5a Sandyford Business Centre, Blackthorn Road, Sandyford, Dublin 18

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€1,300,000

Investment Property For Sale
4,120 sq. feet (383 sq. metres)

Rating:

Contact Name: Thomas Byrne

Selling Agent: Lisney

PSR Licence Number: 001848

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Property Description

Unit 5A comprises a two-story own door self-contained office unit located in Sandyford Business Centre. The accommodation is predominantly open plan in layout with some demountable partitioning providing cellular offices in parts of the building. A staff canteen area is provided at the first-floor level.

The property presents well and is finished to a high standard providing for raised access flooring, suspended ceilings, and ample floor boxes. Toilets are provided at ground and first floor levels.


Tenancy
The subject property is leased to Exaxe Limited t/a Majesco on a 20-year FRI lease which expires on 30th September 2024 at a passing rent of €106,000 per annum.

Zoning
The property is zoned Objective OE (Office Based Employment) 'To provide for office and enterprise development' under Dun Laoghaire and Rathdown County Development Plan 2016-2022.

Tenure
We understand the property is held long leasehold.

VAT
The purchaser will be liable for any VAT (if applicable) arising out of the sale.

Features
-Self-contained office extending to 382.73 sq.m (4,119 sq.ft)
-12 surface car parking spaces
-5 years to lease expiry
-Passing rent of Eur106,000 per annum
-Attractive net initial yield of 7.50%
-Tenant not affected by the sale

Location
Sandyford Business Centre is located approximately 8km south of Dublin city centre, with access off Burton Hall Road and Blackthorn Road in the heart of Sandyford Industrial Estate. The immediate area is predominantly commercial in character.           

There is excellent transport infrastructure and public transport links within close proximity to the property, such as Sandyford LUAS stop which is situated within a 4-minute walk of the property. Dublin Bus also operates a regular bus service towards the city centre and the south suburbs.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 70 days ago


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To: Thomas Byrne in Lisney
Subject: Investment Property For Sale in 5a Sandyford Business Centre, Black...
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Selling Agent

Lisney
Lisney St. Stephen’s Green House, Earlsfort Terrace, Dublin 2

Contact Name: Thomas Byrne

PSR Licence Number: 001848

Show Number
This Investment Property For Sale located at 5a Sandyford Business Centre, Blackthorn Road, Sandyford, Dublin 18 is currently for sale. This property was last updated by Lisney 70 days ago. 5a Sandyford Business Centre, Blackthorn Road, Sandyford, Dublin 18 is priced as: €1,300,000 and has 4,120 sq. feet (383 sq. metres). View all properties for sale in Sandyford, Dublin 18. View investment property for sale in Sandyford, Dublin 18.
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