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BER C3

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.

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The Valeo Vision Systems R&D Facility Dunmore Road, Tuam, Co. Galway

Price on Application
Investment Property For Sale | 30,171 sq. feet (2,803 sq. metres)
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Overview

Property Description:

Property Highlights

- Excellent Investment Opportunity
- Detached Facility finished to a high specification internally
- Current lease in place is a 15 year lease from 17th February 2014.
- Break Clauses in Lease at Years 7 and 12
- Strong Covenant
- Current Rent €225,000 pa
- Freehold
- For Sale By Private Treaty


Description
The property comprises a single storey office/research & development facility. The tenant recently carried out substantial refurbishment investment which is easily recognisable on inspection.

Valeo Vision Systems are hugely prominent in Tuam with a number of other buildings in the immediate location. The Building currently houses over 400 employees from over 30 different countries and is a flagship R&D facility.

Valeo's Tuam facility is the mother site for the Valeo Vision product line. The site hosts both
an R&D centre and a large production facility. The site is responsible for all aspects of design
and manufacturing of top, rear and side view cameras, as well as working towards an end goal of
automated driving. It currently employs over 1,000 at the site.

The Automated Parking Research & Development Centre is highly innovative, specialising in the
design and development of cutting edge Automated Parking Advanced Driver Assistance Systems (ADAS) incorporating viewing camera and including applications such as Pedestrian Detection, Cross Traffic Alert and Automated Parking. The AP Team are located across multiple sites primarily Tuam and Bietigheim and are responsible for research into core software & system technologies including Object Detection, Data Fusion/MAP and Vehicle Maneuvering algorithims and full development of the life cycle to bring Automated Parking End User Functions to market.

Valeo's 360VueTM 3D Surround View System provides the driver with a three dimensional (3D) view around the vehicle. The system enables the driver to maneuvre the car without the need to switch between front, side and rear views. SightStreamTM builds on Valeos existing products as a new system to replace interior and exterior mirrors with cameras. All of these were developed or are under development in Tuam.

Joint Agent

Ronan Rooney
Tel: 091 567391

BER Details

BER C3

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?
BER No 80035735
Energy Performance Indicator: 365.01 kWh/m2/yr

Daft Property Shortcode:

https://www.daft.ie/5879720

Date Entered/Renewed:

25/9/2019 (23 days ago)

Property Views:

127
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Address:

The Valeo Vision Systems R&D Facility Dunmore Road
Patricia Staunton, Director, Cushman & Wakefield Galway Photo

Patricia Staunton, Director, Cushman & Wakefield Galway

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The Valeo Vision Systems R&D Facility Dunmore Road, Tuam, Co. Galway