Location

88-90 Townsend Street is located on the corner of Townsend Street and Creighton Street, directly adjacent to the Windmill Lane development, in the newly named SOBO district, and in close proximity to Grand Canal Square. It is also within walking distance of the City Centre. The property benefits from excellent public transport facilities nearby including Pearse DART station, Dublin Bike stations and the LUAS Red line.

Summary

• Own door, modern office building.
• c.375 sq. m. (4,039 sq.ft.).
• Centrally located.
• Office and Educational Use.

Description

The property is a three-storey modern office building. It is of concrete construction with a pitched and slated roof. The external façade is of red brick. Internally, ground floor comprises of a reception area with 2 classrooms to the rear, office, both male and female WC’s and a rear yard. The first floor contains a large classroom, an office, a kitchen and canteen and a WC. The second floor has one further classroom, an additional office and a WC. The property is currently used as an educational training centre by the South East Community Training Centre. While the property retains planning permission for office use, we understand that it has obtained educational use through it’s established use over the last 15 years.

Accommodation

The approximate net internal areas provided are as follows:

Total unit size:
375 sq. m. / 4,039 sq. ft.

All intended tenants are specifically advised to verify the floor areas and undertake their own due diligence.

BER Rating

BER Rating: C1

BER No: 800550162

EPI: 415.13 kWh/m²/yr1.73

Lease Terms

The property is available on a lease assignment. The current lease allows for a tenant break in 2023, and the passing rent is €150,000 per annum. This lease expires on 30th September 2028.

Map