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Sale Agreed

Units 20 & 32 Eastlink Business Park,

Co. Limerick, V94 D9V3
7,991 SQ.FT
Offers in excess of
€460,000
Investment Property

Property Overview

Eastlink Business Park comprises a modern development of approx. 78 commercial units built circa 2007. This secure and gated development benefits from extensive communal parking between the various blocks.

Unit 20 

  • Comprises of a mid-terrace warehouse unit.
  • The property is of steel portal frame with concrete block walls to full height, finished externally with aluminum cladding.
  • The unit has a pitched metal deck roof with translucent roof lights and LED lighting throughout.
  • The eaves height to the rear is approx. 7.7m internally with a single roller shutter door to the warehouse area and a pedestrian door to the front that provides access to the office accommodation and the mezzanine floor (currently in shell condition)
  • The property benefits from parking to the front.

Unit 32 

  • Comprises of a mid-terrace warehouse unit.
  • The property is of steel portal frame with concrete block walls to full height finished externally with an aluminum cladding.
  • The unit has a pitched metal deck roof with translucent roof lights .
  • The eaves height to the rear is approx. 7.7m internally with a single roller shutter to the warehouse area and a pedestrian door to the front that provides access to the office
    accommodation across the ground floor, 1st floor return and first floor.
  • The property benefits from parking to the front.

TENANCY

  • Unit 20 is leased to Heineken Ireland Limited on a 5 year full repairing and insuring lease from 19th August 2022. The contracted rent is €19,000 per annum
  • Unit 32 is leased to a Private Individual t/a The DPF Clinic on a 5 year full repairing and insuring lease from 6th November 2020. The contracted rent is €15,000 per annum.

Eastlink Business Park comprises a modern development of approx. 78 commercial units built circa 2007. This secure and gated development benefits from extensive communal parking between the various blocks. Unit 20  Comprises of a mid-terrace warehouse unit. The property is of steel portal frame with

  • Two commercial investment properties (built circa 2007) for sale in a single lot
  • The buildings extend to a combined 742.4 sq.m (7,991sq.ft) GEA
  • Fully let producing a combined rent of €34,000 p.a, which is reversionary in the current market
  • Strong tenant profile including Heineken Ireland Limited and The DPF Clinic
  • Offers are sought in excess of €460,000

Accommodation

PropertyGround GEA Mezz GEATotal GEA
Unit 20 Eastlink Business Park Warehouse 218.9 sq.m / Office 18.9 sq.mWarehouse 120.8 sq.m 358.6 sq.m (3860 sq.ft)
Unit 32 Eastlink Business park Warehouse 202 sq.m / Office 44.2 sq.mOffice Return 18 sq.m / Office Mezz 119.2 sq.m 383.8 sq.m (4,131 sq.ft)
Total 742.4 sq.m (7,991 sq.ft)

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