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Unit 3, The Courtyard, Kilcarbery Business Park

Nangor Rd, Dublin 22

Sold €365,000
Property Highlights
  • Suburban office investment
  • Modern two storey office building
  • 3 x surface car parking spaces
  • Passing rent of €29,568 per annum
  • Net Initial Yield 7.37%
  • Tenants not affected
Property Location

Kilcarbery Business Park is an established Business Park comprising 25 own door office units, providing in excess of 6,700 sq.m. (72,000 sq.ft.) of prime office and light industrial accommodation. The Park is situated directly opposite the main entrance to Profile Park on the R134 (New Nangor Road).


Notable adjoining occupiers include Microsoft, Pfizer, Google, BWG Group, Aryzta and Microsoft. The business park benefits from excellent access to the national
road network with the M50 motorway providing direct links to Dublin Airport and Dublin City Centre.

Property Description

The property comprises a modern mid terrace two storey office building. The building extends to approximately 235 sq.m. (2,521 sq.ft.) GIA and has 3 surface car parking
spaces. Internally, the ground floor provides for open plan accommodation, tea station and w/c to the rear. The first-floor accommodation provides for open plan office accommodation with a cellular office, canteen, storage, WC and 2* showers.

Specification Includes:

• Solid floors
• Perimeter trunking wired for power and data cabling
• Suspended ceilings with recessed fluorescent lighting
• Plastered and painted walls
• Air conditioning cassette units throughout
• GFCH
• CCTV.

Lease Terms

Name Floor Size Sq,ft GIA Lease
Commencement
Term Annual Rent €
Spiritualist Union
of Ireland
Ground Floor 1,195 1st March 2018 4 years 9 months 14,784
LMC Energy Ltd First Floor 1,327 1st June 2019 1 year 14,784
Total         €29,568

Property Size/Area
235 sq.m. (2,521 sq.ft.)
Property Status
Sold
BER Details
Ber Number - 800782518.
Ber Energy Performance Indicator - 322.53 kWh/m²/yr1.24.
Property Location
Documents
QRE Contact
Bryan Garry
Bryan Garry
MRICS MSCSI  

Director Investment

Bryan has over 13 years of experience in the Irish commercial property market. As Director of the In... View More

083 3918649

(01) 637 5544

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