STAUNTON`S

F O R S A L E B Y P R I VAT E T R E AT Y
STAUNTON’S
ON THE GREEN
82 to 84 St Stephen’s Green
A RARE AND
HIGHLY COVETED
ST STEPHEN’S GREEN
TRADING POSITION,
IN THE HEART OF
DUBLIN 2
On behalf of the Vendor, JLL has been appointed as
exclusive selling agents for the landmark four star
Staunton’s on The Green, located on the southern side
of St Stephen’s Green.
Offered for sale with freehold title and the benefit of full
vacant possession, this 51 guestroom townhouse property
boasts a prestigious address, established trading history,
attractive period accommodation and considerable and
exciting upside potential.
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STAUNTON’S on the Green
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INVESTMENT
HIGHLIGHTS
> Occupying a prime city centre location overlooking
St. Stephen’s Green to the front and with direct
access to the Iveagh Gardens to the rear;
> Historic four star Georgian townhouse property
offering numerous spacious guestrooms, with
accommodation provided across the period
buildings to the front and a modern extension
to the rear;
> Available with the benefit of freehold title and full
vacant possession;
> A profitable trading business with exciting
scope for repositioning via refurbishment, the
reconfiguration of existing and / or addition of
new guestrooms and improvements to the Food
& Beverage offering;
> The Dublin City Centre hotel market is one of the
fastest growing markets in Europe, posting an
St Stephens Green
impressive YTD RevPAR growth to May 2015 of
+21.9%;
> The property, which extends to approximately
2,080 sq. m (22,389 sq. ft) and occupies a site area
of approx. 0.14 hectares (0.35 acres), also offers
alternative use development potential, including
high value office and residential uses.
Original Georgian elegance
and style, nestled between
the Iveagh Gardens and
St Stephen’s Green.
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STAUNTON’S on the Green
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A DISTINGUISHED HISTORY
Numbers 82 to 84 St Stephen’s Green, which were first constructed as a Georgian terrace
in 1750 and today form Staunton’s, are steeped in a rich and interesting history.
Staunton’s was once
home to the important
Irish politician Henry
Grattan and the
celebrated poet Gerard
Manley Hopkins.
Number 84 was once the home of the famous Irish politician
Henry Grattan, whilst former owners of the properties have
also included the Catholic Church, the National University of
Ireland and the Dunloe Property Group.
In the current owners’ hands since 1989, Staunton’s has been
tastefully refurbished and expanded over the years to include
an attractive modern rear extension.
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J E RV
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IS S T
R EE
T
AN UNRIVALLED
LOCATION
CAPE
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Four Courts
EE T
Staunton’s On The Green is ideally situated on the
southern side of St. Stephen’s Green, which is one of
IA
PAR L
Dublin’s most popular tourist attractions and
M ENT
the city’s most established luxury hotel location.
ST
Well connected to every possible Dublin City amenity and with a LUAS
stop located only 250 metres away, major transport links such as Pearse
Street Train Station (1.5km), Heuston Train Station (4km), Dublin Port
(5km) and Dublin Airport (13km) are all within easy reach.
Whilst just minutes’ walk from Grafton Street, Trinity College, The
Staunton’s boasts tranquil surroundings overlooking St Stephens Green
and with private access to the Iveagh Gardens.
St Stephens Green is also home to a host of major occupiers such as the
Department of Justice, KPMG and Emirates, along with popular bars,
PATR ICK STREET
National Concert Hall and Dublin’s other prime leisure attractions,
cafes, restaurants and private members clubs.
KEV
IN S
TR E
ET
An unrivalled hotel location,
with private access to the
Iveagh Gardens
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LOCATION Continued
IN THE
BEATING HEART
OF DUBLIN 2
The National Concert Hall
IVEAGH GARDENS
NATIONAL CONCERT HALL
CONRAD HOTEL
LEESON STREET
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STAUNTON’S ON THE GREEN
St Stephens Green Luas Stop
Dublin Bikes on St Stephens Green
ROYAL COLLEGE OF SURGEONS
FITZWILLIAM HOTEL
GRAFTON STREET
ST STEPHENS GREEN
SHELBOURNE HOTEL
BAGGOT STREET
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HISTORIC GEORGIAN
TOWNHOUSE
Staunton’s On The Green benefits from a
quality mix of guestroom accommodation,
offering guests a choice of traditional
Georgian surroundings and ornate features
to the front (32 rooms) or alternatively
modern mews accommodation to the rear
(19 rooms).
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Ground floor accommodation includes an attractive reception
area and two well-appointed lounges, whilst there is a large
and desirable garden to the rear of the property, facilitating
direct access into the Iveagh Gardens.
The property also benefits from a popular breakfast room
(46 covers) located at lower ground floor level, which includes
separate independent access (via steps) onto St Stephens Green
– a unique feature which not many competitors can boast.
STAUNTON’S on the Green
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STAUNTON’S on the Green
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AN EXCITING OPPORTUNITY
STAUNTON’S PRESENTS
AN EXCEPTIONAL
OPPORTUNITY
to own and operate an established city centre
property in a prime location on St. Stephen’s Green
There is significant potential to reposition the
existing property to better cater for the
GROWING
DEMAND
for upscale boutique/lifestyle hotel
accommodation in Dublin City centre
Across Europe’s major cities,
DUBLIN CITY IS NOW
RANKED AN IMPRESSIVE
4TH IN OCCUPANCY
TERMS AND 13TH IN
ADR TERMS*
DUBLIN CITY IS
ON TRACK TO
SUBSTANTIALLY
OUTPERFORM
Dublin City RevPAR is forecast to increase
by +8.8% and +8.0% in 2015 and 2016*.
ZERO HOTELS
EXPECTED
TO OPEN
IN DUBLIN CITY IN 2015
Extending to over 20,000
and on a site of
SQ. FT
0.3 ACRES, there may be
potential for alternative uses amidst the
HIGH DEMAND FOR
OFFICE AND RESIDENTIAL
ACCOMMODATION
in core Dublin 2 locations
*PWC European Cities Forecast 2015
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May YTD RevPAR growth in the city centre
is standing at 21.9%
MAJOR COMMERCIAL
DEVELOPMENTS
OCCURRING IN THE
LOCALITY
An opportunity to for the
RECONFIGURATION OF
EXISTING AND/OR ADDITION
OF NEW GUESTROOMS
(at roof and garden level, subject to planning
permission) and improvements to the Food &
Beverage offering
STAUNTON’S on the Green
Potential to deliver a refurbished
and repositioned boutique
hotel offering, at a time of unprecedented performance growth
in the Dublin hotel market.
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The view of St Stephens Green
Where nothing
is overlooked but
the Green
CONTACT
Note that as the property is a Protected Structure it is BER Exempt
JLL
DANIEL O’CONNOR
MARGARET FLEMING
JAMES WOOD
Styne House,
Senior Vice President, Hotels
International Director, Investment
Analyst, Hotels
Upper Hatch St, Dublin 2
T +353 1 673 1609
T +353 673 1600
T +353 1 673 1681
PSP 002273
E [email protected]
E [email protected]
E [email protected]
DISCLAIMER
These particulars were prepared in 2015. Jones Lang LaSalle (JLL), for themselves and for the vendors of the property, whose agents they
are, give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers and constitute neither
the whole nor any part of an offer or contract; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and
occupation and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them
as statements or representations of fact but should satisfy themselves by searches, enquiries, surveys and inspections or otherwise as to the
correctness of each of them; (iii) no person in the employment of Jones Lang LaSalle has authority to make or give any representation or
warranty whatever in relation to the property.