12/13 Exchange Place, IFSC, Dublin 1

Asking Price: €4,300,000

Property Location

12-13 Exchange Place is centrally located in the IFSC and forms part of the established Exchange Place development. The office development is located between George’s Dock and Custom House Quay and forms an integral part of the IFSC. The IFSC is home to the world’s leading international banks, insurance companies and financial institutions. KPMG, Sumitomo Bank, Citibank, AIG, JP Morgan (Chase), Commerzbank, BNP Paribas and Credit Suisse are just some of the prominent operations that have chosen to locate in the area. In addition to the finance sector, the location attracts a wide range of other occupiers including information technology, software development, legal and accountancy firms, aircraft leasing, new media and service companies.

Property Description

12-13 Exchange Place comprises a modern red brick, own door office building extending to approximately 1,054 Sq. m (11,351 Sq. ft), over 4 floors. The floor plates are laid out to provide a mixture of open plan and cellular offices. The offices are accessed via a shared internal lobby which is served by a shared passenger lift. The building benefits from 6 surface level car parking spaces. Exchange Place is 4 storey, own door development extending to 1,054 sq. m. (11,351 sq. ft.) Benefits from 6 surface car parking spaces. Occupiers include international news agency Reuters, aircraft leasing company Elix Aviation and aircraft engine leasing company Willis Mitsui. The building is fully let and producing an annual income of €290,932 per annum and a Net Initial Yield of 6.5% .

Property Specification

• Plastered ceilings • Recessed lighting • Painted plastered walls • Perimeter trunking • Electric storage heating • Solid floors with carpet flooring • Passenger lift serving all floors

Annual Rent

The building is fully let and producing an annual income of €290,932 per annum.

Property Size/Area

1,054 sq. m. (11,351 sq. ft.)

Car Parking

6 Car Parking Spaces

Title

Long Leasehold (200 years from 1989)

VAT

VAT is not applicable

BER Rating

BER Number

800456147

Energy Performance Indicator

42822