Tenant Not Affected By Sale

Excellent opportunity to acquire a modern industrial style unit, measuring circa 1,260m2, in a highly convenient location with direct access to the N17 & N4. The majority of the building is tenanted with scope to increase the rent roll when the vacant areas are occupied.

LOCATION:
This excellent property is located in the Northwest Business Park which is a development of large warehouse & retail warehouse units. This is a strategic location with direct access to the main Sligo, Dublin (N4) & Galway (N17) Roads.

There are number of high profile businesses trading from this location including the new state of the art Mercedes Dealership, CMD Training Institute, PMM Ltd, Enda McCarrick Motors, etc.

SIZE:
Circa 1,260m2 over two levels (630m2 per floor)
(These measurements are approximate & the reader may wish to confirm on site)

ACCOMMODATION / TENANCY ARRANGEMENTS:
The ground floor area measures circa 630m2 & the entire is let to Ocean FM. Approximately half of the ground floor is occupied by Ocean FMs offices & studios and the remaining is laid out as their storage facility.

The first floor measures circa 630m2 & half of this area is also occupied by Ocean FM.

There are almost seven years remaining on the Ocean FM lease & the rent is currently set at 40,000 pa.

The remaining first floor area is sub-divided into 5 independent offices, one of which is currently occupied by North West Express magazine. This tenant is in situ on a monthly lease arrangement of 500 per month (6,000pa).

OUTSIDE:
There is ample parking at this property, both to the front & rear of the unit.

Contents Included in Sale:
We understand that the fit out belongs to the existing tenants.

Manag