DescriptionPlato Business Park is a modern, actively managed estate in Damastown approximately 15 kilometres north west of Dublin city centre. Access to the area is excellent as the park is just 800 metres from the N3/M3 (Navan Road) and approximately 4 kilometres northwest of the intersection with the M50 motorway (Junction 6).
Unit 4 consists of two self contained units fronting onto Jamestown Road:
Macro I comprises a mid-terrace industrial/warehouse unit with two storey offices to the front.
Warehouse is c. 328 sq.m. (3,531 sq.ft.) and the offices are c. 231 sq.m. / 2,486 sq.ft giving a total area of c. 559 sq.m. / 6,017 sq.ft.
The warehouse has clear eaves height of 8.23m and is accessed by an electric roller shutter door. Three phase power is connected. There is parking to the front for eight cars.
This unit is occupied by Matt Reilly Cakes Ltd under a 10 year lease from December 2020 and a passing rent of €35,000. The next rent review is December 2025.
Macro II comprises an end of terrace industrial/warehouse unit with two storey offices to the front.
Warehouse c.317 sq.m.(3,412 sq.ft.) Offices c.346 sq.m. (3,724 sq.ft.) giving total of 663 sq.m. / 7,137 sq.ft.
The warehouse has clear eaves height of 8.23m and is accessed by an electric roller shutter door. Three phase power is connected. There is parking to the front and side for ten cars.
This unit is occupied by Atlas Copco under a ten year lease from November 2016 at a passing rent of €43,500. Next rent review is November 2021.
This is an excellent investment opportunity producing a secure, annual income of €78,500 equating to a gross yield of 7.14%.
AccommodationUnit 4 Macro 1 (Matt Reilly Cakes Ltd)
Offices c.231 sq.m. (2,486 sq.ft.),
Warehouse c.328 sq.m. (3,531 sq.ft.)
Total c.559 sq.m. (6,017 sq.ft.).
Unit 4 Macro 2 (Atlas Copco):
Offices c.346 sq.m. (3,724 sq.ft.),
Warehouse c.317 sq.m. (3,412 sq.ft.)
Total c.663 sq.m. (7,137 sq.ft.).
Combined Total (Macro 1 & Macro 2) c. 1,222 sq.m. / 13,154 sq.ft.
FeaturesModern, purpose-built, light industrial / warehouse / office investment opportunity.
Mix of open plan and cellular offices
High bay warehouses
Well-managed business park in convenient location.
BER DetailsBER: C2 BER No.800414650 Energy Performance Indicator:346.87 kWh/m²/yr