Property Description:
EXCELLENT INVESTMENT OPPORTUNITY in Galway City.

The property is located in the City East Business Park which is located approximately 5 km from Galway City Centre. The property fronts onto the National primary Route N6, Bothar na dTreabh. Access to the property is provided by a slip road from the Morris Intersection and this road also provides access to the HP/Boston Scientific Plants.

The property is a three storey office block of concrete block construction with a pitched timber and tiled roof. The external fa?ade is a mixture of plaster and red brick and the property has double glazed uPVC windows.

The subject building comprises 1 of 3 interconnecting buildings providing accommodation for the Schneider Electric IT Logistics Europe company. The remaining 2 buildings are not included in the sale of this property.

The subject property extends to 1,090.7sq.m. (11,739sq.ft.) and is laid out over 3 floors. The majority of floors are in open plan format with a central staircase and an 8 passenger lift. All 3 floors are air-conditioned using a Gas Fired VRF system and individual wall mounted AC units. There are 66 car spaces designated with the property.

The ground floor of the subject property is centrally located to the three buildings and is used as a canteen/staff area which includes a fully fitted kitchen facility. The first floor is used a lab and offices while the second floor is used as offices. Each floor provides toilet accommodation and a disabled toilet.

The property is let to Schneider Electric IT Logistics Europe Limited on a 20 year 11 month lease from
1 November 2007 at a current rent of 94,400p.a. or 86.50psm (8psf). The Tenant has the benefit of a break option at the end of the tenth (November 2017) and fifteenth (November 2022) yea