Lot

1

Unit E, Merrywell Business Park, Ballymount Road Lower, Dublin 12

Bidding Closed

SOLD FOR

€1,221,000

Property Enquiries

Anna-Kate Fields

anna-kate.fields@bidx1.com
+353 (0)1 667 3388

Viewings/Registration Enquiries

BidX1 Support Team

info@ie.bidx1.com
+353 (0) 1 667 3388

Vendor Solicitor

Cathy McFadden

cathy.mcfadden@whitneymoore.ie
+353 (0)1 611 0065

Description

Map

Viewings


Property Summary
  • A modern warehouse investment.
  • Comprising warehouse, office and ancillary accommodation.
  • Extending to approximately 1,950.93 sq. m (21,000 sq. ft) in total.
  • Let to Corporate Audio Visual Services Limited.
  • Lease expiry 2033.
  • Total current rent reserved €134,823 per annum.
Location
  • Dublin 22 is a west Dublin suburb.
  • The area is situated to the north of Tallaght and south of Lucan approximately 12km west of Dublin city centre.
  • Transport connections are provided by the M50 Motorway directly to the east, the Luas red line, together with several bus routes.
  • The property is situated within Merrywell Business Park which is located on the southern side of the Ballymount Road Lower, off Turnpike Road.
  • Surrounding occupiers include An Post, Canpak Limited and All Water Systems Limited.
Description

The property is arranged over ground and one upper floor to provide a warehouse unit. Internally the property comprises office accommodation to the front and warehouse accommodation to the rear.

The warehouse includes the following specification;

  • Concrete portal frame construction
  • Pitched double skin metal deck roof
  • Perspex roof lights
  • PVC frame double glazed units
  • High bay sodium lighting
  • Clear eaves height of 6.5m

The office includes the following specification;

  • Suspended ceilings
  • Recessed fluorescent strip light units
  • Ducted air conditioning system

Total floor area extending to approximately 1950.93 sq. m (21,000 sq. ft).

Tenancy

The entire property is at present let to Corporate Audio Visual Services Limited for a term of 15 years from 2018 at a contractual rent of €134,823 per annum, exclusive of rates and VAT. The lease provides for rent reviews every fifth year and contains full repairing and insuring covenants.

We are advised by the Vendor that part of the first floor is sublet to 2 x individuals.

VAT
Please refer to the legal documents.
Property Table

 

Floor Accommodation Sq.m (Sq.Ft)
  Total 1,950.93 sq. m (21,000 sq. ft)
Ground Office 386.33 sq. m (4,158 sq. ft)
Ground Workshop and ancillary accommodation 298.71 sq. m (3,215 sq. ft)
Ground Warehouse 577.20 sq. m (6,213 sq. ft)
First Office 688.69 sq. m (7,413 sq. ft)
BER
Number

800632945

Energy Performance Indicator

355.84 kWh/m²/yr 1.25

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.