R1, R2, R3, Sitecast Industrial Estate, Little Island, Co. Cork, T45YE36

Industrial Investment extending to 16,685 sq.ft on a 0.38 hectares site with a rent roll of €106,796, Existing Tenants unaffected by the sale. Situated in Sitecast Industrial in Little Island, with convenient access to the Cork/Waterford Road N25, Dublin Road M8, Jack Lynch Tunnel and South Ring Road. The property is let on two separate 10 year lease from Jan 2022 at a combined rent of €106,796 Sitetech who occupy 2 of the 3 units are paying €67,468 pa (63% of the overall portfolio rent) are owned by the Grafton Group. Foltech Ltd who are an indigenous Irish company occupy the 3rd unit are paying €39,328 pa R1 & R2 comprise a concrete portal frame construction, covered with a double skin metal deck roof. Each unit has designated car parking to the front and external storage area to the rear. The external elevations are a combination of double skin metal deck cladding and masonry block work with a plastered finish. Each unit has a large roller shutter door to the front along with a roller door to the side There are offices located on the ground floor & 1st Floor of R1. R3 comprises a steel frame shed with concrete block walls covering the ground level side elevations and a single skin metal cladding covering the upper elevations. The shed benefits from concrete flooring. Primarily used for storage. The units are located in Sitecast Industrial estates which is one of the longest established industrial location in Little Island. Occupiers of note in the immediate facility include Pepsico, DD Williamson, Seabridge. The property is approx 6km from the Dunkettle interchange (major upgrade in progress).