Available in one or separate lots and generating a total rental income of €704,000 per annum, the St. Stephen’s Green Collection offers a unique opportunity to acquire a collection of landmark buildings offering a combination of secure income coupled with development potential for a variety of uses including residential.

Lot 1 comprises Number 1 St. Stephen’s Green which extends to 402.92 sq m (4,337 sq ft) comprising ground floor retail accommodation, with storage and ancillary accommodation laid out on the first, second and third floors. The entire is leased to Reiss Ltd on a 25-year FRI lease from 13th August 2002 subject to a passing rent of €695,000 per annum exclusive. The tenant recently undertook an extensive refurbishment of the ground floor of the property. The guide for Lot 1 is €7m equating to 9.02% NIY.

Lot 2 offers a refurbishment/ development opportunity comprising Number’s 3&5 St Stephens Green and a mews building located at 7 Anne’s Lane. Number 3 St. Stephen’s Green extends to 704.53 sq m (7,584 sq ft), Number 5 St. Stephen’s Green extends to 257.50 sq m (2,772 sq ft) and Number 7 Anne’s Lane (accessed off South Anne Street and located to the rear of Number 3 St. Stephen’s Green) extends to 99.21 sq m (1,068 sq ft) and is held on a short-term licence at €9,000 per annum exclusive.

Numbers 3 & 5 St. Stephen’s Green are being offered for sale with full vacant possession. A feasibility study prepared by SSA Architects for Number 3 St Stephen’s Green and Number 7 Anne’s Lane demonstrates a scheme of eleven apartments including an open courtyard and roof terrace could be developed subject to planning permission. The guide price for Lot 2 is €6.5m

The combined are in an area which is zoned objective Z5 ‘City Centre’ under the Dublin City Development plan 2022 – 2028 “to consolidate and facilitate the development of the central area and to identify, reinforce, strengthen and protect its civic design, character and dignity”. The primary purpose is to sustain life within the centre of the city through intensive mixed-use development. The properties also fall within the Grafton Street & Environs Scheme of Special Planning Control.

Stephen McCarthy of Savills commented “The St. Stephen’s Green Collection is truly a unique opportunity which will appeal to a broad cross section of investors. Those seeking a fully let flagship retail investment (leased to a global retailer and offering an attractive yield return) coupled with a prestigious refurbishment and/ or development project which could accommodate a variety of uses (subject to planning permission) overlooking St Stephens Green and also located within immediate proximity to Grafton Street.”