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BER B3

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more

Matthew Hill Business Park, Forge Hill Cross, Pouladuff, Co. Cork, T12 A6RX

€1,450,000 SALE AGREED
Investment Property For Sale | 31,194 sq. feet (2,898 sq. metres)
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Overview

Property Description:

INVESTMENT SUMMARY

- Entire business park comprising 10 units
- Total rental income of €227,431 per annum
- WAULT to expiry of 7.21 years
- Located approximately 5km South of Cork City Centre
- Ideally located in close proximity to the South Ring Road and Cork International Airport
- Great accessibility to all national transport routes including
- M8 Dublin motorway, N20 to Limerick, N25 to Waterford and the N22 to Kerry
- Asset management opportunity

DESCRIPTION

The business park sits on a site of approximately 0.65 ha (1.6 acres) and comprises 10 own-door industrial / commercial units. These are predominantly laid out in an open plan design with vehicular access via roller shutter doors. The overall size of the 10 units combined is approximately 2,898 sq.m. (31.194 sq.ft.).

LOCATION
Matthew Hill Business Park, Forge Hill Cross is located in Cork, Irelands second largest city and Irelands largest County. With Cork Airport only 4km South, the well-established commercial location benefits from international connections to 50 countries. Cork City located only 5km North, means that Matthew Hill Business Park also boasts fantastic national transport connections including rail, road and bus routes via the M8 Dublin motorway, N20 to Limerick, N25 to Waterford and the N22 to
Kerry.
The surrounding area includes South Link Business Park, Frankfield Business Park, Ballcurreen Industrial Estate, Southside Industrial Estate and Cork Airport BusinessPark. Neighbouring occupiers including Musgrave Group, DPD Ireland, Cork City Ford Centre, Globetech, IBM, Logitech, Ferraro Ireland and Smurfit Kappa.

PRICE

Guiding offers in excess of €1.45 million. Pricing at this level would reflect a Net initial Yield of 14.46%, after standard purchasers costs of 8.46%.

INSPECTIONS
Strictly by appointment from joint sales agents.

DNG Michael Creedon, for themselves and for the vendors or lessors of the property whose Agents they are, give notice that: (i) The particulars contained herein are set out as a general outline for the guidance of intending purchasers or tenants, and do not constitute any part of an offer or contract and are not in any way legally binding. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person in the employment of DNG Michael Creedon has any authority to make or give representation or warranty whatever in relation to this development. (iv) The particulars contained herein are confidential and are given on the strict understanding that all negotiations shall be conducted through DNG Michael Creedon. (v) DNG Michael Creedon disclaims all liability and responsibility for any direct and/or indirect loss or damage which may be suffered by any recipient through relying on any particular contained in or omitted from the aforementioned particulars.
PDF Brochure 

PDF Brochures:

 Brochure 1.pdf

BER Details

BER B3

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more
What's this?

Daft Property Shortcode:

https://www.daft.ie/5861799

Date Entered/Renewed:

16/7/2019 (5 days ago)

Property Views:

417
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Map

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Address:

Matthew Hill Business Park, Forge Hill Cross, Pouladuff, Cork City Suburbs

Street view

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Matthew Hill Business Park, Forge Hill Cross, Pouladuff, Co. Cork