Guide price of €490k for office unit and warehouse

Guide price of €490k for office unit and warehouse

By Aideen O’Flaherty

A WAREHOUSE and office unit in Walkinstown is set to go under the hammer this month with a guide price of €490,000.

The trade counter investment property is arranged over ground and part first floors to provide a mid-terrace trade counter unit, while internally the property provides trade counter, office and warehouse accommodation.

PROP Ballymount

The property, which extends to approximately 965 sq. m, is currently let to Ray Shannon Designs (Dublin) Limited, with the lease due to expire in 2028.

Current rent for the unit is reserved at €60,000 per annum, and the lease to Ray Shannon Designs contains full repairing and insuring covenants.

EK484 REA McGee 161117

The unit is situated in Ballymount Industrial Estate, just off Ballymount Road Lower, and the property’s surrounding occupiers include Ideal Bathrooms and Tiles, TW Motors and The Forklift Centre.

In terms of transport links, the property is well served by transportation links including the R110 Long Mile Road providing access to the city centre, while the M50 motorway and N7 are situated immediately to the west.

Public transport links to the property are provided by several bus routes and the Luas Red Line.

The unit will go under the hammer at Bid X1’s online auction on November 10.