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Charlies Childcare, Balheary Business Campus, Swords, County Dublin

Sale Agreed Energy Rating K67WY10 652.3 m2
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Charlies Childcare, Balheary Business Campus, Swords, County Dublin

Sale Agreed

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Beds
Price Sale Agreed
Property Type Investment Property
Size 652.3 meters2
Energy Rating BER-C3
Refreshed on May 14, 2024
Eircode K67WY10

Description

** INVESTMENT OPPORTUNITY ** TENANTS NOT AFFECTED ** Modern detached Montessori/Creche facility located in Swords Business Campus. Charlies Childcare purchased the business in 2023 from the landlord and have several Montessori€TM/Creches in the area. Balheary Business Campus includes tenants such as the HSE Mater Private Hospital, Laya Healthcare Urgent Clinic, Central Statistics Office, Inland Fisheries Ireland among others. LOCATION Balheary Business Campus is located on Balheary Road, a short distance from Swords town and close to Applewood Village and the R132 and is approximately 3 kilometres from the Lissenhall Interchange on the motorway. Swords has an existing population of approximately 45,000 people and there are substantial residential lands being developed at present. DESCRIPTION The building is constructed of concrete block walls, cement rendered externally, mono pitched Kingspan roof, concrete and suspended timber floors and UPVC double glazed windows. The building is approximately 20 years old and overlooks Balheary Park. Outside - Two play areas with specialised play surface, secure boundaries and grass playing area. FLOOR AREA - GROSS INTERNAL AREA Ground floor: 544.48 sq. m. (5,861 sq. ft.) First floor: 107.82 sq. m. (1,171sq. ft.) __________________________ 652.30 sq. m. (7,032 sq. ft.) LEASE DETAILS Occupational lease 15 years from 10th February 2014, incorporating rent review every five years. Current market rent is E145,000 per annum. There is no VAT payable by the tenant on the rent. TITLE The property is held under a 500-year lease from 1st June 2000. The freehold is vested in the management company owned by SISK Property. SERVICE CHARGE There is an annual service charge payable by the occupying tenants of E7,296 per annum. RATES The occupational rates are E15,122.32 for 2024. VIEWING Strictly by prior appointment with Redmond Property AMV E1,650,000

BER Details

BER: C3

Description

** INVESTMENT OPPORTUNITY ** TENANTS NOT AFFECTED ** Modern detached Montessori/Creche facility located in Swords Business Campus. Charlies Childcare purchased the business in 2023 from the landlord and have several Montessori€TM/Creches in the area. Balheary Business Campus includes tenants such as the HSE Mater Private Hospital, Laya Healthcare Urgent Clinic, Central Statistics Office, Inland Fisheries Ireland among others. LOCATION Balheary Business Campus is located on Balheary Road, a short distance from Swords town and close to Applewood Village and the R132 and is approximately 3 kilometres from the Lissenhall Interchange on the motorway. Swords has an existing population of approximately 45,000 people and there are substantial residential lands being developed at present. DESCRIPTION The building is constructed of concrete block walls, cement rendered externally, mono pitched Kingspan roof, concrete and suspended timber floors and UPVC double glazed windows. The building is approximately 20 years old and overlooks Balheary Park. Outside - Two play areas with specialised play surface, secure boundaries and grass playing area. FLOOR AREA - GROSS INTERNAL AREA Ground floor: 544.48 sq. m. (5,861 sq. ft.) First floor: 107.82 sq. m. (1,171sq. ft.) __________________________ 652.30 sq. m. (7,032 sq. ft.) LEASE DETAILS Occupational lease 15 years from 10th February 2014, incorporating rent review every five years. Current market rent is E145,000 per annum. There is no VAT payable by the tenant on the rent. TITLE The property is held under a 500-year lease from 1st June 2000. The freehold is vested in the management company owned by SISK Property. SERVICE CHARGE There is an annual service charge payable by the occupying tenants of E7,296 per annum. RATES The occupational rates are E15,122.32 for 2024. VIEWING Strictly by prior appointment with Redmond Property AMV E1,650,000

BER Details

BER: C3
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REDMOND PROPERTY
REDMOND PROPERTY
Tel: 01 84...
PSRA Licence No. 003194

Date created: May 14, 2024

REDMOND PROPERTY
REDMOND PROPERTY
PSRA Licence No. 003194
Michael Greene MSCSI MRICS ACI Arb
Michael Greene MSCSI MRICS ACI Arb
PSRA Licence No.004994
Call Agent: 01 84...