Superb light industrial and office investment opportunity situated off Cork's North Ring Road

 

Summary

  • High quality business park comprising of 35 warehouse, lockup and office units.
  • Fully occupied with current gross rental income of €232,000 per annum.
  • Park has benefitted from extensive investment and improvements in recent years.
  • Tarmacadam and Ashphalt surface internal roads.
  • Ideal location off the North Ring Road just 1.5km North of Cork city centre.
  • Excellent rental growth potential.
  • BER Ratings from A to G with some units certified exempt

Location

Ballyvolane Commercial Park is situated just off the North Ring Road and is situated 500 meters west of the Ballyvolane Shopping Centre and 1 km east of Blackpoo Shopping Centre. The city centre is approximately 1.5km south.

Get directions from Google Maps

Further Information

Rates Payable Upon Enquiry

BER Rating This property has been set as EPC exempt.
Reason: Industrial sites, workshops and non-residential agricultural buildings with low energy demand


Description

Lisney are proud to offer this high quality business park investment opportunity to the market. The Park comprises 35 units with a combined floor area of circa 2261 sqm situated on a site of circa 0.75 Hectares. The property offers a high yield investment with a historically high rate of occupancy. The park benefits from a central and easily accessible location just off the North Ring Road and within easy reach of the city centre. The park has benefitted from extensive investment in recent years with new units constructed on the Northern side of the site and extensive improvements undertaken throughout. Ellis House comprises an office building with 9 separate units and is in excellent condition with an A Energy Rating.

Units Summary:
Unit Number Floor Area (m²)
UNIT 1 128.8
UNIT 2 92.6
UNIT 3 105.0
UNIT 4 28.8
UNIT 5 46.8
UNIT 6 119.60
UNIT 7 88.50
UNIT 8 88.2
UNIT 9 87
UNIT 10 89.3
UNIT 11 95.3
UNIT 12 44.5
UNIT 12A 50.1
UNIT 13 91.7
UNIT 14 91.5
UNIT 15 134.5
UNIT 16 108.3
UNIT 17 80.6
UNIT 18 88.3
UNIT 19 95.25
UNIT 20 95.8
UNIT 21 103.5
Prefab 20
Ellis House 277 (9 Units)
Prefab 30
Total 2261 sq.m