Lot 3 31 & 34 Northwood Court, Northwood Business Park, Santry, Dublin 9, D09X489

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Property Enquiries

Johnny O’Connor

johnny.oconnor@bidx1.com
+353 (0)86 380 1639

Viewing/ Registration Enquiries

BidX1 Support Team

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

Vendor Solicitor

Barry Heslin

barry.heslin@whitneymoore.ie
+353 (0)1 611 0000
Description
Map
Viewings

Property Summary
  • A self contained ground floor office investment
  • Total floor area approximately 362.2 sq. m (3,511 sq. ft)
  • Let to Tifco Limited, with strong tenant covenant
  • Lease expiry December 2028
  • Current rent reserved €104,000 per annum
  • 5 yearly upward only Rent Reviews
  • 8 Car Parking Spaces
  • NIY of 8.6%
Location
  • Northwood Court is located in Santry, a north Dublin suburb.
  • Santry is situated approximately 7km north of Dublin City Centre and 5km south of Dublin Airport.
  • The area is well serviced by major transport links, including the M50 ring road and M1 motorway accessible approximately 5km north east at Junction 3.
  • The property is situated within Northwood Business Campus which comprises a mix of residential and commercial units.
Description

The property is arranged over ground floor only to provide an office suite within Northwood Court. Internally the property comprises an entrance lobby with 7 x individual offices, a board room and open plan office area. The property benefits from eight car parking spaces.

The specification includes:

  • Raised access floors
  • Suspended ceilings
  • Recessed lighting
  • Kitchen
  • Toilet including shower facilities

Total floor area extending to approximately 326.2 sq. m (3,511 sq. ft)

Accommodation

 

Tenancy

The unit is let to Tifco Limited on two separate leases with mirroring terms as detailed in the table below.

VAT
Please refer to Legal Documents
Property Table
Unit Size in
Sq Ft
Car
Spaces
Lease
Commencement
Lease
Term 
Lease
 Expiry
Rent
Reviews
Lease
Type
Passing Rent
per annum
Rent per
Sq Ft
Unit 31        1,704428-Dec-0721 Years27-Dec-285 yearly
Upward Only
IRI Lease€52,000 excl.€29.60
Unit 34        1,807428-Dec-0721 Years27-Dec-285 yearly
Upward Only
IRI Lease€52,000 excl.

€28.80

 

BER
Number

800758658

Energy Performance Indicator

271.58 kWh/m²/yr 1.68


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.


Contact Johnny about this property