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Overview
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Key points:
- The subject property comprises four adjoining industrial units which extend to approx. 1,682 sq.m (18,114 sq.ft.).
- Accessible and established location.
- Current passing rent is €31,600 per annum.
- Significant potential to increase the rent roll through additional letting and asset management.
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Details
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Location
The subject property is located in the heart of one of Dublin’s most established industrial parks. The Malahide Road Industrial Estate is situated approximately 10km north of Dublin city centre and is within 10 minutes’ drice of the M50/M1 interchange which links to all major national routes, Dublin airport and Dublin Port (via the Port Tunnel). Occupiers within the Estate include First Stop Tyres, Chadwicks, Bargaintown, Iceland, Des Kelly and Sofa Galaxy.
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Accommodation
Unit No. Sq.m (GEA) Sq.ft. (GEA) Unit 1 501.01 5,393 Unit 2 454.76 4,895 Unit 3 452.55 4,871 Unit 4 N/A N/A Unit 5 N/A N/A Unit 6 274.5 2,955 Total 1,682.83 18,114 -
Tenancies
Unit No. Tenant Passing Rent (p.a.) Commencement Date Expiry Date Unit 1 Horizon Windows € 10,800 01/05/1985 01/05/2020 Unit 2 Michael Flynn t/a Mattress Mick € 10,400 01/12/2007 01/12/2027 Unit 3 Michael Flynn t/a Mattress Mick € 10,400 01/02/2000 01/02/2025 Unit 4-5 Site Unit 6 Vacant Total € 31,600 -
BER
C3-G
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Financials
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Price
€500,000 -
Current Passing Rent
€31,600 per annum
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Contact
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Brian Gaffney
Email: bg@murphymulhall.ie Tel: +353 1 531 1032
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