Unit 409G, Greenogue Business Park, Rathcoole, Co Dublin, D24 Y3F1
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Auction
- Ireland
- Industrial
- Commercial
Guide Price €525,000
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Property Summary
- An industrial investment.
- Comprising double height warehouse and office accommodation together with structural mezzanine level.
- Extending to approximately 397 sqm (4,274 sq ft).
- Structural mezzanine extending to approximately 18 sqm (198 sq ft).
- Situated within an established Business Park just off of the N7 national road.
- Let to MMS Transport & Logistics Ltd.
- Lease expiry November 2034.
- Annual CPI linked reviews capped at 4% with a collar of -1%.
- Total current rent reserved €45,000 per annum.
- NIY 7.79%.
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Property description
The property is arranged over ground and first floor mezzanine to provide a substantial, end of terrace warehouse unit. Internally the property comprises ground floor double height warehouse accommodation with a clear internal height of 6.7 meters, offices, structural mezzanine level and 1 x roller shutter door. The property benefits from ample surface car parking to the front.
The park is strategically located within just 3 minutes of the Rathcoole Interchange on the Naas Road (N7), which is approx. 8.5 km from the M50 Motorway (J9) and approx. 16.5km from Dublin City Centre. With over 6 million sq. ft. of industrial and logistics stock, Greenogue Business Park is the largest development of its type in Ireland. This secure, managed park is home to occupiers such as Amazon, Google, Uniphar, Zeus Packaging, Wincanton, DFDS and many more leading companies.
Total floor area extending to approximately 397 sq m (4,274 sq ft)
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
Tenancy
The subject property is at present let to MMS Transport & Logistics Limited on a 10 year FRI lease from November 2024 at a contracted rent of €45,000 per annum. The lease provides for annual CPI linked rent reviews with a cap of 4% and a collar of -1%.
VAT
Additional Information
Please ensure that you have registered and paid your Bidder Security via bank transfer in good time before the auction so that we can ensure you are approved to bid.
Important: We do not accept Same Day / Urgent payments.
Payments must be standard SEPA payments. If you are making a payment from outside Europe (e.g. SWIFT payment), please contact us in advance.
BER Rating
BER Identification Number
801012402
Energy Performance Indicator
270.31 kWh/m²/yr
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*Terms & Conditions
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.
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