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€9,150,000

Newenham Court, Northern Cross, Malahide Road, Dublin 17

4511 m 2 Energy Rating


Description

Subject to Contract/Contract Denied Newenham Court, Northern Cross • High yielding suburban office investment and development site (subject to fpp) for sale • The office building is a five storey over basement extending to approximately 4,511.20 sq m (48,558 sq ft), with the benefit of 45 car parking spaces, subject to DoV this will generate €769,690 per annum • Development site (subject to fpp) extending to approx. 0.73 hectares (1.795 acres) is currently in use as a surface car park, generating €207,000 per annum • The entire investment including site is fully let to Mylan Ireland Limited with full parent company guarantee from Mylan Inc., who are listed on the NASDAQ, under 3 separate agreement • Tenant break option in November 2019 • Total passing income of €976,690 per annum • Tenant not affected • Offers sought in excess of €9.15m, reflecting a NIY of 9.84% and a capital value per sq ft of €188 after standard purchaser’s costs at 8.46%  • Data Room www.newenhamcourt.com

BER Details

BER Rating: BER C2
BER Number: 800015554
Energy Performance Indicator: 457.24

Cushman & Wakefield

164 Shelbourne Road, Ballsbridge, Dublin 4

Tel: 01 639 9300

PSRA Licence No.  002222



€9,150,000
€9,150,000
BESbswy