Block 4, Parkmore East, Parkmore Business and Technology Park, Parkmore, Co. Galway, H91HXE7
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Block 4, Parkmore East, Parkmore Business and Technology Park, Parkmore, Co. Galway, H91HXE7

€5,500,000

2570 m²

Investment Property

Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 2570 m²
DESCRIPTION: Block 4 Parkmore East comprises a 3-storey detached office building measuring a gross internal floor area of approximately 2,570 sq.m. (27,663 sq.ft) together with 94 surface car parking spaces. The building was constructed in 2016 and the offices are fitted out to a high standard. The office accommodation comprises a mixture of modern open plan and cellular space. LEASE DETAILS: The entire property is occupied by Business Objects Software Limited (t/a SAP Solutions) subject to an F.R.I lease for a term of 8 years, 10 months and 4 days from the 1st March 2017, at a passing rent of €470,000 per annum. The lease is due to expire on the 4th of January 2026. THE OPPORTUNITY: This offers a purchaser the opportunity to acquire a modern office building, in Galway's prime suburban office precinct, leased to an excellent tenant, with reversionary potential at review. LOCATION: Parkmore Business and Technology Park is a high-quality landscaped business park, situated Approximately 6km north-east of Galway city centre, on the eastern side of Parkmore Road. Block 4 is in Parkmore East, where other occupiers include Oracle, Abbott, Fidelity, Merit Medical, Fotonation, etc. The Park is in close proximity to the M6 Galway to Dublin motorway, via Doughiska to the south and readily accessible to the M18/M17 motorway, (linking Tuam to Ennis) via Exit 18 of the M6 motorway. Parkmore is the premier suburban office location in Galway and is a vibrant office centre populated bya range of multi-national companies, as well as being an emerging hub for life sciences.

Local AreaNEW

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School Name
Distance
Pupils
School NameBrierhill National SchoolDistance980mPupils240
School NameMerlin Woods Primary SchoolDistance2.0kmPupils384
School NameCastlegar National SchoolDistance2.2kmPupils78
School Name
Distance
Pupils
School NameHoly Trinity National SchoolDistance2.9kmPupils244
School NameSt. Michael's Boys National SchoolDistance2.9kmPupils118
School NameRadharc Na Mara National SchoolDistance3.3kmPupils371
School NameGaelscoil DaraDistance3.4kmPupils437
School NameScoil Chaitríona Junior SchoolDistance3.5kmPupils367
School NameRenmore Senior SchoolDistance3.6kmPupils375
School NameRosedale SchoolDistance3.8kmPupils69
School Name
Distance
Pupils
School NameColáiste Mhuirlinne/merlin CollegeDistance2.0kmPupils717
School NameGalway Educate Together Secondary SchoolDistance3.2kmPupils210
School NameGalway Community CollegeDistance3.8kmPupils333
School Name
Distance
Pupils
School NameColáiste Bhaile ChláirDistance4.8kmPupils1279
School NameCalasanctius CollegeDistance5.2kmPupils898
School NameSt Joseph's CollegeDistance5.8kmPupils759
School NameOur Lady's CollegeDistance5.8kmPupils249
School NameColáiste Iognáid S.j.Distance6.2kmPupils625
School NameColáiste Muire MáthairDistance6.3kmPupils753
School NameSt. Mary's CollegeDistance6.4kmPupils415
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance340mStopParkmore RoadRoute401DestinationParkmore Ind.ProviderBus Éireann
TypeBusDistance340mStopParkmore RoadRoute409DestinationParkmore Ind.ProviderBus Éireann
TypeBusDistance360mStopGalway Tech ParkRoute401DestinationDr. Mannix RoadProviderBus Éireann
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance360mStopGalway Tech ParkRoute401DestinationEyre SquareProviderBus Éireann
TypeBusDistance360mStopGalway Tech ParkRoute409DestinationEyre SquareProviderBus Éireann
TypeBusDistance540mStopBallybrit RcRoute401DestinationDr. Mannix RoadProviderBus Éireann
TypeBusDistance540mStopBallybrit RcRoute417DestinationGalwayProviderBus Éireann
TypeBusDistance540mStopBallybrit RcRoute401DestinationEyre SquareProviderBus Éireann
TypeBusDistance540mStopBallybrit RcRoute409DestinationEyre SquareProviderBus Éireann
TypeBusDistance580mStopBallybrit CrescentRoute401DestinationParkmore Ind.ProviderBus Éireann

BER Details

B1

BER No: 800450413

Energy Performance Indicator: 221.47 kWh/m2/yr

Statistics

13/06/2024

Entered/Renewed

4,031

Property Views

Daft ID: 517977410

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