90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC

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90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC
90/91 Furze Road
                             & 77 Furze Road
                             Sandyford, Dublin 18

For Sale by Private Treaty

Suburban
Investment Opportunity
(Tenant not affected)
90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC
90/91 Furze Road
                         & 77 Furze Road
                         Sandyford, Dublin 18

    Executive Summary
    •   Opportunity to acquire two industrial       •   Both properties are being offered
        buildings on Furze Road in a prime              for sale by Private Treaty and can be
        Sandyford location.                             purchased as individual Lots. Please
                                                        note that interested parties seeking to
    •   90/91 Furze Road is a detached facility         purchase both properties must provide       90/91 Furze Road
        of 22,762 sq ft and is fully let to the         a price for each individual asset.
        Commissioners of Public Works in
        Ireland (Dept of Agriculture) on a 35       •   An assignable measured survey has
        year FRI lease from 11 March 1986 at a          been carried out by Hollis on each
        passing rent of €147,270 pa.                    property and are available in the Data
                                                        Room.
    •   77 Furze Road is being sold with
        vacant possession and comprises             •   90/91 Furze Road is for sale seeking
        24,376 sq ft on a site of 1.2 acres. It         offers in excess of €2.5 million (subject
        provides an excellent opportunity for a         to contract).
        high-profile headquarters facility for an
        owner occupier. Asset management            •   77 Furze Road is for sale seeking offers
        opportunities for refurbishment or              in excess of €2.5 million (subject to
        redevelopment (subject to planning).            contract).

                                                                                                    77 Furze Road

                                                                             For Sale by Private Treaty | Suburban Investment Opportunity

2
90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC
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                      units occupied by industrial, warehouse and distribution

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                      uses. The main exception is the impressive Q House office                                                                                                                                                                                                   C
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                      building with 100,000 sq ft of office units immediately

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                      adjacent to 77 Furze Road.                                                                                                                                                                                                                                                                                                CA

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                      technology companies such as Facebook, Google, Microsoft
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                      and Salesforce. The area is also a hub for the motor industry                                                                                                                                                                                                                                                                                                                                                                RD
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                                                                                                                                                                                                                      90/91 FURZE ROAD                                                                                                77 FURZE ROAD
                      with brands such as Audi, Tesla and Land Rover occupying                                                                                                                                                                                                                                                                                                                                                                                                                                                              AD
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                      large retail and service facilities. Sandyford has many                                                                                                                                                                                                                                                                                                                                                                                                      BU                            LL
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                      advantages in terms of transport infrastructure including
                      the LUAS Green line and a good mix of residential and retail
                                                                                                                                                                                                                                                                                                                                                                                                                                                       OAD                          Vodafone
                      amenities which are significant pull factors for new business.                                                                                                                                                                                                                                                                                                                                                              N R
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                                                                                                                                                                                                                                                                                M50                                                                                                                PAR                                             Clayton Hotel
                      Furze Road is located a short distance from Junction 14                                                                                                                                         Junction 14
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                      on the M50 providing easy access to the main motorway                                                                                                                                                                                                                                                                                                                                                                                      AIB          Central Park
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Microsoft
                      network.

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90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC
90/91
                     Furze Road

    Description
    •   90/91 Furze Road is a detached self-contained
        industrial facility which is fully let to the OPW
        on a 35 year FRI lease from 11 March 1986.

    •   The current rent is €147,270 pa with lease
        expiry in April 2021.

    •   The building contains two storey offices to
        the front and large warehouse space which
        is principally used for the storage of State
        records.

    •   The site area is 1.3 acres and there is ample
        circulation space around the building.

    •   Clear eaves height of 5.98m.

4
90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC
Accommodation
 Floor                                                                                                                      GEA sq m         GEA sq ft                                                                                                                                                                     90/91
 Ground Floor Warehouse
 Office
                                                                                                                             1,589
                                                                                                                              214
                                                                                                                                              17,106
                                                                                                                                              2,308
                                                                                                                                                                                                                                                                                                                Furze Road is an
 Cover Loading Bay                                                                                                             71                 763                                                                                                                                                          industrial facility
 First Floor Office                                                                                                           240                 2,585
 Total GEA                                                                                                                   2,114            22,762                                                                                                                                                              of 22,762 sq ft
 Sub-station                                                                                                                  24                  259
 Site Area                                                                                                                           1.30 acres

                                                  Address:

                                                      90/91 Furze Road, Sandyford
                                                      Industrial Estate, Dublin D18 CK84
  115 Lower Baggot Street

Car Parking                                                                                                                                                              Floor Plans
  Dublin                                          Note:

  D02 FN88                                        Job Ref: 81729
                                                  Scale 1:1000
  T +353 (0) 1 447 5130                           Please Note:
  F +353 (0) 1 640 1886                           The User understands the survey provided is only as good as its source
                                                  data. No guarantee can be taken that all features were surveyed on site

  W hollisglobal.com                              at the time of survey. Even though due care and attention was observed
                                                  onsite some features may have been obstructed. The accuracy of the
                                                  drawing is limited to that of the original map scale.
 Ordnance Survey Ireland Licence No. EN 0081219

                                                                                                                                                                                                                                                                                                                    Store

15 car spaces (approx.).
                                                                                                                                                                                                                                                                                Sub Station
                                                                                                                                                                                                               WC                             Reception                         No Access                                                                 Store
                                                                                                                                                                                                                                                                                                                             Office              Office
                                                                                                                                                                                                                       Office                                     Kitchen                                                    209 sq m
                                                                                                                                                                                                                                                                                                                            2,259 sq m
                                                                                                                                                                                                            Shower   181.0 sq m                                             Plant                                   Store
                                                                                                                                                                                                                     1,948 sq ft
                                                                                                                                                                                                                                                                                                                                         WC WC            Boiler

                                                                                                                                                                                                                                                                                        Stairs
                                                                                                                                                                                                                                                                   Store

                                                                                                                                                                                        Warehouse

                                                                                                                                                                                                    Store

Lease Details
                                                                                                                                                                                                                                                                                                 No Access
                                                                                                                                                                                                                                                                                                  Office
                                                                                                                                                                          Office                                                                                                                  30.3 sq m
                                                                                                                                                                         33.4 sq m                                                                                                                326 sq ft
                                                                                                                                                                         360 sq ft

                                                                                                                                                                                                                                      Warehouse
                                                                                                                                                             Covered                                Store
                                                                                                                                                                                                                                         1589.2 sq m
                                                                                                                                                           Loading Bay
                                                                                                                                                                                                                                          1,7106 sq ft
                                                                                                                                                                         Shutter Door
                                                                                                                                                                                                                                   Clear Internal Height: 5.98m

A copy of the Lease and associated legal
                                                                                                                                                                          Wt: 3.32m
                                                                                                                                                                          Ht: 4.00m

documents are available in the Data Room.

                                                                                                                                                          Not to scale / For indicative purposes only                                                Ground Floor                                First Floor
                                                                                                                                                                                                                                                                                                                                                                   5
90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC
77
                     Furze Road

    Description
    •   77 Furze Road is a detached industrial
        building comprising 24,376 sq ft with
        parking for 45 cars and rear yard space.

    •   It is being sold with vacant possession and
        provides an excellent opportunity for an
        owner occupier or developer to refurbish
        the space to modern standards.

    •   It also provides potential for redevelopment
        for an alternative use, subject to planning
        permission.

    •   The site area is 1.2 acres.

    •   Clear internal eaves height 6.0m.

6
90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC
Accommodation                                                                                                                                                                                      Floor Plans                                                     Shutter Door
                                                                                                                                                                                                                                                                    Wt: 3.91m
                                                                                                                                                                                                                                                                    Ht: 5.60m

Floor                    GEA sq m              GEA sq ft
                                                                                                                                                                                                                        Office
                                                                                                                                                                                                                      159.5 sq m

Ground Floor Warehouse    1,235                     13,289                                                                                                                                                             1717 sq ft

                                                                                                                                                                                                         Porch
                                                                                                                                                                                                                                                                Warehouse

                                                                                                                                                                                                                            Hall
                                                                                                                                                                                                                                                            Clear Internal Height: 6.01
                                                                                                                                                                                                                                                                                                                                                           Ground Floor
Office                     442                        4,752                                                                                                                                                                                                 Shutter Door                     Shutter Door
                                                                                                                                                                                                                                   WC                        Wt: 2.02m

                                                                                                                                                                                                                                                                                                            Fire Exit
                                                                                                                                                                                                                                                                                              Wt: 2.27m
                                                                                                                                                                                                                                                             Ht: 2.38m                        Ht: 2.34m

First Floor Office         474                        5,099
                                                                                                                                                                                                         Office
                                                                                                                                                                                                                                        WC                                                                  Shutter Door
                                                                                                                                                                                                                                                                                                             Wt: 2.66m

Mezzanine                  115                        1,236
                                                                                                                                                                                                                                                                               Store
                                                                                                                                                                                                                                                                                                             Ht: 2.37m

                                                                                                                                                                                                                       Reception

                                                                                                                                                                                                         Porch
                                                                                                                                                                                                                                                                                                                                                          Warehouse
Total GEA                 2,266                    24,376                                Address:

                                                                                             77 Furze Road, Sandyford Industrial                                                          Shutter Door
                                                                                                                                                                                                                                         Stairs
                                                                                                                                                                                                                                                                                                                                                             1234.6 sq m
                                                                                                                                                                                                                                                                                                                                                              13289 sq ft

                                                                                             Estate, Dublin D18 C3X5                                                                       Wt: 3.98m
                                                                                                                                                                                                                                        Warehouse                       Shutter Door                                                                  Clear Internal Height: 6.01
                                         115 Lower Baggot Street                                                                                                                           Ht: 5.74m
Site Area                         1.20 acres
                                                                                                                                                                                                                                                                         Wt: 1.53m
                                         Dublin                                          Note:                                                                                                                                                                           Ht: 2.41m
                                         D02 FN88                                        Job Ref: 81729
                                                                                         Scale 1:1000
                                                                                                                                                                                          Shutter Door
                                         T +353 (0) 1 447 5130                           Please Note:
                                                                                                                                                                                           Wt: 3.92m                                                                                                        Shutter Door                                                                       Shutter Door
                                         F +353 (0) 1 640 1886                           The User understands the survey provided is only as good as its source
                                                                                                                                                                                                                                                                                                             Wt: 2.66m                                                                          Wt: 4.22m
                                         W hollisglobal.com
                                                                                         data. No guarantee can be taken that all features were surveyed on site
                                                                                         at the time of survey. Even though due care and attention was observed                            Ht: 5.74m                                                                                                         Ht: 2.37m                                                                          Ht: 5.60m
                                                                                         onsite some features may have been obstructed. The accuracy of the
                                                                                         drawing is limited to that of the original map scale.
                                        Ordnance Survey Ireland Licence No. EN 0081219
                                                                                                                                                                                                                                                                                                                                                         Stairs             WC
                                                                                                                                                                                                                                                                                                                                                                                     Walkway
                                                                                                                                                                                                                                                   Office

                                                                                                                                                                                                         Porch
                                                                                                                                                                                                                        Office
                                                                                                                                                                                                                       112.9 sq m                                            Warehouse
                                                                                                                                                                                                                       1215 sq ft                                        Clear Internal Height: 6.03                                                                                                 Office
                                                                                                                                                                                                                                                   Hall

                                                                                                                                                                   77 Furze Road is an
                                                                                                                                                                                                                                             WC                                                                                              Office
                                                                                                                                                                                                                                                                                                                                       169.1 sq m
                                                                                                                                                                                                                              Office              Office                                                                                1820 sq ft                          Office       Office      Office
                                                                                                                                                                                                                                                                                                                                                         Porch

                                                                                                                                                                    industrial building                              Office

                                                                                                                                                                        of 24,376 sq ft                              Office
                                                                                                                                                                                                                 169.3 sq m
                                                                                                                                                                                                                  1,822 sq ft

                                                                                                                                                                                                                                                                                                                                                                       First Floor
                                                                                                                                                                                                                               Store

                                                                                                                                                                                                                                        Kitchen
                                                                                                                                                                                                                     Office

                                                                                                                                                                                                                     Office

                                                                                                                                                                                                                                                                   Tenant
                                                                                                                                                                                                                                                                  Mezzanine

                                                                                                                                                                                                           Walkway
                                                                                                                                                                                                                     Mezzanine                                                                                              Mezzanine
                                                                                                                                                                                                                       25.1 sq m                                                                                                89.7 sq m
                                                                                                                                                                                                                       270 sq ft                                                                                                 966 sq ft

                                                                                                                                                                                                                                                  Office                                                                                                 Stairs
                                                                                                                                                                                                                        Office

                                                                                                                                                                                                                     Hall                                                                                                                                 Office
                                                                                                                                                                                                                                                                                                                        Store                           188.8 sq m
                                                                                                                                                                                                                     Office                                                                                                                             2,032 sq ft
                                                                                                                                                                                                                 115.7 sq m
                                                                                                                                                                                                                 1,245 sq ft            Kitchen   Office
                                                                                                                                                                                                                                                                               Walkway

                                                                                                                                                                                                     Not to scale / For indicative purposes only

                                                                                                                                                                                                   Car Parking
                                                                                                                                                                                                   45 car parking spaces.

                                                                                                                                                                                                                                                                                                                                                                                                              7
90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC
90/91 Furze Road
                                    & 77 Furze Road
                                    Sandyford, Dublin 18

Property Details                                                                                             Data Room
                                                                                                             A full suite of documentation including lease and draft
Title                                                                                                        sales contract is available in the Data Room with access
We understand that title to both properties is long                                                          available on dedicated website;
leasehold (221 years unexpired for 77 Furze Road and 217
years unexpired for 90/91 Furze Road).                                                                       www.furzeroadassetsale2019.com

Zoning                                                                                                       Guide Price
Both sites are located in Zone 4 in the DLRCC County                                                         Lot 1 - 90/91 Furze Road is for sale by private treaty
Development Plan 2016-2022 which includes traditional                                                        seeking offers in excess of €2.5 million, excluding VAT.
low density, low rise Warehouse / Light Industrial use.
                                                                                                             Lot 2 - 77 Furze Road is for sale by private treaty seeking
                                                                                                             offers in excess of €2.5 million, excluding VAT.

BER
90/91 Furze Road: G
77 Furze Road: E1
                                                                                                             Viewings
                                                                                                             Strictly by appointment with the sole selling agents HWBC.

Solicitors
                                                                                                             Paul Scannell                                          Emma Murphy
William Fry, 2 Grand Canal Square, Dublin 2.                                                                 Director                                               Divisional Director
Solicitor: Ms. Elaine Lynch                                                                                  T: +353 1 77 50 527                                    T: +353 1 77 50 519
elaine.lynch@williamfry.com                                                                                  pscannell@hwbc.ie                                      emurphy@hwbc.ie                         80 Harcourt Street, Dublin 2

Disclaimer: Messrs. HWBC Limited t/a HWBC and for the vendors or lessors of this property whose Agents they are, give notice that:- (i) The particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not
constitute part of an offer or contract. (ii) All description, dimensions, references to condition and necessary permission for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or
tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them, (iii) No person in the employment of HWBC Limited t/a HWBC has any authority
to make or give any representation or warranty whatever in relation to this property. October 2019. PSRA LICENCE NUMBER: 002098. Designed and produced by Creativeworld Tel: +353 1 447 0553.
90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC 90/91 Furze Road & 77 Furze Road - Sandyford, Dublin 18 Suburban Investment Opportunity - HWBC
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