Office - For sale - 90-91 St Stephen's Green - Dublin
- 4 storey over basement Georgian building with modern office extension
- Located on the southside of St Stephen’s Green with site area c 0.32 acres
- Occupied by standard life passing rent €1,250,000 per annum (DOR)
- Fantastic opportunity to redevelop the property
90-91 St Stephen’s Green is a four-storey over lower ground floor modern second generation office building with a midterrace
The property was extended and redeveloped in the 1980’s and provides for under croft car parking below four stories of office accommodation. The building extends to a NIA of c. 2,470 sq.m. and enjoys extensive views of St Stephen’s Green to the front and the Iveagh Gardens to the rear of the property. The property for sale also includes the ground floor access from 89 St Stephen’s Green (ramp) and access to the car park but not the upper floors.
St Stephen’s Green is one of Europe’s most prestigious squares and is considered the heart of Dublin City. The area benefits from close proximity to all city centre amenities including the leafy St Stephen’s Green itself, Iveagh gardens, Grafton Street with its international line-up of retailers, the Shelbourne, Westbury and Merrion Hotels and a host of amenities including restaurants, bars, shops, theatres and cafes.
The existing lease with Standard Life Employee Services Ltd provides for a Deed of Renunciation next September. This will facilitate vacant possession of the entire property with an opportunity for a successful purchaser to redevelop the subject property.