Industrial Property Specialists

01 4532755www.williamharvey.iePSP Licence No. 002027

For Sale

Investment Opportunity - Net Initial Yield of 8.7%

Detached, Industrial & Office Unit of 1,700 Sq. m. Currently Producing€68,000 per annum (exclusive)

Unit 1 Crossbeg Industrial EstateBallymount Road Upper, Dublin 24, D24 FAA9

Boundaries For Indicative Purposes Only

Tenant Not Affected

LOCATION HIGHLIGHTS- The subject property is situated off Ballymount Road Upper in Crossbeg Industrial Estate. - The estate consists of three detached industrial properties on their own self contained sites. Other occupiers in the estate include Swan Plant Hire and Brogan Jordan Homestyle. - The subject property is just 750 m from the Ballymount / M50 Interchange (Junction 10), 1.3 km from the Red Cow / M50 Interchange (Junction 9) and 10 km from O’Connell Street.- The property is situated 1.5 km from the Kingswood stop of the Red LUAS line which links the city centre and Docklands with Tallaght Town Centre. - Ballymount is one of south Dublin’s longest established industrial locations.

PROPERTY FEATURES General- Detached industrial & office facility on a gated and fenced site.- Generous yard and car parking areas to the front and side of the building.- Electric sliding gate at entrance.- Includes gas supply.- 10 kv substation on site.

Industrial- 5.6m. eaves height.- Sub-divided to cater for two occupiers.- 2 No. steel roller shutter doors to left hand side and 1 No. to the right hand side.- Twin skin insulated cement fibre roof incorporating approx.. 10% translucent panels.

Offices- Includes reception, showroom, canteen & WCs.- Additional non-compliant offices at first floor.- Alarm system and CCTV are installed.

SERVICES & APPARATUS - Please note we have not tested any apparatus, fixtures, fittings, or services. Intending purchasers must undertake their own investigation into the working order of these items.

Belgard Road

Turnpike R

oad

Ballymount Road Lower

Gre

enhills

Roa

d

Nangor Road

Robinhood Road

Ballymount Road

N7

R838

R113

R819

R819

R110

R134

R110

R810

BallymountIndustrial Estate

Ballymount Park

Naas Road

Long Mile Road

Naas Road

WesternIndustrial Estate

WesternBusiness Park

Luas Depot

Red CowMoran Hotel

M 50

M 50

M 50

BALLYMOUNT

BELGARD

GREENHILLS

WALKINSTOWNFOX & GEESE

Red CowInterchange

M50 Jct.9

M50Jct.10

Limerick/Cork M7

mount

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Industrial Property Specialists

PRICINGO�ers are sought in the region of €720,000 (exclusive) equating to €424 per sq. m. / €39.39 per sq. ft. Pricing at this level would reflect a net initial yield of 8.7%, after standard Irish purchaser’s costs of 8.46%.

TENANCY- Let to Venutra Ltd, t/a Brady Catering.- 10 year lease from April 2018 with a 5 year market rent review.- Internal repairing and insuring subject to a schedule of condition.- 5 year Tenant break option, subject to providing the Landlord with at least 6 months’ written notice.- Current rent: €68,000 per annum (exclusive).- The right hand side of the property is sub-let to Podium Event Production Ltd.

ACCOMMODATIONMeasurement Application - Gross External

SITE AREA0.43 Ha. / 1.1 Acres.

Intending purchasers are specifically advised to verify all information, including floor and site areas. See DISCLAIMER.

First Floor O�ces & Sta� Facilities 196

Industrial 1,484

Ground Floor O�ces & Sta� Facilities 216

Sq. M.

TOTAL 1,700

of any kind. All descriptions, floor areas, dimensions, plans, maps, computer generated images, references to condition, permissions or licences of use or occupation, access and other details, are for guidance purposes only and may be subject to change. The particulars and information are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely upon them as state-ments or representations of fact, and is specifically advised to satisfy themselves as to their accuracy by carrying out their yevraH mailliW fo lapicnirp ro eeyolpme oN .esnepxe nwo rieht ta ecnegilid eud nwo

third party arising out of these particulars or information. Prices / rents are quoted exclusive of VAT and any other applicable taxes that the purchaser / tenant will be liable for.

DISCLAIMER

Industrial Property Specialists

William Harvey & Co. Limited Registered in Ireland No. 727376/7 Greenmount HouseHarold’s CrossDublin 6w

T: +353 1 4532755E: info@williamharvey.ieW: www.williamharvey.iePSP Licence No. 002027

BER DETAILSBER: D2BER No.: 800516221Energy Performance Indicator: 546 kWh/m2/yr

Unit 1 Crossbeg Industrial EstateBallymount Road Upper, Dublin 24, D24 FAA9

Boundaries For Indicative Purposes Only

Fashion City Westgate Business Park Ballymount Retail CentreM50 J10 Dockrell’s Complex

Tenant Not Affected

Unit 1 CrossbegIndustrial Estate