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Please consider the environment before printing this Property |
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Modern Light Industrial & Office Unit
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for sale
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€
395,000
Asking price
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Location
Stadium Business Park is a well-established and popular business park adjacent to Junction 5 on the M50 (North Road / N2) with easy access to M50 (1km), Dublin Airport (9km), Dublin City Centre (8km), the Dublin Port Tunnel and all aerial routes. Occupiers within the surrounding area include Coca-Cola HBC, Dunnes Stores, and GLS.
Summary
For sale with full vacant possession- modern, light industrial & office unit extending to c. 270.48 sq.m / 2,911 sq.ft (GEA) in Stadium Business Park off the Ballycoolin Road with easy access to the M50 and city centre.
Situation
Unit 35 is in a cul-de-sac of similar units with good circulation and parking space to the front.
Description
Unit 35 is a modern, light industrial & office unit extending to c. 270.48 sq.m / 2,911 sq.ft (GEA).
Originally built as warehouse with integral two-storey offices, the unit was upgraded in early 2003 with a high quality mezzanine to provide an additional 73 sq.m. of space.
The warehouse has clear height of 3.5m.
Suited to a variety of uses, the unit has ground floor warehouse with roller door and attractive first floor accommodation currently set out as offices.
Proposal
We are instructed to seek a figure of €375,000
Commercial Rates (2024) are €2,877.19
Business Park service charge is €TBA
Investment Considerations
- Our estimate of Market Rent is €35,000 per annum;
- There is a shortage of this type of space in the market.
- A purchase at the asking price reflects an attractive net initial yield of 8.48% after standard acquisition costs of 9.96%
Accommodation
Ground Floor
135.24 sq.m. (GEA)
2
First Floor
135.24 sq.m. (GEA)
3
Total
270.48 sq.m. / 2,911 sq.ft. (GEA)
Contacts
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Stokes Property
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Vendor's Solicitor Firm
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Disclaimer
Stokes Property Consultants Limited t/a Stokes Property and the Vendor/Lessor give notice that:
- These particulars are for guidance only and do not constitute nor constitute any part of an offer or a contract.
- All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor.
- None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.
- The particulars, various plans, photographs, descriptions and measurements have been carefully prepared, but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misrepresentation shall be a ground for a claim for compensation or for the rescission of the Contract by either the Vendor/Lessor or the Purchaser/Tenant.
- Neither the Vendor/Lessor nor Stokes Property Consultants Ltd. t/a Stokes Property nor any person in their employment has any authority to make or give any representation or warranty in relation to the property. 6. Prices are quoted exclusive of VAT (unless otherwise stated) and all the negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT
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