In 2010 the Office of Public Works surrendered office accommodation yielding a rental saving of €8.75m per annum. The leases concerned are scheduled in the following table:
|
PROPERTY
|
RENT € PER ANNUM
|
NEW REPLACEMENT REQUIRED
|
COMMENTS
|
|
ACHILL GAELTACHT AFFAIRS
|
2,679
|
NO
|
|
|
ARKLOW NORTH QUAY
|
9,523
|
NO
|
|
|
ATHLONE OPW STORE
|
6,400
|
NO
|
|
|
ATHLONE PROBATION SERVICE
|
110,472
|
|
Moved into leased building — see comments in following table.
|
|
ATHLONE PROBATION CAR PARK
|
3,360
|
|
Moved into leased building — see comments in following table.
|
|
BANDON WEIR ST DESMOND
|
13,967
|
|
|
|
BUNBEG TEMP GARDA STATION
|
6,674
|
NO
|
|
|
BUNCRANA SWO ST MARYS ROAD
|
34,000
|
|
Moved to Decentralised office
|
|
CASTLEREA THE SQUARE AHGI
|
6,603
|
NO
|
|
|
CAVAN TEMP DSFA OFFICE
|
60,000
|
NO
|
|
|
CLANWILLIAM COURT BLK1 F3/4
|
480,000
|
NO
|
|
|
CLARE ST 22-25
|
670,375
|
|
Building Purchased — See Comments in following table
|
|
CLONDALKIN MONASTERY ROAD
|
570,000
|
|
Moved to Decentralised office in Longford — Negotiated buy-out of Lease — See Comments in following table
|
|
DUNDALK EARL HOUSE
|
177,763
|
NO
|
|
|
GALWAY HIBERNIAN HOUSE FLR1
|
27,299
|
|
Moved to regional leased office in Fairgreen, Galway — see following table
|
|
GALWAY HIBERNIAN HOUSE FLR 1
|
31,696
|
|
Moved to regional leased office in Fairgreen, Galway — see following table
|
|
GALWAY HIBERNIAN HOUSE FLR 2
|
54,281
|
|
Moved to regional leased office in Fairgreen, Galway — see following table
|
|
GALWAY HIBERNIAN HOUSE FLR 3/4
|
150,375
|
|
Moved to regional leased office in Fairgreen, Galway — see following table
|
|
GALWAY ROSS HOUSE FLR 3
|
81,281
|
NO
|
|
|
GRAND CANAL ST LR 1
|
1,995,000
|
NO
|
|
|
HARCOURT ST 71
|
200,000
|
NO
|
|
|
HARCOURT ST 72-74
|
1,419,143
|
NO
|
|
|
IRISH LIFE BLOCKS 4/5
|
273,000
|
NO
|
|
|
KILLARNEY BOWLERS GARAGE
|
9,100
|
|
Moved to Decentralised office
|
|
KILLARNEY SWLO
|
18,000
|
NO
|
|
|
LE POLE HOUSE
|
306,759
|
NO
|
|
|
LETTERKENNY NEPS TEMP OFFICE
|
6,896
|
NO
|
|
|
LONGFORD VRT
|
12,825
|
NO
|
|
|
LYON/FINDLATER HOUSE FLR 1&2
|
533,290
|
NO
|
|
|
LYON/FINDLATER HOUSE FLR5
|
7,618
|
NO
|
|
|
MALLOW O’BRIEN ST 25
|
32,000
|
NO
|
|
|
MAYNOOTH BUSINESS CAMPUS
|
940,626
|
NO
|
Negotiated buy-out of Lease — See Comments in following table
|
|
MERRION SQ 24 THE MEWS
|
68,210
|
|
Moved to Decentralised office in Portlaoise
|
|
MET EIREANN CORK AIRPORT
|
1,944
|
NO
|
|
|
NAVAN VRO CAR PARK
|
4,680
|
NO
|
|
|
SCURLOCKSTOWN UNIT 1
|
67,752
|
|
Moved to Decentralised office
|
|
SLIGO BRIDGE STREET 2
|
32,000
|
NO
|
|
|
SLIGO CUSTOM HSE QUAY VRT
|
15,000
|
NO
|
|
|
SLIGO WESTWARD TOWN CENTRE
|
34,753
|
NO
|
Negotiated buy-out of Lease — See Comments in following table
|
|
SUN ALLIANCE HOUSE UNITS 10-11 (part surrender)
|
161,000
|
NO
|
Negotiated buy-out of Lease — See Comments in following table
|
|
WEXFORD TEMP DECENT OFFICE 1
|
75,000
|
|
Moved to Decentralised office
|
|
WEXFORD TEMP DECENT OFFICE 2
|
33,336
|
|
Moved to Decentralised office
|
The following table lists the financial values pertinent to lease buy-outs; building acquisition and move to alternative leased building:
The cost of dilapidation associated with the lease buy-outs amounted to €2,641,187. While the saving in the previous table is of the order of €5.5m.
** 22-25 Clare Street was purchased at a very favourable price in December 2010.
