Compare Properties

You can compare only 4 properties
Compare Reset
PropertyLocator.ie
  • Home
  • About
    • About Us
    • Plans and Pricing
    • Contact
    • Blog & Latest News
    • Terms & Conditions
    • Advertising Terms & Conditions
    • Privacy Notice
  • Listings
    • Find Single Property
    • Offices
    • Retail
    • Industrial & Logistics
    • Investment
    • PRS & Multi Family
    • Sites & Development Land
    • Auction
    • Pre 63 Investment
    • Restaurant & Pub
    • Hotel & Leisure
    • Healthcare
    • Agriculture
  • Agents List
    • Agar
    • Arthur Ryan
    • Bannon
    • BidX1
    • BNP Paribas RE
    • Capel Abbey
    • Colliers
    • Coonan Property
    • Elliott & FitzGerald
    • Finnegan Menton
    • F J Frisby & Associates
    • Harvey
    • Hooke & MacDonald
    • HWBC
    • JLL
    • Kelly Walsh
    • Knight Frank
    • Lisney
    • Mason Owen Lyons
    • McNally Handy
    • Murphy Mulhall
    • QRE
    • Quantum Property Consultants
    • Quinn Agnew
    • Robert Colleran
    • Turley
    • TWM
  • Other Services
    • Accountancy & Tax
    • AIB Real Estate
    • Connectedhubs.ie
    • Construction Consultants
    • Construction Information Services
    • CPL – Work The Future
    • Elephant Click & Store
    • Legal Advisors  
    • Property Finance
    • Recruitment Consultants
    • Sustainability Consultants
    • Valuers
  • Submit Property
  • Log In / Register

Unit 2A The Atrium, Blackpool Business & Retail Park, Cork For Sale Investment

Unit 2A The Atrium, Blackpool Business & Retail Park, Cork
€900,000
€1810 / sq m
  • 497 sq m

Description

Price €900,000

Features

  • A prime suburban office investment (tenants not affected).
  • Located in the successful and high-quality environment of the Blackpool Business & Retail Park
  • Let to Atrium Facilities Management Limited
  • Second Floor office suite extending to approximately 497 sqm (5,346 sqft)
  • New 15 year lease commencing on the 1st of Nov 2020
  • Tenant only break option 1st November 2025
  • Lease expiry 1st November 2035
  • Current rent €80,000 per annum exclusive
  • Guide Price €900,000 reflecting a net initial yield of 8.09%
  •  

Location

Located just off the N20, the property is situated approx. 2.5km north of Cork City centre. The office suite is within The Atrium building which forms part of the successful Blackpool Business and Retail Park. Blackpool is the premier business destination on the northern side of Cork City. The Business Park comprises a major development of high specification third generation offices. The main entrance to the building is from the property’s north eastern end through a bright glazed entrance leading to an impressive atrium, the full building height.

Neighbouring office occupiers within the subject property include AIB, Westbourne IT Global Services, Garda Síochána Ombudsman Comission and Blizzard, a gaming support centre company. Some of the main retailers in the park include Woodies DIY, Next Home, Aldi, Argos, Boots, Costa Coffee and Life Style Sport as well as Blackpool Reel Picture Cinema and Dennehy’s Health & Fitness Club. The adjacent Blackpool Shopping Centre comprises multiple retailers, with Dunnes anchoring the centre with just over 6,800 sqm of retail space. The location offers employees a superb working environment convenient to all amenities as well as being in close proximity to the Mallow/Limerick N20 Routes.

Blackpool is one of Cork’s oldest inner city suburbs and is seen as a gateway entrance into the city given its key location on one of the primary access routes into Cork.

 

Full Description

The property comprises a modern third generation office suite on the second floor of The Atrium Building. Internally the offices are laid out to a high standard with attractive reception area, a series of meeting rooms, open plan office areas, a boardroom, IT/Comms room with a fully fitted canteen area and toilets. Communal areas including lift lobbies and circulation area’s presented in a very modern way with the benefit of superb natural lighting filling the communal atrium area. Total floor area extends to approx. 497 sqm (5,346 sqft).

 

High Specification Fit Out

• Fully Air Conditioned

• Raised access floors (wired for power and data)

• Suspended ceilings with recessed light fittings

• Board Room

• Reception

• Kitchenette/Canteen

• Meeting Room x 2

• Offices x 3

• Cat 5e cabling

• Modular/flexible layout to suit different customer types and sizes

• Swipe card access, Intruder Alarms, CCTV, Recording, Monitoring

• Gents & Ladies Toilets

• Standby Generator on roof

 

Tenancy:

The second-floor commercial unit is held by “Atrium facilities Management Limited” under a new 15 year lease commencing on the 1st of November 2020. The current rent is €80,000 per annum exclusive and the lease incorporates a rent review at the end of year 5 and 10 to market rent.  There is a tenant only break option on the first day of the sixth year of the term exercisable with six months advance notice in writing. The tenant is responsible for service charges, insurance, and rates. 6 parking spaces in the adjacent multi-storey carpark form part of the tenancy.

 

Viewing Details:

 

By special appointment with the sole selling agent, Lisney.

 

Accommodation:

 

 657 total views

Details

  • Building Age: Modern
  • BER Rating: BER D1 F
  • Download 28717_brochure_16051108818.pdf

Features

  • Available Now
  • Car Parking
  • Transport Links

Location

Street View
Margaret Kelleher Lisney

Margaret Kelleher Lisney





    Featured Properties

    Featured For Sale
    Timaru, 4B Kitestown Road, Howth, Dublin 13Guide €2,000,000
    Featured For Sale
    Units 1,2&3 Stephens Place Spencer Street, Castlebar, Co. MayoGuide 1,300,000
    • 525 sq m
    Featured For Sale
    Commercial Units at Riverside Developement, Main Street, Arklow, Co. WicklowGuide €700,000
    • 527 sq m
    Featured For Sale
    Beara Coast Hotel Castletownbere Co. CorkGuide 1,500,000
    Featured For Sale
    37 Harcourt Street, Dublin 2Guide €1,750,000
    • 490 sq m
    Featured For Sale
    Unit 404 Grants Drive, Greenogue Business Park, Rathcoole, Co. DublinGuide €2,950,000
    • 1,838 sq m
    Featured For Sale
    Fenbyrne House, Main Street, Arklow, Co. WicklowGuide €1,850,000
    • 77 Sqm - 109 Sqm sq m
    Featured For Sale
    Bank of Ireland, 68 Main Street, Longford Town, Co. LongfordGuide €1,250,000
    • 478 sq m
    Featured For Sale
    Bank Of Ireland, Abbey Square, Mill Park Road, Enniscorthy, Co. WexfordGuide €1,200,000
    • 480 sq m
    Featured For Sale
    St Stephens Green house, Earlsfort Terrace, Dublin 2.Guide €50,000,000
    • 6,348 sq m

    Logo

    Ireland’s most comprehensive Commercial Property Platform open 24/7 and on the move. Be part of the next generation in the ever changing market and benefit from greater efficiencies and innovations.
     

    Supported by

    Supported by Logos

    Helpful Links

    • Agents List
    • Why Advertise with Us?
    • Cookie Policy
    • Terms & Conditions
    • Advertising Terms & Conditions
    • Privacy Notice

    Contact Us

    Unit 2, Aspen Court, Dublin 18
    Phone: + 353 1 289 14 29
    E-Mail: info@propertylocator.ie

    © PropertyLocator.ie All Rights Reserved.