49/50 Broomhill Close, Tallaght, Dublin 24

Location:

• 49/50 Broomhill Close is situated in the western side of Broomhill Industrial Estate which forms part of commercial district of Tallaght.
• The property is located approximately 8.5km south-west of Dublin City Centre and just 1.4km from junction 10 on the M50 motorway which provides rapid motorway access to all of the main national routes from Dublin, to Dublin Airport and the Dublin Port Tunnel.

Description:

• The property consists of a detached light industrial unit extending to 1,254 sqm (13,498 sq ft) to include two storey office accommodation.
• The total site area extends to approx. 0.7 acres, which includes an enclosed concrete yard to the rear of the premises. There are approximately 20 surface car parking spaces to the front of the unit.
• The property is of concrete frame construction, with full height concrete block walls internally and an asbestos roof that incorporates 10% translucent panels over.
• Loading access is via 2 no. automated roller shutter doors, 1 to the front of the building and 1 to the rear.
• Clear internal height of approx. 5.4m.

Tenancy Information:

• The entire is let to Xylem Water Solutions Ireland on a 10 year Full Repairing and Insurance lease with no break option from 17 February 2018 at a passing rent of €128,230 per annum. The open market rent review on 17 February 2023 has been recently completed.
• Net Initial Yield of 7.29%.