Suburban Warehouse Investment
Lease expiry 2038
Passing rent €40,000 p.a.
8% Net Initial Yield
• An attractive showroom and warehouse investment
• Subject to a tenancy
• Passing rent €40,000 p.a.
• Lease expiry 2038
• Extending to approximately 540 sq. m (5,813 sq. ft) in total
• Guide Price €460,000 (NIY 8%)
• Tenants not affected
The property is situated at the eastern end of the Three Rock Road in Sandyford Business Park. Sandyford has become one of the most successful suburban locations in Dublin due to its excellent accessibility and exceptional amenities and facilities. Sandyford attracts a much sought-after workforce which is ideal for the many international and national occupiers already situated in the area. Surrounding high-profile occupiers include; Salesforce, Chill Insurance, Mercury Engineering, Google, Vodafone and Microsoft to name but a few.
Three Rock Road is within a 5-minute walk of the Stillorgan Luas, 5-minute drive to the M50, with multiple bus routes including the Aircoach and feeder bus service to Blackrock DART Station all in proximity.
The subject property comprises an end of terrace warehouse/showroom building arranged over ground, first and second floors and extends to approximately 540 sq.m. (5,813 sq.ft.) in total. The building comprises office/showroom accommodation to the front and warehouse/ancillary storage accommodation to the rear. WC facilities are provided at ground and first floor whilst there is a kitchen/canteen at first floor level. There is a fire escape to the rear of the property. The property benefits from a modern fit out to include;
• Part suspended ceilings with recessed strip fluorescent lighting
• Painted and plastered walls and ceilings (with feature lighting)
• Air conditioning (in part)
• WC facilities
• Kitchen facilities
Please refer to agent
Energy Performance Indicator
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