Industrial Property Specialists For Sale UNIT 1A DAMASTOWN WAY , 15, D15 NN0F

Tenant Not Affected

Boundaries For Indicative Purposes Only

Investment Opportunity - Net Initial Yield of 6.6%

Modern, Semi-Detached, Industrial & Office Unit of 1,893 Sq. m. With Dock & Ground Level Loading Access and 9 Years Secure Income www.williamharvey.ie 01 4532755 PSP Licence No. 002027 Bremore

Balbriggan M2 Skerries

Lusk Rush

M1

Donabate

M3 Swords Co. Meath N2 3 5 4 N3 M50 2 6 Port Maynooth Tunnel 1 M4 N4 7 Dublin Lucan 4

N11 9 10 Dun Laoghaire 11 N7 12 M50 13 14 Co. Kildare 15 N11 N81 16 Co. Dublin Naas 17

Bray

Co. Wicklow Greystones

PROPERTY FEATURES General LOCATION HIGHLIGHTS - Modern, high bay, semi-detached industrial & o ce - Damastown Industrial Park is a quality, modern unit. development situated 900 m north of the N3 in - Gated site with rear marshalling yard and generous Mulhuddart. car parking to the front and side. - Just 2 minutes drivetime from the N3. - Natural gas is supplied to the building. - The property lies 5 km from Juntion 6 on the , 15 km north west of Dublin City Centre Industrial and is convenient to Dublin Airport. - Concrete portal frame construction with mass - Occupiers in the area include IBM, West Pharma, concrete walls to 2.5 m., full height profiled metal Kepak Group, Geodis, Covidien and Helsinn. cladding with a twin skin insulated metal deck roof above incorporating approximately 10% translucent roof panels. - High output lighting in the warehouse. - 8 m. clear internal height (except for cross beam). - Loading access from the rear via 1 No. dock leveller and 1 No. automated ground level door measuring 4 m. wide x 5 m. high.

O ces - Attractive, modern two storey o ces laid out in a mix of open plan and cellular accommodation, canteen, tea station, ladies, gents & disabled wc’s, glazed reception, boardroom, etc. - O ce finishes include suspended ceilings, recessed light fittings, perimeter trunking, data cabling, electric storage heating, etc.

SERVICES & APPARATUS - Please note we have not tested any apparatus, fixtures, fittings, or services. Intending purchasers must undertake their own investigation into the working order of these items. Industrial Property Specialists

ACCOMMODATION TENANT INFORMATION Measurement Application - Gross External - Let to Rennicks Group Limited which is the primary trading entity in the Rennicks Group. Sq. M. - The Company has a 30 year successful trading history and Industrial 1,471 is a leading player in the car license plate, road signs and traffic solutions markets in Ireland, the UK and a number Two Storey Offices & Staff Facilities 422 of international markets. TOTAL 1,893 - Recently acquired in December 2017 by Renatus Capital Partners and represents a strong tenant covenant. Prior to Intending purchasers are specifically advised to verify all this deal the business traded through Rennicks Sign information, including floor areas. See DISCLAIMER. Manufacturing Unlimited Company. TENANCY - 10 year lease from November 2017 with a 5 year market PRICING rent review. Offers are sought in the region of €1.9 million (exclusive). - Full repairing and insuring subject to a schedule of Pricing at this level would reflect a net initial yield of 6.6%, condition. after standard Irish purchaser’s costs of 8.46%. - No break option. - Current rent: €135,000 per annum (exclusive) which is low, based on recent comparable evidence. UNIT 1A DAMASTOWN WAY Mulhuddart, , D15 NN0F

BER DETAILS BER: D1 BER No.: 800282998 Energy Performance Indicator: 371 kWh/m2/yr

Industrial Property Specialists

William Harvey & Co. Limited

Registered in Ireland No. 72737 T: +353 1 4532755 6/7 Greenmount House E: [email protected] Harold’s Cross W: www.williamharvey.ie Dublin 6w PSP Licence No. 002027

DISCLAIMER

of any kind. All descriptions, floor areas, dimensions, plans, maps, computer generated images, references to condition, permissions or licences of use or occupation, access and other details, are for guidance purposes only and may be subject to change. The particulars and information are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely upon them as state- ments or representations of fact, and is specifically advised to satisfy themselves as to their accuracy by carrying out their nwo eud ecnegilid ta rieht nwo .esnepxe oN eeyolpme ro lapicnirp fo mailliW yevraH

third party arising out of these particulars or information. Prices / rents are quoted exclusive of VAT and any other applicable taxes that the purchaser / tenant will be liable for.