Hynes Building, St Augustine Street, Galway City Centre

For Sale - 58,416 sq. feet (5,427 sq. metres)

Hynes Building in Galway City Centre comes to the market

Cushman & Wakefield has just launched Hynes Building in Galway City Centre to the market for sale. The property comprises one of Galway's best known office buildings, in no small part due to the fact that the building houses the Galway City Library on its ground floor. Hynes Building comprises a total of 5,427 sq m (58,432 sq ft) Net Interna Area to include the St Clares walk building which fronts onto Merchants Road.

The property is situated on St Augustine Street in the heart of Galway City Centre within easy walking distance of all the cities amenities. The area around Hynes is recognized as Galway's CBD and other developments in the vicinity include Bonham Quay; Merchants Square and The Eyre Square Centre. Much of the accommodation for sale (43,850 sq ft) has most recently been occupied by a Global Insurance Company, however this space will become vacant from October 2024 and this allows any incoming purchaser significant reversionary potential and flexibility. The majority of this accommodation is fitted to a very high standard to include a mix of open plan and cellular office space.

Galway City Library occupy part of the ground floor of the building to include Galway City Library and Children's Library. The property produces a total income of €707,998 per annum (which decreases to €166,688 from October 2024) and presents an incoming purchaser with many possibilities.The property is on the market at a guide price of €14,000,000 

Full information is available from sole selling agents Cushman & Wakefield at 091-569181.

www.hynesbuilding.ie