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Penthouse Office, Block 2 Ballybrit Business Park, Ballybrit, Co. Galway

Price
€785,000

Type
Office

Status
For Sale

Size
399 sq.m.

Description

- Penthouse Office Unit at Ballybrit Business Park - FOR SALE
- Open-plan fully fitted office space extending to c. 399.5sqm (4,300sqft)
- Stairs and lift access with private and communal WCs
- The unit is completed to modern cosmetic standards with raised access flooring, suspended ceilings, Cat 5 cabling, air-conditioning ventilation and double-glazed windows surrounding the entire unit creating a bright, open workplace.
- Internally the unit comprises several individual offices and board rooms along with a fully fitted canteen.
- Surface onsite carparking for 15no. cars immediately adjacent to the block
- Tenants not affected
- Current lease: 10 years from 1st March 2018 with 5 year rent reviews and break clause at end of year 5
- Rent: Current passing rent 68,800 per annum representing a generous gross yield of 8.77% per annum based on the quoted asking price.
The property is located in Ballybrit Business Park which is positioned in the main employment hub of Galway City and is just off Bothar na dTreabhdh and within minutes of the M6 motorway.
The subject unit comprises the entire penthouse floor of a 3-storey purpose built office building.

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