Thursday 23 November 2017

Fully-let creche facility at Citywest for €800k

Picture posed
Picture posed
Ronald Quinlan

Ronald Quinlan

CBRE are seeking €800,000 for Unit 4008 at Citywest Business Campus. The property which is fully-let to Links Creche is located in close proximity to numerous housing estates including Brownsbarn Wood & Orchard, The Belfry, Verschoyle and Carrigmore as well as the newly-developed Silken Park & Cuil Duin, and Citywest Village. The creche is also an important amenity for Citywest Business Campus and its 150 companies.

Links Crèche occupies the premises on a 25-year FRI lease from September 1,2012 with no break option, leaving a residual term of 19.9 years. A purpose-built single storey unit extending to 623 sq m (6,706 sq ft), the property has an annual rent roll of €69,000, and is well-located on the Old Naas Road with access off the N7 at the Kingswood interchange.

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