Unit 41a, Newtown Avenue, Malahide Road Industrial Estate, Coolock, Dublin 17, D17E622
Industrial Unit
€950,000
Situated on Newtown Avenue within the Malahide Road Industrial Park and accessed via Greencastle Road or Newtown Road off the Malahide Road just north of Coolock Village. Approx 3.0 kms from the M50 Motorway/M1 Junction 3 and approx 8.0 kms from Dublin city centre. Detached industrial unit extending to approx. 1,452 sq m (15,632 sq ft) with additional first floor accommodation. The entire is situated on a self contained site of approx. 0.47 acres. The property is currently part let and producing '¬52,000 per annum. Part of the property is let to Higginbottom of Dublin Limited under the terms of a 9 year lease from 01st April 2023 and subject to a passing rent of '¬40,000 per annum. Under the terms of the lease there is a rent review due on the 01st April 2028. A further part of the property is let to Golf Yard Limited t/a EM Carpentry under the terms of a 4 years & 9 months lease from 01st March 2023 subject to a passing rent of '¬12,000 per annum. The property also contains a vacant section which has the potential to increase the overall passing rent in the short term. There is a forecourt to the front elevation accommodating surface car spaces. The existing tenants are not affected by the sale.
BER Details
B E R G€950,000
Industrial Unit
JP McDonagh
MCD Property
PSR Licence No. 004235
