February 19, 2018

Savills have been instructed to bring two prime office units at 52-55 Sir John Rogerson’s Quay to the market. The property is being offered for sale by private treaty in one or more lots at a combined guide price of excess €10.8 million. The current rent receivable is over €673,210 per annum, at the guide price, Savills say this will provide an attractive return to an incoming investor of 5.75% after standard purchaser’s costs.

The property comprises two separate office units laid out over ground and 1st-floor level extending to a total area of approximately 13,767 sq. ft, together with ancillary basement storage and car parking provision of 6 spaces (1 space per 2,295 sq ft) an allocation which can’t be achieved on new builds. Read more here.