INVESTMENT OPPORTUNITY – Tenant interest not affected.
End of Terrace, single-storey warehouse with two-storey offices on the front elevation. 5,400 sq. ft. (502 sq. m.)
Unit 2, 97-98 is situated on Lagan Road within the heart of Dublin Industrial Estate 6km north of Dublin City Centre and within easy access of Dublin Port Tunnel and Dublin Airport.
Unit 2, is let to Lucky Me Ltd. on a 10 year lease with 5 year rent reviews from March 2021. Rent €45,000 per annum exclusive. All outgoings payable by tenant. Break option at the end of year 5. Next Rent Review March 2026. Current ERV c.€55,000p.a.
The premises comprise an end of terrace warehouse building with two storey office accommodation to the front. The warehouse is of steel portal frame construction. The property is within a cluster development with 5 other buildings on an enclosed site with main road frontage. There is loading access via roller shutter at the side of the property.
The property presents in good condition throughout being fully occupied for food distribution purposes by the current tenant.
The offices are in walk in condition and recently refurbished with aircon and heating. There is ample car parking and accessor cars and goods vehicles.
Price available on application.