Architects.

The unit was fully fitted at lease commencement in 2015 and benefits from an outdoor terraced area to the rear.

The property is let to MCA Architects on a 10 year lease commencing 1st June 2015. The term of the lease has since been extended and expires 31st May 2027.

  • Total Passing Rent equates to €218,970 per annum including:
    • Office space - €207,970 p.a.
    • Car parking (4 spaces) - €11,000 p.a. total

The subject property is held on a Long Leasehold for 500 years from 1st January 2004.

Location

Hanover Wharf is situated in Dublin's South Docklands, which is widely considered to be one of Dublin's most desirable office locations. The immediate area is home to renowned global companies such as Google, Facebook, AirBnb, Accenture and HSBC.

VAT

Please refer to Legal Documents

BER Rating

C2

BER Identification Number

800660698

Energy Performance Indicator

377.44 kWh/m²/yr



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*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All interested parties must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.