22ND NOVEMBER 2017 Unit 8, Hollymount...

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Unit 8, Hollymount Industrial Estate, Hollyhill, Cork FOR SALE BY AUCTION 22ND NOVEMBER 2017 Property Highlights • Prime Industrial investment opportunity • Prominent warehouse extending to approximately 2,247 sq m (24,191 sq ft) including office accommodation measuring approximately 441 sq m (4,755 sq ft) over two levels. • Let to Apple Operations Europe on an annual lease agreement from January 2015 with a current passing rent of €66,700 per annum. • The subject property services the adjacent Apple campus which is in the process of expanding its current facility, expected to complete in early 2018 • The property is accessible form all major routes and benefits from ample car parking and circulation area • Tenants unaffected Investment Opportunity 2,247 sq m / 24,191 sq ft approx. Contact Philip Horgan Email: [email protected] Tel: +353 (0)21 427 5454 Frank Ryan Email: [email protected] Tel: +353 (0)21 427 5454 Cushman & Wakefield No. 6 Lapp’s Quay Cork Ireland Tel: +353 (0)21 427 5454 cushmanwakefield.ie

Transcript of 22ND NOVEMBER 2017 Unit 8, Hollymount...

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Unit 8, Hollymount Industrial Estate, Hollyhill, Cork

FOR SALE BY AUCTION22ND NOVEMBER 2017

Property Highlights• Prime Industrial investment opportunity

• Prominent warehouse extending to approximately 2,247 sq m (24,191 sq ft) including office accommodation measuring approximately 441 sq m (4,755 sq ft) over two levels.

• Let to Apple Operations Europe on an annual lease agreement from January 2015 with a current passing rent of €66,700 per annum.

• The subject property services the adjacent Apple campus which is in the process of expanding its current facility, expected to complete in early 2018

• The property is accessible form all major routes and benefits from ample car parking and circulation area

• Tenants unaffected

Investment Opportunity 2,247 sq m / 24,191 sq ft approx.

ContactPhilip Horgan Email: [email protected] Tel: +353 (0)21 427 5454

Frank Ryan Email: [email protected] Tel: +353 (0)21 427 5454

Cushman & Wakefield No. 6 Lapp’s QuayCork IrelandTel: +353 (0)21 427 5454

cushmanwakefield.ie

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Conditions to be noted: A full copy of our general brochure conditions can be viewed on our website at http://www.sherryfitz.ie/terms or can be requested from your local Cushman & Wakefield office. We strongly recommend that you familiarise yourself with these general conditions. PSRA Registration Number: 002607.

Cushman & Wakefield No. 6 Lapp’s QuayCork IrelandTel: +353 (0)21 427 5454Email: [email protected]

cushmanwakefield.ie

TitleWe understand that the property is held Freehold / Long Leasehold.

BER detailsBER G Ber No. 800501389 Energy Performance Indicator: 1260.99 kWh/m2/yr.

PriceOn application.

ViewingsStrictly by appointment with the sole agents Cushman & Wakefield.

The LocationHollymount Industrial Estate is located approx. 4km northwest of Cork City Centre. This established industrial estate is accessed from Harbour View Road and borders the IDA Industrial Estate and the Apple Facility. The subject property is located approximately 200m from the Apple campus

DescriptionThe subject property comprises a semi-detached L-shaped warehouse facility extending to approx. 2,247 sq m (24,191 sq ft). The property comprises ground floor office and first floor office/storage accommodation extending to approximately 441 sq m (4,755 sq ft) with the remainder of the building comprising warehouse. There is a large shared yard and car parking to front & side and the building includes two dock levellers and a roller shutter door

AccommodationThe approximate gross internal floor areas of the property are as follows:

Ground Floor: 2,027 sq m 21, 813 sq ft

First Floor: 220 sq m 2,378 sq ft

Total: 2,247 sq m 24,191 sq ft

TenancyLet to Apple Operations Europe on an annual lease agreement from January 2015 with a current passing rent of €66,700 per annum.

Tenants unaffected.

Ordnance Survey Ireland Licence No. AU 0015617