Units 8B, 8C and 8D, Crossagalla Business Park, Ballysimon Road , Crossagalla, Co. Limerick, V946D68

For Sale Prime Industrial Investment comprising Units 8B, 8C & 8D, Crossagalla Business Park, Limerick (Tenants not affected). Crossagalla Business Park is strategically located approximately 3km southeast of Limerick City just off the Ballysimon Road and in close proximity to the M20 Motorway. The location offers excellent links with Ireland’s arterial road network together with convenient access to Limerick City Centre. The subject units are located near the boundary between Crossagalla Business Park and Eastway Business Park. Nearby occupiers include Finucane Electrical Expert, Shire Kitchens, Fit 100 Gym. The NCT car testing centre is also located nearby. Unit 8B Crossagalla Unit 8B comprises a modern industrial warehouse comprising approx. 498 sq.m (5,360 sq.ft). The warehouse benefits from an eave’s height of approx. 6 metres (7.3 metres apex) and 3 electronic roller shutter doors. The accommodation also includes fully fitted offices, file room, kitchen and toilet facilities. Externally there is access to a secure yard area together with ample car parking. Accommodation: The accommodation measured on a gross external area basis provides the following approximate areas: Description Sq.ft Warehouse Area 3,951 Offices, toilets, kitchen 1,411 (inc. steel frame offices) Total Floor Area 5,362 Tenancy Let under a 10 year lease from 2020 at a passing rent of €25,000 per annum. Rent review outstanding since January 2025. Estimated rental value €37,500 per annum Unit 8C Crossagalla Unit 8C comprises a modern industrial warehouse comprising approx. 296 sq.m (3,186 sq.ft). The warehouse benefits from an eaves height of approx. 7 metres and electronic roller shutter door. The accommodation also includes office and toilet facilities. Externally there is access to a secure yard area together with ample car parking. Accommodation: The accommodation measured on a gross external area basis provides the following approximate areas: Description Sq.ft Ground Floor 3,186 Tenancy Let under a 5 year lease from 2022 at a passing rent of €20,000 per annum. Estimated rental value upon lease expiration in 2027 €25,000 per annum Unit 8D Crossagalla Unit 8D comprises a modern industrial warehouse incorporating fully fitted showrooms / offices together with kitchen and toilet facilities. The entire extends to a total gross external area of approx. 715 sq.m (7,693 sq.ft). The warehouse benefits from an eaves height of approx. 6 metres and includes sodium lighting and two electronic roller shutter doors. The showrooms / offices are fitted to a high specification including carpet floor covering, suspended ceilings with recessed lighting and electric storage heating. Externally there is access to a secure yard area together with ample car parking. Accommodation: The accommodation comprises the following approximate areas: Description Sq.ft Ground Floor Warehouse 5,190 Ground Floor Offices 1,666 First Floor Offices 837 Total 7,693 Tenancy Not applicable – unit vacant. Estimated rental value in the region of €55,000 per annum. Please note that the floor areas outlined and our opinion of estimated rental values are approximate only and we recommend that interested parties carry out independent due diligence. The Entire Investment comprising Unit 8B (subject to lease), Unit 8C (subject to lease) and Unit 8D (vacant possession) Guide Price €1.3m. Estimated Rental Potential €117,000 per annum which would provide a Gross Initial Yield of 9% Possible option to purchase in seperate lots. Further details available on request.