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Unit 1 & 8 Danville Business Park

Co. Kilkenny

Sold Guide Price €650,000
Property Highlights
  • The subject property comprises a fully let, modern 2-storey office building
  • Ground Floor - 210 sq.m. (2,260 sq.ft.) First Floor - 213 sq.m. (2,298 sq.ft.)
  • Total floor area extending to approximately 423 sq.m. (4,558 sq.ft.)
  • Inclusive of 22 car parking spaces
  • Guide Price €650,000 reflecting a Net Initial Yield (NIY) of 9.49% (after standard purchasers costs of 9.96%)
  • Attractive capital value of approximately €143 per sq.ft.
Property Location

Danville Business Park is located just off the Kilkenny ring road and is a purpose built office development on the outskirts of Kilkenny City.

Adjacent to the HQ of Glanbia and neighbouring business include Campion Insurance, Taxback International, Cairn, Prochem engineering, IFAC, Coillte, Glanbia, Banking 365, Insight HR, Orange Café and much more.

Located just 200m from the Kilkenny ring road which allows ease of access for all workers as they will avoid City traffic.

From Bohernatounish Road, at the Bohernatounish roundabout, Continue straight through towards IDA Park. Danville Business Park is located just 200m on the left hand side.

Property Description

Unit 1 & 8 comprises an end of terrace, modern two storey office building within Danville Business Park. The subject property is in office use throughout and comprises a mix of open plan accommodation, and glazed cellular office accommodation.

There are canteen and bathroom facilities on both floors, with access enabled bathroom facilities found at ground floor level.

Features include:

  • Suspended ceilings
  • LED lighting
  • Timber framed glazing
  • Carpet tiles over solid flooring
  • Air conditioning
  • Plastered and painted wall finishes
  • Perimeter trunking
  • There are 22 car parking spaces demised to Unit 1 & 8.

Lease Terms

Floor Tenant Lease Commencement Date Term Break Option Area sq. ft. Area sq. m. Passing Rent Car Spaces
Ground Floor Aztec Financial Services Ireland Limited 20th February 2023 10 Years End of the 5th year 2,260 210 €33,900 8
First Floor Carne Global Financial Services 23rd August 2017 10 years N/A 2,298 213 €33,900 14
Total         4,558 423 €67,800 22


All viewings are strictly by appointment through the agents Warren McCreery Auctioneers Valuers & Chartered Surveyors, and QRE Real Estate Advisors.

Property Size/Area
423 sq. m. (4,458 sq. ft.)
Property Status
BER Details
Ber Number - 800907560
Ber Energy Performance Indicator - 193.52 kWh/m2/yr
Property Location
QRE Contact
Jonathan Donnelly
Jonathan Donnelly


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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