Units 1, 1A, 4, 4A, 5 & 6 Europa Business Park, Midleton, Cork

Asking Price €450,000
  • Area 21086 Sq.Ft
  • Type Industrial Units

Description

EXCITING INVESTMENT / ASSET MANAGEMENT OPPORTUNITY
ERA Downey McCarthy are delighted to present to the market this exciting investment/asset management opportunity within Europa Business Park. Comprising 4 separate buildings accommodating 5 industrial units and 1 office unit with a current rent roll of €22,200 (including service charges) from 2 tenants and 4 other units available with vacant possession
(Tenants Unaffected).

Building 1
This property accommodates Units 1 and 1A. Construction appears to be of steel columns supporting latice steel roof truses under a pitched metal deck roof. Perimeter and party walls are of concrete blockwork and there is an internal eaves height of 2.67 meters. There are goods access doors front and rear, 1 serving each unit.

Building 4
Building 4 accommodates Units 4 and 4A. It is of steel portal frame construction with a pitched and insulated metal deck roof and profile metal wall cladding. There is a pre-cast concrete mezzanine floor running through the entire building which divides the eaves height into 2.76 meters on the ground floor and 2.35 meters at first floor level. A concrete block party wall divides the 2 units. Both units have roller shutter goods access doors serving both ground and first floor levels.

Building 5
Building 5 is also detached and laid out as one unit. It is of similar construction to Unit 4 and also has a precast concrete mezzanine floor running through its entire length. Again, there is a roller shutter goods access door serving each floor.

Building 6
Building 6 comprises a detached single storey pre-fabricated office building. It has concrete panel walls supporting a pitched metal deck roof. There are single glazed timber framed windows throughout and electric storage heaters. It accommodates 4 office rooms and 1 w.c.

Features

Total accommodation extends to c. 1,959 sq m ( c.21,086 sq ft )
Great location adjacent to the N25 Cork-Waterford national route.
Zoned “Existing Built Up Area”.
6 individual units of which 2 are currently occupied.
Potential reversionary income of €65,000 per annum.

BER Details

BER: C1 - F

Accommodation

Unit No. Floor Type Size Size Status
Sq.M. Sq.Ft.
1 Ground Industrial 437 4,704 Occupied
1A Ground Industrial 349 3,757 Occupied
4 Ground Industrial 143 1,539 Vacant
4 First Industrial 143 1,539 Vacant
4A Ground Industrial 138 1,485 Vacant
4A First Industrial 138 1,485 Vacant
5 Ground Industrial 265 2,852 Vacant
5 First Industrial 265 2,852 Vacant
6 Ground Office 81 872 Vacant

Total 1,959 21,086

Directions

Europa Business Park is located just off the N25 eastbound and west of Midleton town centre. The business park is very conveniently located near the Midleton fly-over and provides excellent access to the N25 and is only c. 20Km from Cork City.

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