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Hainault House, Belgard Road, Tallaght, Dublin 24, D24 RFV0
C
Commercial Property for Sale at auction, on 28/09/2016 Lot No. 29
Rental Income See Desc
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Property Details
Supporting Documents
Addendum Show Details +
A stand alone office investment.
Arranged over ground and two upper floors.
Extending to approximately 1,523 sq. m (16,390 sq. ft).
Subject to 2 x tenancies.
First floor vacant.
Close proximity to The Square Shopping Centre, Tallaght Hospital, and IIT Dublin.
Tenure Long Leasehold. The property is held under a 250 year lease from 1994.
Location
  • Tallaght is the largest town in South County Dublin with a population of approximately 71,000 people (as of the 2011 Census).
  • The town is situated approximately 22km west of Dublin and approximately 10.5km east of Rathcoole.
  • Transport links in the area include the M50 Motorway and the N81 immediately to the east and the N7 to the north. Public transport is facilitated by the Luas Red Line and a number of bus routes.
  • The property is situated to the east of Belgard Square and west of Belgard Road adjacent to The Square Tallaght.
  • Surrounding occupiers include The Square Tallaght, and McDonalds.
Description The property is arranged over ground and two uppers to provide a detached "L" shaped office building. Internally the property comprises predominantly open plan offices together with several meeting and break out rooms. A triple height atrium and reception area is provided to the front of the property.
Accommodation The property benefits from the following specification;
  • Raised access floors with floor boxes wired for power and data
  • Suspended ceilings incorporating Cat II lighting
  • On site car parking
  • 8 person lift
  • Air conditioning cassette units (part only)
VAT VAT Not Applicable.
Current Rent Total Current Rent Reserved €147,090 per annum with vacant possession of approximately 518 sq. m (5,575 sq. ft)
RESERVE RANGE €1,700,000 - €1,900,000
BER: C2
BER No: 800098477
Energy Performance Indicator: 394.82 kWh/m²/yr

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Allsop Contact Details

Richard O'Neill

Phone

+353 (0)1 667 3388

Email

richard.oneill@allsopireland.ie

Solicitor Contact Details

Domhnaill Small

Messrs Beauchamps Solicitors (Ref: Mr D Small). Tel: +353 (0)1 418 0600.

d.small@beauchamps.ie

Accommodation & Tenancies
No Present Lessee Accommodation Sq.m (Sq.Ft) Lease Terms Current Rent € p.a.
Total 1522.71 sq. m (16,390 sq. ft) €147,090 p.a.
1 Early Childhood Ireland Ground Floor Offices 134.71 sq. m (1,450 sq. ft) 10 years from 15.02.2012
IRI terms
Rent review year 5
Breaks year 3 & 7
€12,075 p.a.
2 Comhairle Ground Floor Offices 352 sq. m (3,790 sq. ft) 25 years from 29.03.1994
IRI terms
€89,495 p.a.
3 Vacant 1st Floor Offices 518 sq. m (5,575 sq. ft) - -
4 Early Childhood Ireland 2nd Floor Offices 518 sq. m (5,575 sq. ft) 10 years from 15.02.2012
IRI terms
Rent review year 5
Break year 7
€45,520 p.a.

No “information” (which hereinafter is defined as including a statement, description, quantity or measurement) given orally or contained in any “advertisement” (which hereinafter is defined as including anything contained in any brochure, catalogue, email, letter, report, docket or hand out issued by Allsop, or an agent acting on behalf of Allsop, whether on the internet or not), in respect of the Lot shall constitute a representation inducing the purchaser to enter into the sale or a condition or warranty forming part of the Conditions of Sale. Any information given orally or contained in any such advertisement is for illustration purposes only and is not to be taken as a matter of fact and any mistake, omission, inaccuracy or mis-description given orally or in the form of any advertisement shall not give rise to any right of action, claim, entitlement or compensation against Allsop. Prospective buyers are strongly advised to read the Auctioneers’ Notices Part One and Part Two and all applicable conditions of sale and agenda.

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