Units 12 and 13 Oak Road Business Park, Park West, Dublin 12

Sold

Beds
Price	Sold
Property Type	Industrial Units
Size	meters²
Energy Rating	BER-D1
Refreshed on
Eircode	D12T688
Group Name	JLL Commercial
Sales License Number	002273

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

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.

BER Details

BER: D1 BER No.800147597 Energy Performance Indicator:489.48 kWh/m²/yr

Directions

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

Viewing Details

For further information, please contact: woody.oneill@eu.jll.com ronan.mcnamara@eu.jll.com

Description

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.

BER Details

BER: D1 BER No.800147597 Energy Performance Indicator:489.48 kWh/m²/yr

Directions

Viewing Details

For further information, please contact: woody.oneill@eu.jll.com ronan.mcnamara@eu.jll.com