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Unit 1 & 2, Snowdrop House, Club Road, Clondalkin

For Sale

Sold Guide Price €550,000
Property Highlights
  • Warehouse Investment
  • Extending to approx. 630 sq.m. (6,787 sq.ft.) excluding Mezzanine
  • Single let to Hudson Distribution Limited
  • Passing rent of €53,000 p.a.
  • Over 3 years unexpired lease terms
  • Reduced Guide Price €550,000
  • Net Initial Yield 8.76%
  • Tenant Not Affected
Property Location

The subject property is located within Snowdrop Industrial Estate off Club Road in Clondalkin.

Unit 1 & 2 are well positioned in a terrace of modern industrial units in a quiet cul-de-sac of Robinhood Road. It is approx. 1km from the M50/Red Cow Interchange and approx. 7km from the City Centre making it an ideal logistics location with ease of access to the City Centre and all other major arterial routes.

Property Description

The subject property comprises an end of terrace warehouse investment of approx. 630 sq.m. (6,787 sq.ft.) excluding 2 x Mezzanine floors extending to approx. 671 sq.m. (7,222 sq.m.). The property comprises a warehouse/industrial building of steel portal frame construction, double skin metal deck roof incorporating translucent panels and roller shutter door with loading access. There is ample parking to the front of the unit.

Internally the unit is in use with retail warehouse configuration at ground and mezzanine level, ancillary trade counter, showroom, meeting rooms, kitchen, WC and shower accommodation provided.

Lease Terms

The property is single let to Hudson Distribution Limited for a term of 4 years 9 months from 18th April 2022 at a rent of €53,000 per annum.

Property Size/Area
Approximately 630 sq.m. (6,787 sq.ft.)
Property Status
Sold
Property Location
Documents
QRE Contact
Jonathan Donnelly
Jonathan Donnelly
 

Surveyor

Jonathan joined QRE in 2021, after graduating from Technological University Dublin with a BSc (Hons)... View More

+353 87 701 8812

 

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