Tenant: Gypsum Industries now t/a Saint-Gobain Products Ireland Limited
Modern two storey office building: (finished and fitted to very High Standard) 10,250 Sq.Ft. & 25 Car Spaces
Let 13.06.13 for 10 years. F.R.I. 5 year review
Highly sought-after park adjoining Grange Castle Bus. Pk.
Break Clause: 2020 (4 years)
Rent 80,000 pa only 7.30 psf. & 200 per space
Rent Review: 13.06.2018 (22 months)
Landlord finishes: Passenger Lift, heating, toilets, canteen
Guide Price: 950,000 & VAT
Net Initial Yield: 8%
Potential Reversion: 10% in 22 months
Saint-Gobain Profit: 10.9m (2014)