Auction
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Castle Court, Monkstown, Co. Dublin, A96 T924

  • Auction
  • Ireland
  • Office
  • Commercial

Guide Price €1,850,000

Bidder Security €50,000 *fully refundable if unsuccessful bidder
Auction Date 23 May
Bidding Opens 10:00 (GMT+1)
Bidding Closes To be Confirmed

Property Viewings

Friday 17th at 10:30am Wednesday 22nd 1:30pm.
Phone
+353 (0) 1 667 3388
Email
info@ie.bidx1.com

Property Summary

  • Suburban office investment.
  • Comprising office accommodation at ground, first and second floor level.
  • Located within close proximity to a number of public transport links. 
  • Total floor area extending to approximately 949 sq m (10,215 sq ft). 
  • Unit 1 let to Stillorgan Gas Heating & Plumbing Ltd.
  • Lease expiry March 2026.
  • Unit 2,3 & 4 let to Irish Food Publishers Ltd.
  • Lease expiry December 2026.
  • Unit 5 & 6 let to A.Menarini Pharmaceuticals Ireland Ltd.
  • Lease expiry December 2026.
  • Future development potential (SPP)
  • Total current rent reserved €185,800 per annum + VAT.
  • NIY 9.13%.

Contact Us

Robert Hefferon
Robert Hefferon
Property Agent, here to help.
Richard Hoey
Richard Hoey
Property Agent, here to help.
Catherine Young
Vendor's Solicitor

Contact Us

Robert Hefferon
Robert Hefferon
Property Agent, here to help.
Richard Hoey
Richard Hoey
Property Agent, here to help.
Catherine Young
Vendor's Solicitor

Downloads

Property description

The property is arranged over ground, first and second floor level to provide a modern detached office building. Internally the property provides three floors of high specification office accommodation laid out as 3 x self-contained units at ground floor level and two larger floor plates at first and second floor level.

The property benefits from the provision of 24 external surface car parking spaces, bicycle parking, shower facilities, 8-person modern lift and WC on each floor.

The office specification comprises:

  • Raised access floors.
  • Anti-static carpet tiles
  • Suspended ceilings
  • High frequency CAT 2 light fittings
  • Thermostatically Controlled Radiators
  • Modern air conditioning system
  • CAT 5 cabling
  • 8 x person passenger lift
  • 24 surface car parking spaces
  • Bicycle parking.
  • Shower facilities.

Location

  • Monkstown is a suburb situated in south county Dublin approximately 10km south of the city centre.
  • The town centre is home to an array of amenities and bars & restaurants including Avoca Food Market, 8a Brasserie & FX Buckley Steakhouse.
  • The building benefits from strong public transport links with the multiple Dublin Bus routes within close proximity, the N11 & M50 just 2km & 3km west and Monkstown DART station a short 15 minutes’ walk from the building.
  • Notable occupiers within the immediate vicinity include Hickeys Pharmacy, The National Rehabilitation Hospital and The Dublin Institute of Art Design & Technology. 

Tenancy

Please refer to legal documents

Additional Details

 FloorUse TenantSq. M.Sq. Ft. Car SpacesLease TermLease ExpiryPassing Rent + VAT
GroundOfficeStillorgan Gas Heating & Plumbing Ltd6671424 year-9 month lease from May 2021. The tenant has signed a Deed of Renunciation31 March 2026€13,000
Ground & 1stOfficeIrish Food Publishers Ltd2933,1541010 years from January 2017 with 5 yearly open market rent reviews. The tenant has signed a Deed of Renunciation31 December 2026€56,800
1st & 2ndOfficeA.Menarini Pharmaceuticals Ireland Ltd3603,88112Two seperate leases one is a 20 year lease from December 2006 and the other is an 11 year-3 month lease from December 2016. 31 December 2026€116,000
Common Areas  2302,475    
Total  949 10,21524  €185,800

 

All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.

VAT

Please refer to Legal Documents

BER Rating

B3

BER Identification Number

800114746

Energy Performance Indicator

330.8 kWh/m²/yr

Helpful links

*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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