Property Description:
High quality mid-terrace business unit c. 611 sq. m
Let to high quality covenant
Reserved rent 70,000 p.a.x
13 years remaining on FRI lease, No breaks
11 designated car parking spaces

This property is located in Ballymount, approximately 10km south west of Dublin city centre and benefits from its proximity to Junction 10 of the M50. The area is well serviced by public transport with the Luas red line and a number of main bus routes all within walking distance.

A3 Calmount Park comprises a mid-terrace two storey business unit which has been laid out to provide office and showroom at ground and first floor level and an ancillary warehouse/workshop at ground level. The property is in excellent condition throughout and is of concrete portal frame construction with a feature fa?ade part glass and part redbrick. The entire property is let to Bell Security (Ireland) Ltd, trading as Stanley Security who also occupy an adjoining premises which is linked at first floor level. The property benefits from 11 designated car parking spaces.

The entire building is let to Bell Security (Ireland) Limited (now vested in Stanley Security Limited) from the 24th April 2008. The entire is let on a 20 year FRI lease with 5 yearly upward only rent reviews at a contracted rent of 70,000 per annum. By a Deed of Rectification break clauses were removed and the rent was reduced temporarily as follows; 50,000 from Mar 15 " Feb 16, 60,000 from Mar 16 " Feb TM7 and 65,000 from Mar 17 " Feb TM8. In addition the reduced rent is paid yearly in advance. The rent then reverts to the passing rent of