Sale Type: For Sale by Private Treaty
OFFERED FOR SALE IN ONE OR MORE LOTS
3 no. Industrial units laid out over two buildings at Europa Business Park, Midleton
Units 4, 4A and 7 Europa Business Park ( Building 7 tenants unaffected)
Total accommodation extends to c. 9,126 sq. ft. (847.8 sq.m) laid out over two buildings.
The properties enjoy a superb location with easy access from the adjacent N25 Cork-Waterford Road. Units 4 and 4A are offered for sale with vacant possession. Unit 7 is currently occupied (Tenants Unaffected) with a gross income of €44,400 per anum.
Unit 4 / 4A
Building 4 comprises Units 4 and 4A offering an approx. total of 6,048 sq. ft. (561 sq.m). It is of steel portal frame construction with a pitched and insulated metal deck roof and profile metal wall cladding. Triple glazed windows have been recently installed in the main. There is a pre-cast concrete mezzanine floor running through the entire building which divides the eaves height into 2.76 meters on the ground floor and 2.35 meters at first floor level. The building is currently laid out as one use however a concrete block party wall along with two access points and independent stairwells allows for a division into 2 units with ease. The building has roller shutter goods access doors serving both ground and first floor levels. It offers three office units and WC facilities at first floor level. There is ample parking and circulation space to the front of the property?
Unit 7 –
Exceptional opportunity for investors
Located in a prime position off the N25
Ground floor let on a 9 years 11 month lease at a rent of €22,200 pa. inclusive of Vat, commercial rates and electricity bills. The tenant is unaffected by the sale.
First floor is let on a 4 years 11 month lease at a rent of €22,200. inclusive of Vat, commercial rates and electricity bills. The tenant is unaffected by the sale
Offering c. 3,078 sq. ft. laid out over two levels. The building is of steel portal frame construction with a pitched and insulated metal deck roof and profile metal wall cladding. There is a pre-cast concrete floor running through the entire building which divides the eaves height into 2.76 meters on the ground floor and 2.35 meters at first floor level. The building has roller shutter goods access doors servicing the ground floor and a goods lift to the upper floor. WC facilities are located at ground floor level. Ample parking.
BER Details
BER: D2
Directions
Europa Business Park is located just off the N25 eastbound and west of Midleton town centre. The business park is very conveniently located near the Midleton fly-over and provides excellent access to the N25 and is only c. 20Km from Cork City.