Veritas Building Ballycoolin Business Park Dublin 15€16,790,000 For Sale 11,286.80 sqm approx
Cushman & Wakefield are delighted to present details of the Aurora Building, Ballycoolin, Dublin 15. The property offers prospective purchasers an opportunity to acquire a high yielding office investment opportunity at significantly below replacement cost.
- Strategically situated approximately 2 km north east of the M50 with ease of access to Dublin Airport and the Irish motorway network.
- Consists of two interconnecting office buildings extending to approx. 11,286.8 sq. m (121,490 sq. ft) on a site of on a site of approx. 2.67 ha (6.59 acres).
- Fully let to Veritas Storage (Ireland) Limited on a 7-year FRI lease expiring in November 2022
- Block A (approx. 23,071 sq. ft) is sublet to eBay on an IRI basis until September 2022.
- Current passing rent of €1,214,988 p.a. with an additional €1,792,272 p.a. fit out rent payable for the duration of the lease. Total rent of €3,007,260 p.a.
- Extensive car parking to surrounding the property
- Held by way of 999-year ground lease, subject to a nominal ground rent
- BER D1
- Tenants not affected
Further information available on www.aurora-ballycoolin.com.