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Trinity House, Annacotty Business Park, Annacotty, Co. Limerick

  • Auction
  • Lot 211
  • Ireland
  • Industrial
  • Commercial

Sold for €705,000

Property Summary

  • An office and warehouse investment.
  • Comprising substantial warehouse and office accommodation over two buildings.
  • Extending to approximately 680 sq. m (7,319 sq. ft) in total
  • Let to Torque Technologies Limited.
  • Lease expiry December 2021.
  • Current rent reserved €40,000 per annum.
  • Significant reversionary potential.
  • 20 x surface car parking spaces.
  • Located off the M7 Motorway within Annacotty Business Park.
  • Net initial yield 6.11%.

Contact Us

Gillian Earley
Gillian Earley
Property Agent, here to help.
Naomi Mullally
Vendor's Solicitor

Contact Us

Gillian Earley
Gillian Earley
Property Agent, here to help.
Naomi Mullally
Vendor's Solicitor

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Property description

Please note viewing times can be booked through our website, BidX1.com. Please note in order to view the available times you must be logged in to your account.

The property is arranged over ground and part first floors to provide 2 x commercial buildings. Internally the property comprises a detached office building, together with a detached warehouse and manufacturing unit.

Tenancy

The entire property is at present let to Torque Technologies Limited for a term of 5 years from 23.12.2016 at a contractual rent of €40,000 per annum, exclusive of rates and VAT. The lease provides for rent reviews every fifth year and contains full repairing and insuring covenants.

Additional Details

BuildingAccommodationSq. mSq. ft
1Office504 sq. m(5,425 sq. ft)
2Warehouse176 sq. m(1,894 sq. ft)
 Total680 sq. m(7,319 sq. ft)

 

VAT

Please refer to Legal Documents

BER Rating

C3

BER Identification Number

800533523

Energy Performance Indicator

593.07 (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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