Midleton Business & Enterprise Park, Dwyers Road, Midleton, Cork

POA
Sale Agreed
  • Area 950 Sq.M
  • Type Industrial Units

Description

ERA Downey McCarthy are delighted to present to the market this exciting development/investment opportunity within Midleton Business & Enterprise Park. Comprising of 28 individual units on a site extending to c. 5.25 acres with a current rent roll of c. €72,000 per annum ex vat from 6 tenants. Existing tenants include The Department of Social Protection, Cascade, WRS Furniture, Vertex, MFCL & Mercury(Tenants Unaffected).

Features

Exciting investment / development opportunity .
Site extends to c.5.25 acres with accommodation extending to c. 8,164 sq m.
Current Rent Roll c.€72,000 per annum ex vat from 6 tenants.
28 individual units of which 22 units are currently vacant.
Significant opportunity to increase rent roll.

Zoning
Town Centre and mixed uses in the current Midleton Town Development Plan.

Tenancy Schedule:

Unit Tenant Annual
Rent Ex Vat

1 Social Welfare office €19,050
2 Cascade Ltd € 7,019
4 R Skwiot t/a WRS Furniture € 3,601
7 Vertex €4,820
24A MFCL Ltd €20,250
24B MFCL Ltd € 6,975
25 Mercury Food Distributors Ltd €10,293
Total €72,008

BER Details

BER: B2 - G

Accommodation

Accommodation Schedule
Unit Type Sqm Sq Ft Status BER
1 Office 142 1524 Occupied G
2 Warehousing /Industrial 475 5108 Occupied Exempt
3 Warehousing /Industrial 2085 22447 Vacant Exempt
3A Warehousing /Industrial 86 925 Vacant Exempt
4 Warehousing /Industrial 74 796 Occupied D2
5 Warehousing /Industrial 54 584 Vacant G
6 Warehousing /Industrial 57 614 Vacant G
7 Warehousing /Industrial 112 1205 Vacant C1
8 Warehousing /Industrial 112 1203 Vacant Exempt
9 Warehousing /Industrial 113 1217 Vacant Exempt
10 Warehousing /Industrial 89 960 Vacant Exempt
11 Warehousing /Industrial 339 3650 Occupied C1
12 Warehousing /Industrial 693 7459 Vacant G
13 Warehousing /Industrial 117 1264 Vacant Exempt
14 Warehousing /Industrial 111 1197 Vacant Exempt
15 Warehousing /Industrial 115 1237 Vacant Exempt
16 Warehousing /Industrial 115 1233 Vacant Exempt
17 Warehousing /Industrial 229 2461 Vacant Exempt
18 Warehousing /Industrial 73 788 Vacant Exempt
19 Warehousing /Industrial 181 1943 Vacant Exempt
20 Warehousing /Industrial 182 1956 Vacant Exempt
21 Warehousing /Industrial 180 1939 Vacant Exempt
22 Warehousing /Industrial 406 4366 Vacant Exempt
23 Warehousing /Industrial 143 1539 Vacant F
24 Fitness Centre 1208 13005 Occupied B2
25 Warehousing 348 3745 Occupied B2
26 Warehousing /Industrial 48 517 Vacant Exempt
27 Warehousing /Industrial 49 524 Vacant Exempt
Total 8,164 91,542

Directions

Midleton Business & Enterprise Park is located on Dwyers Road just off Midleton town centre. The property forms part of a larger industrial estate located immediately east of Dwyers Road and west of the Watersedge development. There are also a number of nearby residential developments and the location is within walking distance of Midleton town centre.

Disclaimer

The above details are for guidance only and do not form part of any contract. They have been prepared with care but we are not responsible for any inaccuracies. All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given in good faith and 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 himself / herself by inspection or otherwise as to the correctness of each of them. In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail. The details are issued on the understanding that all negotiations on any property are conducted through this office.

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