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Unit 14, Sunshine Industrial Estate, Crumlin Road, Dublin 12

For Sale by Online Auction

For Sale Guide Price €725,000
Property Highlights
  • For Sale by Online Auction via Offr on 7th December
  • Warehouse Investment
  • Extending to approx. 778 sq.m. (8,373 sq.ft). excluding Mezzanine
  • Single let to A.P. Haslam Limited
  • Passing rent of €85,000 p.a.
  • Lease expiry 2033
  • Net Initial Yield 10.66%
  • Zoned Z10 - Inner city Sustainable Mixed-Uses
  • Potential Redevelopment (S.P.P)
Property Location

The subject property is located within Sunshine Industrial Estate in Crumlin. This well established industrial estate is positioned off the Crumlin Road backing onto Brickfield Park in Drimnagh. It is positioned approximately 3km from Dublin City Centre and approximately 4.7km from the M50, 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 a substantial warehouse investment extending to approx. 778 sq.m. (8,373 sq.ft) excluding a substantial approx. 565 sq.m. (6,080 sq.ft.) first floor mezzanine.

The property comprises a warehouse/industrial building of concrete block construction with pebble dash finish, asbestos roof incorporating translucent panels, solar panels and roller shutter door. 

Internally the unit is predominantly in storage/workshop configuration at ground and mezzanine level with ancillary trade counter, offices, training rooms, meeting rooms along with kitchen, WC and shower accommodation provided.

The subject lands are zoned "Z10 - Inner city Sustainable Mixed-Uses" benefiting from Potential Redevelopment (S.P.P). The land use zoning objective is to consolidate and facilitate the development of inner city and inner suburban sites for mixed uses. 

Lease Terms

The property is single let to A.P. Haslam Limited for a term of 20 years from 01.01.2013 at an annual rent of €85,000 per annum. The lease provides for full repairing and insuring covenants and provides for open market rent reviews.

In the normal manner, this is an investment sale and the existing tenants are not affected by the sale.

Property Status
For Sale
BER Details
Ber Number - 800932444
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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