Thursday 18 January 2018

Dublin industrial unit goes on market to let

William Harvey & Co is quoting €76,000 per annum for space at Allied Industrial Estate on Kylemore Road in Dublin.
William Harvey & Co is quoting €76,000 per annum for space at Allied Industrial Estate on Kylemore Road in Dublin.
Peter Flanagan

Peter Flanagan

William Harvey & Co. has been tasked with letting a fully racked industrial or storage and office facility in Dublin.

The property at Allied Industrial Estate on Kylemore Road extends to a total gross external floor area of 7,402 sq m and can be let in its entirety, or in lot sizes starting from 1,666 sq m upwards.

The property is available To Let for €340,000 per annum exclusive for the entirety. Smaller lots from 1,666 sq m upwards, ranging from €76,000 per annum exclusive upwards.

Section A extends to 3,796 sq m, Section B to 1,666 sq m and Section C to 1,940 sq m in size.

Harveys say sections A and B "benefit from excellent natural light with high output lighting".

"Section C was designed to facilitate the potential for conversion to temperature controlled space in the future with extra thick claddings and an automated LED lighting system.

"Each of the sections has two grade loading doors and are a minimum of 3.4m wide and 4m high. The industrial storage space has a clear internal height of 6.5m," the agents added.

The overall space is said to be fully racked with the majority configured in a standard aisle width fashion and a portion of section B configured with drive in racking.

There are approximately 4,500 pallet locations with a mix of GKN and Euro pallets. Racking can be included or removed, as required.

Each section has office and staff facilities and typical finishes include suspended ceilings, plastered and painted walls, floor coverings, gas heating, partial air conditioning and fibre optic cabling.

There is "generous", designated car parking. The estate is actively managed with 24/7 manned security on site with a barrier entry system.

Allied Industrial Estate benefits from significant frontage to Kylemore Road and is located 900 metres north of its junction with the Naas Road (N7), adjacent to Aldi.

The M50 motorway is easily accessible at both Junction 7 and Junction 9. It is said toe be "well serviced by Dublin Bus and the Kylemore Luas Stop is less than 1 km away".

The fact that the property is fully racked offers an incoming tenants a very significant fit-out cost saving. The property is being offered in its entirety or in lot sizes from 1,666 sq m upwards, the agents noted.

The industrial market has been slowly recovering from the lows of the economic crash.

More than 86,000 sq m of space was taken up in the first quarter of the year according to CBRE and that figure is likely to have been at least matched over the past three months.

Most of the focus remains on Dublin, however.

Indo Business

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