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35 Stadium Business Park, Ballycullen Road, Finglas, Dublin 11

POA D11YE12 270.48 m²

35 Stadium Business Park, Ballycullen Road, Finglas, Dublin 11

POA

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Beds
Price	POA
Property Type	Industrial Units
Size	270.48 meters²
Energy Rating	BER-
Refreshed on	May 13, 2024
Eircode	D11YE12

Description

Summary For sale with full vacant possession- modern, light industrial & office unit extending to c. 270.48 sq.m / 2,911 sq.ft (GEA) in Stadium Business Park off the Ballycoolin Road with easy access to the M50 and city centre. Location Stadium Business Park is a well-established and popular business park adjacent to Junction 5 on the M50 (North Road / N2) with easy access to M50 (1km), Dublin Airport (9km), Dublin City Centre (8km), the Dublin Port Tunnel and all aerial routes. Occupiers within the surrounding area include Coca-Cola HBC, Dunnes Stores, and GLS. Situation Unit 35 is in a cul-de-sac of similar units with good circulation and parking space to the front. Description Unit 35 is a modern, light industrial & office unit extending to c. 270.48 sq.m / 2,911 sq.ft (GEA). Originally built as warehouse with integral two-storey offices, the unit was upgraded in early 2003 with a high quality mezzanine to provide an additional 73 sq.m. of space. The warehouse has clear height of 3.5m. Suited to a variety of uses, the unit has ground floor warehouse with roller door and attractive first floor accommodation currently set out as offices. Proposal We are instructed to seek a figure of €375,000 Commercial Rates (2024) are €2,877.19 Business Park service charge is TBA Investment Considerations Our estimate of Market Rent is €35,000 per annum; There is a shortage of this type of space in the market. A purchase at the asking price reflects an attractive net initial yield of 8.48% after standard acquisition costs of 9.96%

Accommodation

Accommodation Ground Floor - 135.24 sq.m. (GEA) First Floor 135.24 sq.m. (GEA) Total 270.48 sq.m. / 2,911 sq.ft.(GEA)

Description

Summary For sale with full vacant possession- modern, light industrial & office unit extending to c. 270.48 sq.m / 2,911 sq.ft (GEA) in Stadium Business Park off the Ballycoolin Road with easy access to the M50 and city centre. Location Stadium Business Park is a well-established and popular business park adjacent to Junction 5 on the M50 (North Road / N2) with easy access to M50 (1km), Dublin Airport (9km), Dublin City Centre (8km), the Dublin Port Tunnel and all aerial routes. Occupiers within the surrounding area include Coca-Cola HBC, Dunnes Stores, and GLS. Situation Unit 35 is in a cul-de-sac of similar units with good circulation and parking space to the front. Description Unit 35 is a modern, light industrial & office unit extending to c. 270.48 sq.m / 2,911 sq.ft (GEA). Originally built as warehouse with integral two-storey offices, the unit was upgraded in early 2003 with a high quality mezzanine to provide an additional 73 sq.m. of space. The warehouse has clear height of 3.5m. Suited to a variety of uses, the unit has ground floor warehouse with roller door and attractive first floor accommodation currently set out as offices. Proposal We are instructed to seek a figure of €375,000 Commercial Rates (2024) are €2,877.19 Business Park service charge is TBA Investment Considerations Our estimate of Market Rent is €35,000 per annum; There is a shortage of this type of space in the market. A purchase at the asking price reflects an attractive net initial yield of 8.48% after standard acquisition costs of 9.96%

Accommodation

Accommodation Ground Floor - 135.24 sq.m. (GEA) First Floor 135.24 sq.m. (GEA) Total 270.48 sq.m. / 2,911 sq.ft.(GEA)

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Stokes Property Consultants Ltd

PSRA Licence No. 002615

Date created: May 13, 2024