Industrial
Ref 143437

Units 1, 2A And 2B Chestnut Road,

Western Industrial Estate
Dublin 12, D12 DK4K

Available on request
Size12,400 ft² / 1,152 m²

Summary

This opportunity presents investors with strong reversionary prospects both in terms of yield and through modernisation of the units

  • Fully self contained, gated and fenced units
  • No separate service charge for the estate or building
  • Clear internal height of 6.60m
  • 3 roller doors
  • Off-street parking
  • Signed Deed of Renunciation

Description

JLL are selling three mixed-use units in Western Industrial Estate with a guide price of €990k, which represents an initial yield of 6.43% (subject to contract).

The area extends to approximately 12,400 sq. ft.* (1,150 sq. m.).

This opportunity presents investors with strong reversionary prospects both in terms of yield and through modernisation of the units.

Single let to A&T Drain Services Limited t/a Drain Doctor, with a total annual passing rent of €70,000 and term certain of 6.5 years.

The property provides predominantly offices with industrial space.

Additionally, the close proximity to major roads such as the M50 and N7 (Naas Road) provide the industrial park with nationwide access.

*Disclaimer - Floor areas are not to be relied upon and any potential purchasers should underake their own due diligance.

Building Energy Rating:

Unit 1: BER: E1; BER no. 800657983; EPI: 473.6 kwh/m sq/yr
Unit 2A BER: D2; BER no. 800894370; EPI: 264.29 kwh/m sq/yr
Unit 2B BER: e1; BER no: 800894388; EPI: 372.91 kwh/m sq/yr

Building Energy Rating

Building Energy Rating D2-E1

Location and Transport

The units are located in the well established Western Industrial Estate in South Dublin which benefits from being located just over 2km from the M50 (Junction 9) and the N7 Naas Road.

The location would be suitable for small to medium businesses due to the close proximity to Dublin City Centre and arterial links closeby.

Additionally, the assets are well serviced by public transport.