HomeIrelandDublinDublin 15DamastownUnit 4, Plato Business Park, Damastown, Dublin 15
€1,100,000

Unit 4, Plato Business Park, Damastown, Dublin 15

1324 - 1149m 2Energy RatingInvestment Property
Eircode: D15HR80
Stokes Property Consultants Ltd
Stokes Property Consultants Ltd
Tel: 01 233 4600
PSRA Licence No. 002615
Main image for Unit 4, Plato Business Park, Damastown, Dublin 15
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Description

Plato 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.210 sq.m.(2,260 sq.ft.) Offices c.554.8 sq.m. (5,791.8 sq.ft.) giving total of 764.8 sq.m. / 8,223.6 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%.

Accommodation

Unit 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.554.8 sq.m. (5,971.8 sq.ft.), Warehouse c.210 sq.m. (2,260.4 sq.ft.) Total c.764 sq.m. (8,223.6 sq.ft.). Combined Total (Macro 1 & Macro 2) c. 1,323.8 sq.m. / 14,249.3 sq.ft.

Features

Modern, 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 Details

BER: C2 BER No.800414650 Energy Performance Indicator:346.87 kWh/m²/yr

Unit 4, Plato Business Park, Damastown, Dublin 15

€1,100,000

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Beds
Price€1,100,000
Property TypeInvestment Property
Size1149 meters2
Energy RatingBER-C2
Refreshed on
EircodeD15HR80

Description

Plato 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.210 sq.m.(2,260 sq.ft.) Offices c.554.8 sq.m. (5,791.8 sq.ft.) giving total of 764.8 sq.m. / 8,223.6 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%.

Accommodation

Unit 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.554.8 sq.m. (5,971.8 sq.ft.), Warehouse c.210 sq.m. (2,260.4 sq.ft.) Total c.764 sq.m. (8,223.6 sq.ft.). Combined Total (Macro 1 & Macro 2) c. 1,323.8 sq.m. / 14,249.3 sq.ft.

Features

Modern, 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 Details

BER: C2 BER No.800414650 Energy Performance Indicator:346.87 kWh/m²/yr