Sunday 25 March 2018

Price of industrial unit is slashed by €270k

The price of an industrial unit at Millennium Business Park in north west Dublin has been almost halved from €545,000 to €275,000. The 274sqm Unit 21 comes with 126.5sqm of offices spread over two floors, as well as a mezzanine space and 147sqm of warehouse.

The agents Lisney are open to offers equating to approximately €1,000 per sqm.

Similar units are being marketed at €60 to €100 per sqm to lease and €1,500 to €1,800 per sqm to purchase respectively.

Industrial yields are currently 8.25pc.

With eaves height of 5.5m, the unit is located on the eastern side of the newly upgraded Cappagh Road adjacent to Northwest Business Park and Stadium Business Park.

Irish Independent

Business Newsletter

Read the leading stories from the world of Business.

Also in Business