Tuesday 20 August 2019

€2.25m guide for Ballycoolin site

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Donal Buckley

Donal Buckley

A logistics facility extending on a 1.26 acre site is for sale at Ballycoolin, Dublin 11.

Selling agent CBRE is guiding €2.25m for Unit 47 Rosemont Business Park, Ballycoolin, a premises which extends to 25,006 sq ft.

Loading facilities at this high bay property include three grade doors and a dock leveller.

It is currently let to Hytech Logistics Ltd for an annual rent of €160,000 under a lease which is due to expire on 28 February 2019.

The lease provides for a mutual rolling break option subject to four month's notice.

Such terms could suit both investors, who could seek to regear the existing lease, or alternatively owner occupiers who could take back possession of the property from next spring.

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