Property Description

Block 8, Beckett Way is a high-quality, fully let office investment located within Park West Business Park, one of Ireland's largest and most established suburban business and technology parks. The property comprises a detached three-storey office building extending to approximately 24,231 sq ft (2,251 sq m) and benefits from 35 dedicated on-site car parking spaces.

Fully let to Vianova Designated Activity Company and generating a passing rent of €400,000 per annum, the property offers investors an attractive income-producing investment in a strategic Dublin location.

Park West Business Park is located approximately 8 km west of Dublin city centre and enjoys direct access to the M50 via Nangor Road, providing excellent connectivity to Dublin City Centre and Ireland's national motorway network. The location also benefits from convenient access to the M1, M4, M7, M8 and M9 motorways, connecting Belfast, Cork, Galway, Limerick and Waterford.

The property is within walking distance of Park West & Cherry Orchard railway station, which provides regular services on the Dublin–Kildare commuter line. The Luas Red Line is also easily accessible via feeder bus services from the business park. Park West is home to a number of leading occupiers including Nissan Ireland, Allianz Technology and Viatel Technology Group.

The building is presented in excellent condition throughout and provides modern, high-quality office accommodation finished to an excellent specification.

The accommodation is accessed via an impressive double-height reception area featuring timber panelling and security access controls. A central core provides passenger lift and stair access to all floors. Internally, the office accommodation comprises a mix of open-plan and cellular layouts, benefiting from excellent natural light throughout. Ancillary facilities include meeting rooms, breakout areas, a staff canteen and WC facilities on each floor.

Features

- Located in Ireland's largest suburban business and technology campus, Park West
- Extends to 24,231 sq ft (2,251 sq m) GIA | 35 on-site parking spaces
- Passing Rent: €400,000 per annum
- Fully let to Vianova Designated Activity Company
- WAULT: c. 3.12 years
- BER C1
- Guide Price: €3,000,000 reflecting a Net Initial Yield of 12.13%

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: 2 days ago