Blanchardstown Corporate Park Portfolio, Blanchardstown , Dublin 15

Asking Price: €1,800,000

Property Location

Blanchardstown Corporate Park is one of Irelands premier office campuses providing international standards in design, landscaping, connectivity and accessibility over a 100 acre campus. The campus is situated to the north west of Dublin City Centre and benefi from easy access to the M50 orbital motorway and is only a 15 minute drive to and from Dublin International Airport and 25 minutes drive to and from Dublin City Centre. Occupiers within the park can avail of the generous level of parking facilities. Access to public transport at Blanchardstown Corporate Park is excellent, with three specifi routes serving the park and seven other routes linking with the Corporate Park and Blanchardstown Town Centre. Blanchardstown is a popular offi location which has attracted a number of high profi tenants including EBay, Amazon, Allied Irish Bank, Health Service Executive (HSE), IBM and BMS.

Property Description

• Office Portfolio Opportunity • Comprising 1 x entire block and 4 x office suites (vacant and occupied) • Generous car parking provisions • Excellent asset management and value enhancement opportunities • Guide Price reflects an attractive Capital Value of €91.00 per sq.ft • Guide for Entire - €1,800,000

Property Specification

Providence House (Block 3), Blanchardstown Corporate Park, Dublin 15 - Providence House is a modern, own door, four-storey over basement offi building - The accommodation extends to approximately 11,881 Sq. ft (1,104 Sq. m) in total - Benefi from fl fl plates throughout - Secure basement car parking for up to 45 car parking spaces - Specifi consists of solid fl perimeter power points, painted and plastered walls, suspended ceilings with Cat 2 lighting and air-conditioning - Providence House is currently let to BCW Technologies Limited t/a Arvato - Lease term is for 10 years from 1st of January 2012 - The Contracted rent is €93,891 per annum - The lease provides for a break option at the expiration of the fi year of the term which has been exercised - This tenant is due to vacate on the 31st December 2016 Unit 8, Block 1, Blanchardstown Corporate Park, Dublin 15 - Unit 8 is an end of terrace, own door unit, consisting of accommodation over the ground and the fi fl - The entire unit extends to approximately 2,776 Sq. ft (258 Sq. m) - The property comes with the benefi of 6 car parking spaces - Unit 8 is currently let to iCom Technologies Limited on a 25 year lease from the 19th January 2004 - The contracted rent is €45,000 per annum - The current passing rent is €40,000 per annum - The lease provides for 5 yearly rent reviews and FRI terms Unit 6, Block 1, Blanchardstown Corporate Park, Dublin 15 - Unit 6 is a vacant, 1st Floor office unit extending to approximately 2,796 Sq. ft (260 Sq. m) Unit 14, Block 2, Blanchardstown Corporate Park, Dublin 15 - Unit 14 is a vacant, First floor office unit extending to 1,207 Sq. ft (112 Sq. m) Unit 7, Block 1, Blanchardstown Corporate Park, Dublin 15 - Unit 7 is a vacant, ground fl office unit extending to approximately 1,045 Sq. ft (97 Sq. m)

Lease Terms

Long Leasehold (999 years from 2000)

Property Size/Area

Total Floor Area extending to approximately 1,830 sq.m. (19,705 sq.ft.)

Title

Leasehold

VAT

Any VAT arising as a result of the transaction will be the responsibility of the purchaser

BER Rating

BER Number

Range B1 to C3

Energy Performance Indicator

261.11