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 For Sale by Private Treaty Suburban Investment Opportunity (Tenant not affected)
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
M2 M1 2 Swords Malahide 2 DUBLIN N2 AIRPORT Portmarnock 1 4 onee 4 3 M50 5 N32 Coolock Santry 2 3 Finglas 2 Beaumont N3 Howth 6 N2 M50 Clontarf Zoning Drumcondra M50 Castleknock N3 N1 N2 3 7 Lucan 2 1 N4 Chapelizod Both sites are located in N4 N4 N1 DUBLIN Ballyfermot Zone 4 in the DLRCC County N81 Ballsbridge Development Plan 2016-2022 ALLE Clondalkin Crumlin Ranelagh N11 which includes traditional low N P COO 1 Donnybrook LN density, AR low rise Warehouse / Light M RSHA M CO UR T EV 6 K AU R R82 9 N Industrial use. OA N7 Walkinstown Terenure D 10 N81 Clonskeagh 2 Belgard M50 N31 3 Blackrock Dun Tallaght 11 Templeogue Dundrum N11 Laoghaire Stillorgan STIL Saggart N81 Ratfarnham KIL MA E RO A D CUD RD V IL L 12 SANDYFORD N31 UPP ER MER A’S ROAD LO 13 14 LA M50 RG KE Leopardstown N11 LA ND S A AN Carrickmines V E 15 RO BE AEL Stepaside NI LA ST Cherrywood LD KE AD LA STILL IL US ND ORGA LO E N WO PH Location 16 AV S C R NU OD G L M11 E OS A N VE E RA 17 H EA N11 E A TH TRE ST D OAK OA Both buildings are located on Furze Road within the Y R 5 BL VE Sandyford Business District with the majority of adjacent M50 AC RI VE KT D ER Aldi Stillorgan CE A H RN DRU OR ST units occupied by industrial, warehouse and distribution O EW N IL TH SPRU K AV LO uses. The main exception is the impressive Q House office C E BR LA RD MM B Dunnes Stores RG SS AN building with 100,000 sq ft of office units immediately O AR YM LL K Sandyford PA R TI adjacent to 77 Furze Road. CA BA SANDYFORD RM N AN L EO PA RD S TOW N N31 HA Google LIN LL RO AD Facebook Sandyford is generally considered the premier business The Beacon Hotel K TH RO RE location with over 1,000 companies in the Sandyford/ BL E RO M O R EE CK AD RD AC RO Leopardstown area and is the location of choice for big KT HO AD BU N RN RT KE RO ON technology companies such as Facebook, Google, Microsoft N AV E AC AD HA LL BR AD and Salesforce. The area is also a hub for the motor industry RD FURZE RO 90/91 FURZE ROAD 77 FURZE ROAD with brands such as Audi, Tesla and Land Rover occupying AD Burton Hall Rd RO large retail and service facilities. Sandyford has many BU LL H E AT H E R R D RTON HA 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 DS TOW M50 PAR Clayton Hotel Furze Road is located a short distance from Junction 14 Junction 14 LEO on the M50 providing easy access to the main motorway AIB Central Park Microsoft network. 3
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
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
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
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 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.
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