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Investment Opportunity for Sale by private Treaty. (Note: Tenants Unaffected).
Industrial warehousing facility extending to a total floor area of approximately 7,625 sq. m. (82,045 sq. ft). Currently let at an annual rent of â‚¬214,000 p/a. Next break is October 2025. Very good covenant.
This building incorporates approx. 7,500 sq.m. (80,700 sq. ft.) of warehousing/production accommodation and approx. 125 sq.m. (1345 sq. ft.) of ancillary office and staff facility accommodation. Eaves Height: Minimum. 5.0m increasing to 9.5m. Two automated roller shutter door access with rear circulation, loading/unloading space. Eight dock levellers.
Ancillary office and staff facilities including reception area, open plan office, private office, canteen and toilet facilities.
Extensive hard-standing and circulation space to the rear of the unit.
Circa 4,725 sq.m (50,841 sq. ft.) is occupied by overall tenant with the remaining Circa 2,900 sq.m (31,204 sq. ft) sublet to adjoining operator.
Construction comprises of reinforced concrete floor, steel portal frame, block and cladded walls and a newly completed industrial roof cladding.
Annacotty Business Park is positioned in a strategic location approximately 8 km east of Limerick City Centre on the Cappamore Road (R506), just off the main Dublin Road.
There is direct and easy access to the M7 Motorway which services Tipperary, Dublin and Cork (N20) and the Limerick Tunnel servicing Shannon, Ennis and Galway via the M18 Motorway.
Annacotty Business Park is a well-established location and comprises of the largest industrial warehousing park in Limerick with a total floor area in excess of 120,000 sq.m.
The business park is home to a concentration of companies including Transport, Logistics, Construction and ICT companies.
Prominent occupiers within the park include Shannon Transport Ltd, DPD, Key Ingredients Europe Ltd, Teleflex Medical Ireland Ltd, Fusion Logistics Ltd, Henry Schein Inc., Healthcare 21, Powerohm Limited and Serosep.
Excellent investment opportunity with potential for rent growth at the next review. Full details on request.
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