10 Burgh Quay is a fully let mid-terrace red brick four storey over basement period building with a single storey flat roof extension to the rear. The property is currently in mixed use with the ground floor and basement trading as a Coffee Shop and the upper floors in use as offices/Artist Studios. The ground floor is currently occupied by Le Rendez-Vous with service counter and customer sitting on the ground floor and additional seating and toilets located in the basement.
The property has the benefit of access directly from Burgh Quay with uninterrupted view over the River Liffey. The upper floors are independently accessed and comprise of three floors of offices and artist studios and ancillary facilities. The property is laid out in typical period lay out of room to the front and a room to the rear with the rooms to the front benefitting from having views over the River Liffey.
Burgh Quay is a central city centre location with over the last number of years has experienced a general uplift with the recent construction of the Luas Cross City, the current redevelopment of Scotch House, and the development taking place on Hawkins Street/ Poolbeg Street and is also within close proximity due to its proximity to the IFSC, OConnell Street and Trinity College. The area is well serviced with a plethora of transportation links, DART, Luas and various bus routes. Some surrounding occupiers include Bermingham Cameras, Am Pm, and the Garda National Immigration Bureau.
Accommodation Floor Area SQ.M
Main seating/serving area /kitchen 113.62
Customer Toilets /Additional Seating Area 67.67
Demise Ground floor and basement, 10 Burgh Quay Dublin 2
Tenant Two Private Individuals
Term 15 years
Commencement 1st July 2015 assigned in June 2021
Rent 30,000 per annum exclusive of commercial rates & building insurance.
Rent Review Every five year 2020 review outstanding
Break Option N/A
Demise First Floor offices, 10 Burgh Quay Dublin 2
Tenant Digital Media Productions Limited t/a DVD Centre
Term 5 years
Commencement 16th December 2021
Rent 11,000 plus vat per annum exclusive
Demise Second & Third Floor offices, 10 Burgh Quay Dublin 2
Tenant Private Individual Licence Agreement
Term 2 years overholding thereafter (expired)
Licence Period 1st February 2017 31st January 2019 overholding thereafter
Licence Fee 11,400 per annum to include commercial rates and building insurance
Break Option Licensee or Licensor entitled to terminate licence after the licence period has elapsed by giving 1 months notice and the licence will cease and terminate on the third month
This property as outlined in the details above is let on various tenancy agreements, these tenants are not affected by the proposed sale of the property.
Asset management opportunity
Tenants not affected