Unit 14

The property comprises an end of terrace industrial unit with a portion of two storey offices to the front. A steel-framed temporary mezzanine has been constructed in part of the warehouse area. The building is of concrete frame construction with a pitched double skin metal deck roof. The entire property

The property comprises an end of terrace industrial unit with a portion of two storey offices to the front. A steel-framed temporary mezzanine has been constructed in part of the warehouse area.

The building is of concrete frame construction with a pitched double skin metal deck roof. The entire property extends to an approximate gross external floor area of approximately 5,462 sq.ft (507.44) sq.m) and includes 8 designated car parking spaces.

The ground floor office section comprises a reception area, office & showroom. Further office space is provided at the first-floor level. The office accommodation is finished to a specification including suspended ceilings, fluorescent lighting, wall mounted storage heaters, perimeter trunking, plastered and painted walls and carpeted floors throughout.

Tenancy

New 25-year lease to Rhino Industrial Ltd t/a Rhino Distribution at a rent of €45,000 per annum with a break option at the end of year 10 (L & T). The lease will commence at the closing of the sale.

Tenure

Long leasehold from 1^st February 2000 for 10,000 years.

Method of sale

The subject property is for sale through the Lisney “Click to Purchase” online platform. Further details are available on request.

Price

Offers are sought in excess of €520,000, which represents a NIY of 7.87% after the deduction of standard acquisition costs at 9.96%.