LOCATION

The property is situated within the Malahide Road Industrial Estate. The estate is bounded by the Malahide Road to the east and Greencastle Road to the west.

The estate is located c.7km north east of Dublin City Centre and is strategically positioned within 1km of the N32 link road to the M1/M50, providing rapid motorway access to the Port Tunnel.

Other occupiers in the area include Bargain Town, UCI Tiles and King Distribution.

DESCRIPTION

The premises comprises a four adjoining commercial warehouse buildings

The property is of steel frame construction Steel purlins support a metal decked roof with translucent lighting.

The building has full height fair faced concrete block walls and concrete floors.

There is generous parking to the front of the property.

The former units 4 & 5 is now a cleared site extending to an area of c. 667m2

BER numbers available from agents on request.


TITLE

Long leasehold: 99 years from the 7th June 1989. Next rent review June 2015. Subject to a current rent €20,000 p.a.

OPPURTUNITY

Newtown Avenue provides investors with an opportunity to acquire a modern, industrial complex. There is immediate reversionary potential with active management which will produce a positive return for the landlord. There is also the development potential of the site subject to planning permission