INVESTMENT FOR SALE – High Spec Modern Office Building, Monkstown, Co. Dublin

INVESTMENT Office Building with Off Road Private Parking – Tenants Not Affected

Castlecourt, Monkstown Farm, Monkstown, Co. Dublin A96 T924.

High Specification Modern Purpose Built Tenanted Office Building

FOR SALE – Price on Application

Castlecourt is a purpose built [completed on 2006] modern office building located in Monkstown Farm with a Total Building area of 949.10m²/10,216sqft made up of 719.92m²/7,749.11 Office Space & 229.18m²/2,466.89sqft Common areas.

Conveniently situated between Blackrock, Dun Laoghaire and Deansgrange and approx 10km south of Dublin City centre.

Easily accessible public transport with Bus routes [3 mins walk] and DART [12 mins walk to Salthill & Monkstown station].

This property is a 3 storey office building with 24 on site off road Private Car Parking spaces & Bike Parking.

The accommodation is bright, spacious and mainly open plan spread over the Ground, 1st & 2^nd floors.

Each floor has kitchenettes & ladies/gents toilets and disabled/wheelchair access toilet facilities on the ground floor including Ladies & Men’s showers..

FEATURES:

8 Person Elevator

Disabled Access

Raised Access Floors incorporating Power & Data outlet boxes

Suspended Ceilings

Anti static Carpet Tiles

High Frequency Light Fittings [Cat 2]

Thermostatically Controlled Radiators [GFCH]

Hot & Cold Air Con

Cat 5 Cabling

Phone Lines

Alarm

Toilets & Showers

Reception

Meeting Rooms

Kitchen Areas

On Site Private Off Road Parking [24 spaces] + Bike Parking

BER: B3 – No: 800114746 – Performance: 330.8kWh/m2/yr
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Leases & Tenancies: All Demise, Repair & Insure, 5 Yr Rent Reviews

Unit Number    Current Rent  Car Spaces  Lease Expires  Service Charge %

1                   €13,000 yr       2               01/03/2026       9.22%

2, 3 & 4          €56,800 yr       10              01/01/2027      40.70%

5 & 6             €116,000 yr     12             01/12/2026      50.08%

Total                 €185,800 + Vat

Unit 1 is 66.37m²/714sqft

Units 2, 3 & 4 have a total area of 293m²/3154sqft

Units 5 & 6 have a total area of 360.53m²/3881sqft

** All Tenant’s have indicated they wish to extend their leases
** Subject to Planning Permission, there is additional development potential.

Unit 1 is 66.37m²/714sqft – Units 2, 3 & 4 have a total area of 293m²/3154sqft Units 5 & 6 have a total area of 360.53m²/3881sqft

** Rent Review pending in No’s 5 & 6

** All Tenant’s have indicated they wish to extend their leases
** Subject to Planning Permission, there is additional development potential [by adding another floor}

DISCLAIMER: Details & information are given in good faith & believed to be correct & accurate. However, Burke Kennedy Estate Agents Ltd & their agents shall not be held liable or responsible for inaccuracies. All descriptions, dimensions, references to condition & permission for use & occupation, & other details are believed to be correct but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their correctness.

Burke Kennedy Estate Agents Ltd do not hold any Client/Tenant/Purchaser funds.
Property Services Regulatory Authority Licence Number: 003745