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Sale Agreed

Unit 18 Cherry Orchard Industrial Estate, Dublin 10,

Cherry Orchard, Dublin 10, D10 NH02
4,424 SQ.FT
€495,000
Industrial Property

Property Overview

BEST BIDS INVITED FRIDAY 5PM 24th June.

The property comprises a mid-terrace industrial premises with small showroom and offices on the ground floor with meeting rooms at first floor level. There is warehouse accommodation to the rear. The building is of concrete portal frame construction with concrete block infill walls to full height all under a double skin pitched insulated metal deck roof incorporating translucent roof lights. The warehouse area has a concrete floor fare faced concrete block walls and is accessed via one roller shutter and has an eaves height of approx. 5.7m.
The premises benefits from car parking and loading/unloading area to the front of the property.

ACCOMMODATION
The accommodation and approximate floor areas are as follows:

Description Sq. M.
Two Storey Offices 81.22
Warehouse 329.78
Total Gross External Area 411

LEASE TERM
The property is let on a 10-year lease from 1st March 2015 at a current rent of €31,000 per annum. The tenant is Walshglade Ltd t/a Heatmerchants.
Heat Merchants Group trades in 43 outlets around Ireland as Heat Merchants and Tubs & Tiles. The group has 31 Heat Merchants branches and 12 Tubs & Tiles showrooms supported by a central warehouse and distribution hub based in Athlone. The Group’s business support services and technical design hub are based in offices in Athlone and Balbriggan.

PRICE
€495,000 exclusive.

RATES
RV 4,310 Multiplier for 2022 is 0.2760 = €11,895.60.

SERVICES
We understand that all mains services are supplied and connected to the property including 3-phase power.

VIEWINGS/FURTHER INFORMATION

BEST BIDS INVITED FRIDAY 5PM 24th June.
For further information or to arrange a viewing contact:
Cathal Daughton M: 087 6899908 E: cdaughton@lisney.com
James Kearney M: 087 7380566 E: jkearney@lisney.com

Viewings are strictly by prior appointment with sole agents Lisney.

BEST BIDS INVITED FRIDAY 5PM 24th June. The property comprises a mid-terrace industrial premises with small showroom and offices on the ground floor with meeting rooms at first floor level. There is warehouse accommodation to the rear. The building is of concrete portal frame construction with concrete

  • BEST BIDS INVITED FRIDAY 5PM 24th June.
  • Excellent Mid-terrace warehouse, showroom & office facility.
  • Extending to approx. 411 sq. m. (4,424 sq. ft.).
  • Superb location within close proximity to the city centre and M50 with well know occupiers in the area that include Lidl, McMahons Builders Providers and Irish Pride.
  • 3 Years remaining at a current passing rent of €31,000 per annum.
  • Title: Freehold.

Accommodation

Description
Two Storey Offices81.22
Warehouse329.78
Total Gross External Area411

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