The HSE’s Baggot Street Hospital is up for sale by private treaty. Agent Savills gave no price guide, although the building's valuation is being touted as around €14m.
The five-storey-over-basement red-brick faces Baggot Street Upper and has a two-storey building facing Eastmoreland Lane, a Victorian building on Haddington Road and other buildings on a .71 acre site.
The HSE’s terms of the sale require the buyer to fund a new primary care centre of approximately 3,300 sq m, either within the existing site or off-site within the jurisdiction.
The HSE said that it is willing to enter a long-term lease agreement at €18 per square foot, adding that it will maintain nursing, occupational therapy, mental health, women’s health and other services in the new facility.
John Swarbrigg of Savills is expecting to attract “substantial interest from investors across the globe, with a number of local and international investors already having made approaches".
The main hospital site is zoned ‘Z4’ for mixed-services facilities, with the site on Eastmoreland Lane site zoned as ‘Z2’, ‘to protect and/or improve the amenities of residential conservation areas.’
The hospital was founded in 1831 by doctors from the Royal College of Surgeons.