Former UPS offices going for €1.95 million

Former UPS offices going for €1.95 million

By Brendan Grehan

THE FORMER UPS offices at Tallaght Retail Park on High Street has a guide price of €1.95 million from Savills. This comes in at just over €50 per square foot.

UPS occupied the upper floors of Block 5, while the ground floor was separately rented by Smyths Toys.

UPS  offices

The now vacant office space extends to 3,540 sq m (38,104 sq ft) and is accessed via a double-height reception area on the ground floor.

A lift gives access to the upper floors, which are mainly open-plan with some cellular offices.

David O’Malley of Savills says the office space at Tallaght Retail Park will appeal to cost-conscious occupiers and investors looking to create a high-yielding investment.

High Street in Tallaght is within walking distance of The Square and offers ease of access to the M50, numerous Dublin Bus routes and the Luas Red line.

As there is a shortage of city-centre office buildings on the market and with rising rents, occupiers and investors are increasingly looking at well-located suburban offices.

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