The property comprises a detached single storey industrial building on a generous site which extends to 1.55 hectares (3.83 acres) including a rear yard of 0.36 hectares (0.89 acres). The unit is of steel portal frame in two bays with concrete block infill walls to an eaves height of approximately 3.9 metres, with a double skin concrete roof incorporating translucent roof lighting and a concrete dustproof floor throughout. Artificial lighting throughout the production area is by means of hanging fluorescent lights. The production area also has the benefit of blow air heaters and air-extraction units. Goods access is provided by means of three electrically operated roller shutter doors. An internal single storey office section to the front is separated from the production area by means of a concrete block wall. The accommodation provided for here includes reception, some open plan offices, meeting rooms and male & female toilet facilities. Meeting rooms are divided by a number of solid block walls. Finishes to this section include solid floors with carpet and tile covering, plastered and painted walls, suspended acoustic tiled ceilings with inset fluorescent box lighting and spot lights. Canteen facilities and additional toilet facilities are provided within the warehouse section separated from the production area by concrete block walls.
The building and majority of the site is let Essentra Packaging Ireland Limited. Essentra is an international company supplying customers in over 100 countries. 129 Slaney Road is occupied by the Health & Personal Care Packaging division to Essentra also has operations in Airways Industrial Estate in Dublin and Ovens in Cork. The lease is guaranteed by Essentra International Packaging Limited its UK parent which has a Dun & Bradstreet Rating of 5A1. In the year to December 2016 it reported profits of Â£423m after tax and had total assets of Â£457m. Details of the tenancy are outlined below:
The rear yard is licenced to a separate occupier and accessed separately. This is fenced off from the remainder ...