Please be advised the Land Registry Compliant Map has been added to the legal pack
- An office/warehouse investment.
- Comprising two floors of office accommodation together with warehouse accommodation.
- Extending to approximately 426 sq. m (4,585 sq. ft) in total.
- Unit 1 let to HTH Accountants.
- Informal tenancy.
- Unit 2 let to An Post (overholding).
- Unit 3 occupied by a individual under terms unknown.
- Reversionary potential.
- Total current rent reserved €31,900 per annum.
- Net initial yield 7.34%.
- Maynooth is a busy university town in Co. Kildare.
- The town is situated approximately 23km to the north of Kildare town and approximately 26km west of Dublin.
- Transport links in the area include the M4 Motorway immediately to the south, public transport is served by a host of bus services.
- The property is situated in Maynooth Business Campus just off the M4 motorway approximately 2km south of Maynooth town centre and 24km west of Dublin City centre.
- Surrounding occupiers include AOL, Pfizer and Sony.
The property is arranged to provide a two storey end of terrace modern office and warehouse unit. Internally the property comprises part ground and first floor office accommodation together with warehouse accommodation. The building is sub-divided to accommodate three tenants.
The warehouse includes following specification;
- Concrete portal framed construciton
- Recessed flourescent lighting
- Electric roller shutter door.
The office includes following specification;
- Extensive glazed exterior.
- Canteen with lino flooring and intergarated appliances
- Suspended ceilings.
- Recessed flourescent lighting.
- Carpet flooring.
Total floor area extending to approximately 426 sq. m (4,585 sq. ft).
Please refer to Legal Documents
|Floor||Unit||Present Lessee||Accommodation||Lease Terms||Current reserved rent p.a.|
|Ground||F15.1||HTH Accountants||Office||Informal tenancy *||€6,900|
|Ground||F15. 2||An Post||Office/Warehouse||10 years from 16.09.2010 *||€25,000|
|First||F15. 3||Individual||Office||Terms unknown||- |
|Total|| || || || ||€31,900|
*Draft heads of terms agreed with HTH Accountants for a new 5 year lease with deed of renunciation at a contracted rent of €6,900 per annum.
*Draft heads of terms agreed with An Post for a new 5 year lease at a contracted rent of €25,000 per annum.
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
Energy Performance Indicator
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.