I'm looking for:

Unit 5, Glanmire Industrial Estate, Sallybrook, Glanmire, Co. Cork

FOR SALE

INVESTMENT OPPORTUNITY

LIGHT INDUSTRIAL/ WAREHOUSE/ COMMERCIAL UNIT

TENANT NOT AFFECTED

UNIT 5, GLANMIRE INDUSTRIAL ESTATE, SALLYBROOK, GLANMIRE, CO CORK

  • A substantial commercial/ warehouse unit with ancillary office accommodation extending to a footprint of some 5,500 sq. ft approx. with additional mezzanine levels on a private site of 0.45 acres/ 0.18 ha approx.
  • Currently in use as a Gym and occupied by Rive Fitness with a passing rent of 25,000 per annum exclusive under a 5 year lease from September 2016.
  • Tenant will remain unaffected by the sale.
  • Situated in Glanmire Industrial Estate in Sallybrook off the R639 which links directly to the M8 Motorway.
  • This is a well established and popular commercial location which benefits from excellent road network access.
  • Adjoining occupiers in the area include, Grandons Garage, Spring Grove Services, Eurofins Food Testing, and Oliver Lynch Ltd.

Description:

  • A Commercial/ Warehouse Unit with 2 storey office block to the front. The building extends to a footprint of some 5,500 sq.ft (511 sq. m) approx. with a minimum eaves height of approx. 17ft (5.2m).
  • Car parking available on site with an abundance of circulation space in the secure yard.
  • Internally the unit is fitted to support its function as a Gym to include reception, office/ consultation rooms, training areas, changing rooms, showers, and private classrooms.
  • The unit is also fitted with a part mezzanine floor.

Tenancy:

  • Currently occupied by Rive Fitness with a passing rent of 25,000 per annum exclusive under a 5 year lease from September 2016 and a rent review in December 2019.
  • Tenant has an option to renew for a further 5 years at the expiration of the term.
  • Tenant will remain unaffected by the sale.

Accommodation

Description                    Sq Ft Approx.            Sq M Approx.

Ground Floor                      5,500                           511

Front & Rear Mezzanine    2,010                           187

Total Floor Area                  7,510                           698

Rates:

  • Approx. 8,500 per annum (2017).

Viewing:

Strictly by prior appointment with Sole Agents;

  • Rob Coughlan 
  • Steven Denehan
  • 260,000
  • Area 511 Sq.M
  • 5500 Sq.Ft
  • Other Information investment property

+353 21 427 7717

Location

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  • Society of Chartered Surveyors Ireland
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