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Savills
33 Molesworth Street
Dublin 2
D02 CP04
+353 1 618 1300
savills.ie
PSRA License: 002233
(HQ Gastro Bar & Nutbutter not Affected)
No. 1 Hanover Quay, Grand Canal, Dublin 2
LANDMARK LICENSED GASTRO BAR & RESTAURANT PROPERTY FOR SALE BY PRIVATE TREATY ON A SALE & LEASEBACK BASIS
Outline for the purpose of identification only
The Opportunity
A rare opportunity to acquire a substantial split level trading
licensed bar restaurant building on a ‘Sale & Leaseback’ basis
situated at No. 1 Hanover Quay, Grand Canal, Dublin 2.
The Location
Hanover Quay and the Grand Canal district is the among the
most coveted commercial locations in Ireland for investors and
commercial occupiers alike.
A testament to the areas commercial appeal is underpinned by
the variety of global companies based in the vicinity, coupled
with its thriving year-round tourist and business visitor market
serviced by the Dublin Convention Centre located nearby.
No. 1 Hanover Quay also has some impressive neighbours
including HSBC, Airbnb, Trip Advisor, Accenture, Facebook
and Twitter together with a host of leading Irish and
international legal and financial firms located within immediate
proximity.
The property occupies a landmark corner location on Hanover
Quay and enjoys unobstructed views of Grand Canal Dock to
the front, while immediately adjacent to the Marker Hotel and
the Bord Gais Energy Theatre, which alone attracts total
audiences of over half a million per year.
The areas appeal will be further enhanced with the proposed
U2 Museum situated nearby which is expected to attract
360,000 visitors annually
Consequently, Hanover Quay has also developed not just into
a highly regarded and renowned commercial hub for some of
the world’s leading companies, but also as a hugely popular
social, leisure and entertainment district for the areas working
professionals, residents and visitors.
SALE & LEASEBACK – No. 1 Hanover Quay Grand Canal Dublin 2
Home to some of the world’s leading tech, social media, financial and legal companies
Property Overview
No. 1 Hanover Quay is laid out over 2 trading levels.
The renowned HQ Gastro Bar occupies part ground floor and
the lower ground floor offering a magnificent open plan dining
space with feature wrap around glazing overlooking Grand
Canal Dock and feature outdoor terrace.
The remainder of the ground floor accommodates HQ’s sister
brand the hugely popular and multi-award winning Nutbutter
Descend the suspended feature staircase and enter an
exquisite casual dining/ lounge area which caters for a more
informal dining experience, group bookings and events, to
kitchen/ servery, store rooms and office. The lower level also
provides for patron and disabled w.c and passenger lift
serving both levels
Location Calibre
SALE & LEASEBACK – No. 1 Hanover Quay Grand Canal Dublin 2
Opposite to Googles owner occupied European headquarters
Affluent Irish and international ABC1 demographic working and residing in the Docklands district
Situated close to Dublin Port which caters to over international 100 cruise liners each year
Host to the annual Dublin Docklands International Summer Festival
Nutbutter Forbes Street Entrance
SALE & LEASEBACK – No. 1 Hanover Quay Grand Canal Dublin 2
The Mar
.
HQ & Nutbutter
IFSC
Grand Canal Dock
Capital Dock
Green DART Line
Red Luas Line
Proposed Cross Tunnel DART
.
.
..
.
.
SALE & LEASEBACK – No. 1 Hanover Quay Grand Canal Dublin 2
Tenancy Details
Fulminis Ltd will enter into a new 20-year FRI lease term at an
annual rent of €300,000 per annum exclusive of rates,
insurance and service charge. The lease will provide for 5
yearly rent reviews, with a 10% fixed rental uplift at each
review and further provide for a Tenant break clause at year
15 of the term.
(The owner occupier acquired the property as a going concern
in 2015 and has been successfully trading since under its two
highly regarded brands HQ Gastro Bar and Nutbutter).
ACCOMODATION SCHEDULE
GIA Floor Area Schedule Sq ft Sq M
Ground Floor
HQ Gastro Bar & Nutbutter 4,240 394
Lower Ground Floor
HQ Gastro Bar & Ivana’s at HQ4,951 460
Total 9,191 854
All parties are specifically requested to satisfy themselves as to the accuracy
of the floor areas provided
SALE & LEASEBACK – No. 1 Hanover Quay Grand Canal Dublin 2
Ground Floor Area Split GIA Sq ft Sq M
HQ Gastro Bar
Nutbutter
2,841 264
1,399 130
All parties are specifically requested to satisfy themselves as to the accuracy of the floor
areas provided
Not to scale: For identification purposes only
SALE & LEASEBACK – No. 1 Hanover Quay Grand Canal Dublin 2
Lower Ground Floor Area GIA Sq ft Sq M
Ivana’s @ HQ, Kitchen, stores, w.c, disabled
w.c, office4,951 460
All parties are specifically requested to satisfy themselves as to the accuracy of the
floor areas provided
Not to scale: For identification purposes only
W.C Staff Changing Rooms
W.C
Storage
Kitchen
Savills
33 Molesworth Street
Dublin 2
D02 CP04
+353 1 618 1300
savills.ie
PSRA License: 002233
Stephen McCarthy Henry Roe
Head of General Retail Agency Surveyor
+353 1 618 1349 +353 1 663 4304
[email protected] [email protected]
IMPORTANT NOTICE
Savills, their clients and any joint agents give notice that:
▪ They are not authorised to make or give any representation or warranties in relation to the property either here or
elsewhere, either on their own behalf or on the behalf of their client or otherwise. They assume no responsibility for
any statement that may be made in these particulars. These particulars do not form part of any offer or contract and
must not be relied upon as statements or representations of fact.
▪ Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only an
are not necessarily comprehensive. it should not be assumed that the property has all necessary planning, building
regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy
themselves by inspection or otherwise.
FOR SALE & LEASEBACK – No. 1 Hanover Quay Grand Canal Dublin 2