Wednesday 18 October 2017

In Brief: €45k price cut on industrial facility in Ballymount

Commercial property

Office suite near the Four Courts in Dublin has price reduced
Office suite near the Four Courts in Dublin has price reduced

Tara Fitzsimons

SAVILLS reports a price reduction of €45,000 for a property located just off Turnpike Road, Ballymount, Dublin 22.

The price was lowered from €695,000 to €650,000 exclusive of all outgoings.

The property is located at the end of Turnpike Lane, off Turnpike Road, which connects Ballymount Road Upper to the Naas Road.

It comprises a detached industrial facility incorporating full height concrete block walls and an insulated metal deck roof over a metal frame.

Loading access is via one full height automated roller shutter door. The eaves height is 6m with the clear internal height rising to approx. 8.9m at the apex.

There is a sealed concrete floor and a secure concrete yard to the front of the property.

Externally, the property has painted and rendered block walls and car parking to the side.

The office fit-out includes painted studded walls, gas-fired radiators, carpets, painted and plastered ceilings with fluorescent strip lighting, wall-mounted sockets, telephone points and double glazing. There are security shutters to the external doors and windows.

James Smith of Savills said, "The sale of this property at this price represents excellent value equating to €28.98 per sq ft for a good quality building in a prime location.

"This price reduction gives an incoming purchaser an opportunity to acquire a unit that is located in a prime location and has the benefit of modern facilities."

Meanwhile, Savills and Sherry FitzGerald O'Donovan have been instructed to sell a 45 acres land holding on the outskirts of Midleton Town, Co Cork, which may be suitable for any farming enterprise or potential development land.

The holding is located just off the N25 (Cork to Rosslare Euro Route) about 1.5km east of Midleton.

Most of the lands are currently in a mix of grass and tillage with a small parcel of land to the north west prepared for development and the topsoil removed.

The agents are seeking offers in excess of €15,500 exclusive per acre for the subject land.

 

Office suite in city centre for €185,000

HOOKE & MacDonald reduced the price of an office suite near the Four Courts in Dublin.

The fully-fitted and furnished 85 square metre office suite adjacent to the Jameson Distillery Centre is now up for sale for €185,000.

The own-door unit is a ground floor office with basement car parking, which forms part of a restored period building.

The unit was fitted out by a previous occupier, a solicitors practice, and incorporates a contemporary modern fit-out, with a raised access floor with air conditioning.

The office unit is said to be in walk-in condition and provides a reception, an open plan area, two cellular offices, and a fully fitted WC/shower facility.

If let at €15-16,000 per annum, the property would show a yield of 8.25pc-8.5pc at the quoting price.

Irish Independent

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