Categories: Investment.
Property status:
Sale Agreed
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  • Overview

    • 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.
  • Details

    • 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.

    • 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

  • Financials

    • Price

      €500,000
    • Current Passing Rent

      €31,600 per annum
  • Contact

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