- Sale Type: For Sale by Private Treaty
- Overall Floor Area: 78m2
***Office Investment For Sale (Tenant not affected)
No. 16, Sandyford Office Park
Key Investment Considerations:
- An investment opportunity within Sandyford Office Park
- Extending to approx. 78.32 sq m (843 sq ft) GIA
- 3 car parking spaces
- Let to Balcombes Claims Management Limited
- Tenancy - 4 year 9 month IRI lease expiring 30 October 2024
- Secure income of €19,500 per annum
- Excellent location immediately beside the Sandyford Luas Station
- NO VAT
Sandyford Office Park is located within Sandyford Business District, strategically positioned beside the Sandyford Luas Station. The property is a 5 minute drive from Exit 14 of the M50 Interchange and a 5 minute drive from the N11 National Road.
Sandyford Business District is characterised by numerous modern commercial and residential developments including large scale schemes at Beacon South Quarter, Beacon Court, South County Business Park and Central Park.
Major amenities within a short driving distance include Dundrum Town Centre and the Beacon Hospital.
Sandyford Office Park benefits from numerous public transport links including: Sandyford Green Line LUAS Station being (only 200m away), the Air Coach and the 44b, the 47 and 116 bus routes providing access to Dublin City Centre. he property is within close proximity to the M50 motorway providing easy vehicular access.
Major national and international occupiers within the locality include Microsoft, Google, Mastercard and Allied Irish Bank. Immediate adjacent occupiers include Reeds Print & Design, Morrison Estates and Park Retail Limited.
Further information on Sandyford Business District can be found at sandyford.ie
16 Sandyford Office Park comprises a three storey office building extending to approx. 78.32 sq m (843 sq ft) Gross Internal Area (GIA). Internal specification includes carpeted floors with perimeter trunking at desk level, Cat 5e data cabling and fluorescent CAT 2 lighting.
The internal layout is primarily open plan office accommodation with a reception desk, kitchenette and WC at ground floor, open plan office accommodation on the 1st floor, a private office on the second floor. There is a separate WC on the second floor which could be converted to provide a shower.
The property is currently held under a 4 year 9 month I.R.I. lease to Balcombes Claims Management Limited from February 2020, subject to a current passing rent of €19,500 p.a. There are no break options, and the lease expires on 30 October 2024.
Local Authority Rates: Approx. €2,459.44 per annum
Service Charges: Approx. €655.07 per annum
For further details please contact Ross O'Gorman or Bryan Walsh
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