Description
Excellent Investment Opportunity or for Long Term Owner Occupier. Current Rent Roll of 90,300 per annum with Growth potential.
Note: Tenants Unaffected.
GVM present to the market this impressive office and warehouse property, combining high quality accommodation, substantial storage capacity and excellent servicing facilities within a business park setting.
This property is approached from the R506 via the Parks internal asphalt roadway, with a recessed entrance incorporating a security barrier and security hut. Seven designated car parking spaces are provided immediately to the front, complemented by additional parking at the end of the terrace.
The office accommodation is arranged over three floors, with two suites on each level, offering flexibility for departmental, administrative and management functions. Finished to a high standard throughout, the offices incorporate suspended ceilings, partitioned workspaces, kitchenettes, ladies` and gents` toilet facilities and storage cupboards. Two pedestrian entrances serve the front elevation, while direct internal access to the warehouse provides a convenient connection between the office and operational areas.
The warehouse offers impressive internal height and extensive storage accommodation, with power floated concrete floors, fluorescent lighting and translucent roof and wall panels providing natural light. Three automatic roller shutter doors, each approximately 3.5 metres wide, facilitate loading and servicing. The height at the access points is approximately 4.9 metres, rising to a clear internal height of approximately 12 metres at the centre.
A shared open yard to the rear accommodates HGV manoeuvring, loading and servicing.
The building is of concrete portal frame construction with double skin insulated cladding and is equipped throughout with CCTV, intruder alarm and fire alarm systems.
An excellent opportunity to acquire a substantial business premises combining well appointed offices, specialist storage infrastructure and practical operational facilities.
The subject properties extend to a combined total Gross Internal Area (GIA) of 1,256 Sq.M. (13,520 Sq.Ft.).
Ground Floor Office128 s m (1,380)
Ground Floor Warehouse872 (9,385)
First Floor Office128 s m (1,380)
Second Floor Office128 s m (1,380)
Total (GIA)1,256 s m(13,520)
Location:
The property enjoys a highly accessible location within Annacotty Business Park on the eastern approaches to Limerick City, approximately 3.4 km from Castletroy and 10 km from the city centre. Positioned just minutes from the Newport roundabout and access to the M7 Limerick Dublin Motorway, the location is particularly convenient for businesses requiring efficient connections to customers, suppliers and the wider national road network.
Accessibility is a key attraction, providing an excellent base for warehousing, storage, distribution and associated office operations.The proximity to Castletroy also offers convenient access to a broad range of shops, cafés, restaurants, hotels and everyday services, adding to the appeal for staff and visiting clients.
Limerick is the principal commercial and administrative centre of the Mid-West, with an established industrial and business base supported by national road and rail connections. Shannon Airport provides further connectivity for business travel and international trade, reinforcing the region`s appeal as a location from which to operate and grow a business.
Features:
Excellent existing income with definite potential to increase.
Situated approximately 2 km from the Newport roundabout which connects onto the M7 (Limerick/Dublin) Motorway.
Established industrial business park with surrounding occupiers including Eleven Fourteen Coffee / Eastway Technical Solutions / DPD / Fusion Logistics to name a few.
Large warehouse area with max eaves of c. 12 meters.
Ample space for distribution to the rear of the unit.
Well maintained business park.
Security hut at the entrance.
Excellent asset class.
Designated parking and rear servicing facilities, offers a practical and convenient base for a range of commercial occupiers.
Inspection of this truly superb investment opportunity is very highly recommended.
Accommodation
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only. BER Details
BER: G
Energy Performance Indicator: 580 kWh/m2/yr Directions
Enter Eircode V94 C8Y2 in your mobile device. Negotiator