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Sdílet
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Sdílet

Units 12 & 13 Oak Road Business Park

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Park West
D12 T688 Dublin 12
Ref: 615995

  • 9,939 ft²
  • Available on request
  • Availability: Immediately

Description

Description

Secure Investment Opportunity ; 9,939 Sq Ft Modern Warehouse Facility (Tenant not Affected)

Modern end of terrace light industrial facility comprising two interconnecting light industrial units. The building incorporates two storey office accommodation to the front elevation with warehouse space to the rear

Open plan office accommodation incorporating suspended ceilings with recessed lighting, plastered and painted walls, electric storage heating and carpet coverings throughout

Concrete frame construction and finished externally with an insulated metal clad and feature composite panel façade

Clear internal height of approximately 7.0 metres

2 standard grade loading doors to the front elevation

3 phase power, gas fired warm air blowers and artificial lighting via strip tube lighting

19 car spaces provided

Investment Summary:

Let under a 25 year full repairing and insuring lease from 29 June 2001 to John Dickinson Stationery Limited

John Dickinson Stationery rebranded as Hamelin Brands Limited in 2008

Hamelin Brands Limited had an operating profit of €3.4M in 2017 and a Vision Net score of 96, reflecting a low credit risk

The passing rent is €100,000 per annum

The rent is subject to 5 yearly upward only rent reviews

The unit is sublet to NTS on a 7 year 6 month lease from 1 January 2018

Location:

The property is situated within Oak Road Business Park, a modern business park situated off the Nangor Road a short distance from its junction with the Naas Road/Longmile Road

The estate is accessed via the Nangor Road at the junction of Park West Business Park and Western Industrial Estate

Nangor Road is a strategic arterial route which connects Clondalkin and its commercial surroundings to the west with the Naas Road

Building Energy Rating

BER: D1
BER No: 800147597
EPI: 489.48 kWh/m²/yr

For further information, please contact:

woody.oneill@eu.jll.com
ronan.mcnamara@eu.jll.com

Please click here to view our PDF brochure

Features

Features

  • Secure Industrial Investment Opportunity
  • Attractive initial yield of 7.1%
  • Modern light industrial facility
  • 25 year FRI lease from June 2001 Passing rent of €100,000 p.a.
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Woody O'Neill
Woody O'Neill