Balheary Road, Swords, Co Dublin, Dublin County, Dublin

POA Energy Rating K67VR88 211030 Sq.ft


Industrial Investment Let to Commissioner of Public Works in Ireland (Tenant Not Affected) INVESTMENT OVERVIEW Premises Detached Industrial Facility with total gross external area of 19,605 sqm (211,030 sq. ft.). State Covenant Let to Commissioner of Public Works in Ireland (OPW). Lease Terms 20 year lease from 16th September 2010. Tenant signed a Renunciation of Tenancy Rights. Tenants have sought an extension of the lease subject to revised terms. Key Location 1.4 km from Swords Town Centre, 1.5 km M1 motorway, 5 km Dublin Airport and 7 km from M50 Motorway, 600m from proposed MetroLink Estuary Station and Park & Ride. Rental Income €1,355,350 per annum with a rent review due in September 2025 to the then open market value. LOCATION Situated on the Balheary Road, the property is 1.4 km north of Swords Town Centre and 1.5 km southwest of Junction 4 on the M1 Motorway, 5.0 km north of Dublin Airport and 13 km north of Dublin City Centre. The Property is located opposite the Swords Business Campus and just east of Applewood neighbourhood centre. Swords Town Centre is a busy urban centre providing an excellent range of amenities, including hotels, shops, banks, cafes, restaurants and bars. Airside Retail Park and Pavilions Shopping Centre are located within 5 minutes drive of the property. Swords and the surrounding area have a well-established and diverse occupier base, with a variety of multinationals, SMEs, and State Agencies as well as a notable clustering of companies within the Pharmaceutical and Aviation sectors, as well as government functions located in the area. Swords has developed into one of the largest urban areas in Ireland with a population of approx. 50,000 and expected to increase to 100,000 by 2050. With a connected public transport system along with its close proximity to Dublin City Centre, Swords has developed into a key commercial hub across the region. Accessibility to the area is due to be enhanced with the development of MetroLink, with a planned Terminus just 600m north of the property at the planned Estuary Station PROPERTY OVERVIEW The property comprises an extensive single storey detached Industrial facility extending to a gross external area of approx. 19,605.7 sq.m. (211,034 sq.ft.), with 18,243 sq.m. (196,365 sq.ft.) at Ground Floor level. The Property was originally constructed as a Motorola (and then Celestica) advanced electronics factory in two phases and was converted in 2010 for use by the current Tenant. The property is of a steel frame construction, in two interconnecting phases with external block elevations in a mix of metal cladding, forticrete block and glazing systems. The property has a low pitch/flat roof which was resurfaced in 2023 with new membrane finish (20 year warranty). The two phases have independent plant room areas at first floor area. Internally the property is set mainly out in stores with single storey offices and research area to the front including facilities for a canteen, library, archives, study rooms and work areas for photography, illustration and conservation. The property is positioned on a site area of approximately 3.46 ha. (8.56 acres) with extensive parking areas to the front and side of approx. 92 spaces and loading yard areas to the rear with 7 no. dock leveller loading bays and 4 on-grade loading doors.


The property has the following gross external floor areas: Ground Floor Warehouse - 14,053.9 sq.m. (151,275 sq.ft.) Offices & Ancillary - 3,585.0 sq.m. (38,589 sq.ft.) Plant Room - 604.0 sq.m. (6,501 sq.ft.) Subtotal - 18,242.9 sq.m. (196,365 sq.ft.) First Floor Plant Rooms & Ancillary Areas - 1,362.7 sq.m. (14,668 sq.ft.) Total Gross External Area - 19,605.6 sq.m. (211,033 sq.ft.) Assignable Measurement Survey is available in the Data Room.

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Finnegan Menton
Finnegan Menton
Tel: 01 61...
PSRA Licence No. 001954

Date created: May 15, 2024

Finnegan Menton
Finnegan Menton
PSRA Licence No. 001954
Call Agent: 01 61...