Ballysimon Road, Ballysimon, Co. Limerick, V94X2E1

The subject property is well situated on the southern side of the Ballysimon Road, approximately 2.3km from Junction 29 of the M7 and 2.1 km from O€TMonnell Street. The Ballysimon Road is one of the main industrial and commercial areas serving Limerick City and over the last twenty years a number of bulky goods retailers and car dealerships have started to trade in the area. The property is bounded by Chadwicks to the west, Crossagalla Road to the East and south. Public transport to the area is provided by local bus route 304 and 310 which serve the City Centre. The property comprises a site measuring approx. 6.3 acres (2.55Ha) with frontage onto the Ballysimon Road and Crossagalla Road on two sides. The site is accessed from an entrance onto Crossagalla Road via a pair of double gates with a monitoring and security hut. To the north east corner of the site, sits a two storey U shaped office building measuring 14,593 sq.ft (1,355.8 sq.m). The building has been constructed with a combination of block and double skin metal deck sheeting with aluminium double glazed windows and a double skin metal deck roof. Internally, the building is finished with plastered and painted walls with suspended ceilings and carpet floor tiles. The accommodation comprises, reception, canteen with kitchen, board room and meeting rooms, there is also a combination of open plan offices and cellular offices on both floors. There are male and female toilets and shower facilities on the ground floor. Part of the ground floor has been leased to Eir for use as a telephone exchange (see further details under lease heading). There are two industrial buildings located along the eastern boundary, one of the buildings is u shaped and comprises a mechanics workshop, stores and vehicle storage with roller shutter doors, this building measures approx. 11,226 sq.ft (1,043 sqm) and has been constructed with a metal frame clad with single skin sheeting panels. The second building acts as a stores and measures 3,001 sq.ft (278.8 sq.m), with block finish and the roof is comprises metal deck sheeting panels. The entire sits on a secure site measuring approx. 6.3 Acres. There is a hardstand yard to the south and staff car parking along the northern half of the site. The boundary is secured with palisade fencing with hedging on three sides. Approximately 1.3 acres (0.52 Ha) has been separated and leased to Eir as a compound, the compound has separate access onto Crossagalla Road and has bene divided by palisade fencing, the compound comprises a further two storage units and a mobile phone mast. Tenancy Eircom Limited (Eir) hold two separate 20 year leases from 29 September 2020, the first lease is for part of the ground floor for use as a telephone exchange, subject to an initial rent of €12,500 and the tenant has the benefit of a rent free period until the 13th anniversary of the lease. The second is for a compound to include a mobile phone mast, also subject to an initial rent of €12,500 which will become payable on the 13th Anniversary of the lease. There is a tenant break clause on the twelfth year of the term which applies to both leases. The leases are available upon request. Zoning The entire is zoned Enterprise and Employment in accordance with the Limerick Development Plan 2022-2028. Method of Sale The subject site is offered for sale by Private Treaty.