FOR SALE/TO LET
Located within the established Beech Hill Office Campus on the Clonskeagh/Dublin 4 border, 15 minutes from the City Centre, Trimleston House (Blocks 1A and 1B) is being offered to market for sale in one or more lots.
The sale offers investors/owner occupiers an opportunity to acquire two high-quality three storey semi-detached office blocks extending to 32,300 sq.ft. GIA together with 89 surface level car parking spaces. Both Blocks offers excellent value-add and asset management potential. An investor/owner occupier may also consider an alternative use subject to planning.
LOT 1 – Block 1A (Tenant no affected) extends to approximately 19,300 sq ft GIA together with 54 car parking spaces. The building is currently let. The lease expires 15th February 2026. Significantly under rented, Block 1A offers excellent scope for attractive net reversionary returns following a potential refurbishment and lease up programme if the existing tenant does not opt to claim a new lease under the 1980 Landlord &Tenant (Amendment) Act.
LOT 2 – Block 1B extends to approx. 13,000 sq ft GIA together with 35 car parking spaces. Suitable for single or multiple occupancy, the office accommodation offers light filled L-shaped floor plates, with a typical size of 4,200 sq ft. As Block 1B is currently vacant there is a very sustainable speed to market opportunity available. Through immediate asset management (refurbishment and lease up programme) there is significant potential to increase the rental return. Alternatively, a simple redecoration would prepare the property for immediate availability.
LOT 3 – The entire – Guiding €4.6 million exclusive (Capital value of approx. 140 psf). Further details available on application.
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