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Commercial Briefs

       


FITZWILLIAM HALL OPENS FOR BUSINESS

GLANDORE BUSINESS CENTRE last week opened its latest state-of-the-art serviced office and conferencing facility, Fitzwilliam Hall at Leeson Street Bridge, Dublin 2.

The 30m revamped landmark Georgian building combines Georgian grandeur with modern, contemporary design.

Serviced and 'virtual' office space at Fitzwilliam Hall is already used by 50 companies from start-ups to SMEs and larger businesses including banks, insurance companies and property developers such as Commercial Finance Ireland andTorc Group. The building is currently 90% occupied and has the capacity for up to 250 work stations.

Services available at Fitzwilliam Hall to companies include quality office space, IT services and support, virtual office facilities, mail and messaging handling, reception services and office support. Costs such as property rates, service charges and building insurance are covered within a customer's monthly charge. Fitzwilliam Hall is the third of Glandore Business Centres' serviced office facilities. It also operates 33 Fitzwilliam Square, Dublin 2 and Arthur House, Belfast.

REDEVELOPMENT SITE IN LETTERKENNY

FRANKLINS is handling the sale of a prime redevelopment site with extensive main road frontage at Pearse Road, Letterkenny, Co Donegal.

The 0.2 acre site which is being sold at auction on 9 May with a price guide of 2.5m (plus VAT), offers potential for numerous central retail units and apartments or offices.

According to agents strong demand exists in the area for both commercial and residential properties. New two-bed apartments at neighbouring Letterkenny Town Centre recently sold for in excess of 200,000 each. Current rental values of new commercial units of 1,000sq ft can attract rents of 35 - 40 per sq ft.

Pearse Road has witnessed significant commercial development over the years and a multi-storey car park, less than 100 yards from the site will undoubtedly prove valuable.

For more information contact Franklins, 074-918 8000.

PORTMARNOCK HOTEL FOR SALE BY TENDER

OFFERS in the region of 30m are expected for The Portmarnock Hotel in north county Dublin, which is to be sold by tender on 2 May through CBRE.

The hotel, set in a seaside location beside the dunes of the Portmarnock peninsula, in the centre of a veritable golfing oasis, surrounded by some of Europe's finest links golf courses, has been operating successfully as a four-star resort hotel since 1995 It has been recently extended and now boasts 138 en-suite bedrooms, restaurants, bars and extensive conference and banqueting facilities.

The property which sits on 6.1 acres has full planning permission to completely renovate the existing conference and banqueting area. The vendors are retaining ownership of the golf course.

For further information contact CBRE, 01-618 5500

PRIME INVESTMENT OPPORTUNITY IN FAIRVIEW SAVILLS HAMILTON

OSBORNE KING is quoting 2.3m for the sale of No 10 Fairview Village, Dublin 3. The 285.5sq m building comprises a ground floor retail unit and medical centre with three floors of overhead offices currently in use as a beauticians. Full vacant possession of the entire building is available three years after completion of sale. The successful purchaser will have a guaranteed income of 65,000 with a further potential 36,000 should the vacant retail unit be rented out. No 10 is surrounded by a very affluent catchment area and enjoys substantial footfall at evenings and weekends. Contact 01-618 1431 for more details.

WATERFORD WATERING HOLE FOR SALE FOR /2M

JOHN ROHAN AUCTIONEERS is guiding 2m for the Cove Bar at Ardkeen, Waterford, which is to be sold at auction on 5 April. The wellknown watering hole has enormous potential due to its location in one of Waterford's premier business, services and leisure centres. The Cove Bar is a two-storey building with a bar, lounge capable of accommodating 250 people, kitchen, stores and service area, manager's office on the first floor and car parking at the rear.

For further information contact 051-843 880.




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