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Kingram House, Dublin 2

POA For Sale 1,465.00 sqm approx

KINGRAM HOUSE, DUBLIN 2

  • Unique building design, combining a Georgian office section at the front with a spacious modern extension to the rear.
  • 15,772 sq ft (1,465 sq m) NIA of office accommodation with the benefit of 5 car parking spaces.
  • FRI lease to the Irish Medical Council.
  • 8.71 years until expiry on upwards only rent review.
  • Passing rent of €827,500 per annum.
  • Excellent location in the heart of Dublin city centre.
  • Following recent upgrade works completed by the tenant, the BER now stands at B2 with the immediate opportunity to improve to a B1 rating.
  • Guide price: Excess €10.75m (subject to contract and exclusive of VAT) reflecting a net initial yield of 7%, assuming standard purchaser costs of 9.96%.

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