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Unit A1 Nutgrove Office Park, Nutgrove Avenue, Rathfarnham, Dublin 14

Investment Property (8,191.00 sqft) Sale Agreed
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Sale Agreed

Features

  • Modern three storey semi-detached self-contained office unit extending to approximately 761.00 sqm (8,191 sq.ft) with 12 designated car spaces
  • Let to two tenants at a combined rent of €129,000 per annum
  • The ground floor is let to Coty Ireland Limited on a 5 year lease from 15th January 2016
  • The first and second floor is let to Dillon solicitor on a 18 year 10 month lease from 27th February 2009
  • The tenant has a break option available to them at expiry of the 10th year
  • Tenants not affected by sale

Location

Nutgrove Office Park is an established office park development situated South of Nutgrove Avenue, just off Meadow Park to the West. Nutgrove Avenue is an important traffic artery leading from the village of Rathfarnham to the major intersection at Lower Churchtown Road and within easy access of Dundrum town centre.   It is located approximately 6km South of Dublin City Centre. Nutgrove shopping Centre is just west of the property. Notable occupiers in the area include Lidl and Pat McDonnell Paints, homestore + more, Pet World, Harvey Norman and Harry Corry.
The M50 motorway is located 5km West of the property and provides direct access to the country’s main roadway network while the LUAS Green Line service is just 1.5km East.  There are also numerous bus routes providing transport to and from the City Centre on Nutgrove Avenue and Churchtown Road Upper.

Full Description

The property comprises of a self-contained three storey office unit within Nutgrove Office Park. The park comprises of 6 office blocks completed in circa 2008.
The office accommodation at ground floor provides for a shared foyer with a triple height atrium and spiral staircase to first floor. There is lift access to all floors. The office space is primarily open plan with tenant fit out including a number of cellular offices, meetings rooms and canteen at each level. 
The property benefits from raised access floors covered in carpet and tiles, with plastered/painted walls and suspended acoustic tiled ceilings.

Viewing Details

By special appointment with the sole letting agent, Lisney.

Accommodation

    The approximate Gross Internal Areas (GIA) are as follows:

     

    Floor Sqm Sqft
    Ground 310.2 3,337
    First 283.19 3,048
    Second 167.78 1,806
    Total 761.00 8,191

    Potential purchasers are specifically advised to verify the floor areas as part of their due diligence.


    The property also benefits from 12 designated car spaces.

Lease Details

The property is let to two tenants at a combined rent of €129,000 per annum. The ground floor is let to Coty Ireland Limited on a 5 year lease from 15th January 2016. The first and second is let to Dillon Solicitors on a 18 year 10 month lease from 27th February 2009. The tenant has a break option avaialble to them at the expiry of the 10th year.

BER Details

BER: C2
BER No. 800567620

Contact Details

Address: St Stephen's Green House, Earlsfort Terrace, Dublin 2
Telephone: +353-1-638 2700 or you can also email us at dublin@lisney.com

Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.

3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation  are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation or for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant.

  4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.