€2.3m for period offices beside Grand Canal

Joint agents Knight Frank & Mark Conan Ltd are guiding €2.3 million for period office buildings overlooking the Grand Canal in Dublin 4.

The two interconnecting three-storey over-basement properties at 15-17 Percy Place come to the market with vacant possession.

They have a combined net internal area of 551.52sq m (5,937sq ft) and an internal lift. A rear car park has space for up to seven cars.

The property is on the southside of the Grand Canal between Percy Lane and Northumberland Road. It is 1.2km from St Stephen’s Green but within easy walking distance of numerous bus routes and the Dart at Grand Canal Plaza.

Percy Place is a well-established business location which has attracted a large number of corporate occupiers nearby including Bank of Ireland, BT, Google and Accenture. There are also plenty of cafes, restaurants, bars and hotels in the immediate locale.

“With increasing office rents and strong demand for office accommodation coupled with strong demand for residential property to let and occupy, this opportunity is likely to appeal to both investors and owner-occupiers,” according to the agents. “The property may be suitable for residential conversion throughout, subject to planning permission.”