Building 1, Parkmore West Business Park, Galway

PRIME GALWAY MANUFACTURING INVESTMENT

(Tenant not Affected)

* Modern manufacturing unit with ancillary office and employee facilities
* Extending to a total floor area of approximately 5,751 sq m (61,903 sq ft) GEA
* Total site area extending to approximately 0.91 ha (2.25 acres)
* Located in Galway's premier business park - Parkmore, which is fully occupied
* Let to Celestica with c.5.4 years unexpired
* Passing rent of €519,812 per annum with reversionary potential
* Guide price of €7.5 million, breaking back to €1,304 per sq m ('€121 per sq ft) - Significantly below replacement cost

Location

Galway is an established international hub for manufacturing and research in the Medtech and Life Sciences, ICT, Food and Engineering sectors, with major employers include Boston Scientific, Hewlett Packard Enterprise, Valeo Vision Systems, Avaya, Cisco, SAP, Medtronic and Celestica.
Parkmore IDA Business & Technology Park is located approximately 6.5 km on the east side of Galway city and is considered the premier industrial and logistics location in Galway due to the high specification buildings and accessibility.

Parkmore Business Park is an IDA managed business campus comprising approximately 41 hectares (100 acres) encompassing between Parkmore East and West and is well established as a manufacturing, life sciences and technology hub.

Occupiers include market leading manufacturing and international services clients such as Medtronic, TE Connectivity, UNICOM, Integer, Merit Medical, EA, and Curtiss Wright.

Highly accessible location approximately 3 km north of the N6, Galway to Dublin Road. Parkmore is approximately 1 km south of the N17 Galway €" Sligo road and 6 km north of the N18 Galway €" Limerick road. Accessibility will be enhanced further in the coming years through the long planned Galway City Ring Road.