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Sold

1 Harmony Court, Harmony Row, Grand Canal Dk, Dublin 2, D02 VY52

2745 ft
Energy Rating

Description

****SALE AGREED***** INVESTMENT OPPORTUNITY IN THE HEART OF DUBLIN'S BUSINESS DISTRICT Sheridan Estates are delighted to bring to the market this excellent investment opportunity in Dublin 2. Harmony Court is a modern office development on Harmony Row, a prime location on the south side of Lower Grand Canal Street just off Hogan Place and only 350 metres from Merrion Square. Neighbouring occupiers including leading technology and financial companies Stripe, Twitter, Facebook, Google, Perrigo, the NTMA and KBC Bank. Constructed in 2005, Harmony Court was designed by Henry J Lyons Architects. A curved glazed facade fronts onto Harmony Row, Dublin 2, with a landscaped paved courtyard leading to the entrance of the building. A large foyer is shared amongst the occupiers of Harmony Court which benefits from a concierge desk. Upon entering the office suite located on the lower ground floor, there is a reception area which provides access to a boardroom, a large meeting room and a large open plan office area. The office specification includes air conditioning, Cat 5 cabling, kitchen facilities, disabled, male and female toilet facilities and a shower room. Large feature windows provide abundant natural light and there is access to a feature common landscaped area through the rear of the property. This modern office space extends to approximately 255 NIA (sq.m.) / 2,745 sq.ft. There are two secure basement car spaces included in the sale. Tenancy The property is let to Tekenable Ltd. on a 5 year lease from 10th February 2018 with a signed Renunciation in place. The current rent equates to €55,000+VAT per annum*. *€55,000 rental income p.a. with reversionary income of €85,000 p.a. (€31psq.ft.) reflecting a net initial yield of 8.2% after standard purchasing costs of 4.46%.

Features

*Modern high specification building with raised access floors *Suspended ceilings *Large feature windows *Kitchen facilities *Toilets & Shower room *Cat 5 cabling *Air conditioning *Passenger lifts *Fob access system *Terrace area *2 basement car spaces.

BER Details

BER: D1 BER No.800159261 Energy Performance Indicator:451.66 kWh/m²/yr

Viewing Details

Strictly by appointment only with Henry Sheridan.
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E2
E1
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A1

Current Rating: D1

Built:

Potential Rating:

Heating:

BER Number:

Heating Bill: € monthly estimate

*All retrofit costs are estimates - Find out more

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Sheridan Estates
Tel: 01 90...
PSRA No. 0003598
Negotiator: Henry Sheridan

Date created: Mar 14, 2019

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Sheridan Estates
Sheridan Estates
PSRA Licence No. 0003598
Call: 01 90...
Henry Sheridan
Henry Sheridan
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