FACILITIES BUILDING - For Sale By Private Treaty (Tenants not affected) - Amazon S3
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I n ve s t m e n t / Dev el op ment Opportuni ty
ATRIUM FA C I L I T I E S B U I L D I N G
For Sale By Private Treaty
(Tenants not affected)
Sandyford Business Park,
Dublin 18
STILLORGAN
INDUSTRIAL PARK
BL
AC
KT
HO
RN
AV
E
STILLORGAN
STATION
CA
RM ATRIUM
AN
HA
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RD
SANDYFORD
INDUSTRIAL ESTATE
SANDYFORD
STATION
BU
RT
ON
HA
LL
N31
CENTRAL PARK
STATION
M50
LEOPARDSTOWN
HEIGHTS
Notable occupiers in
the vicinity include :
»» Microsoft
LO C ATI O N »» Mars Ireland
» Income producing Retail Investment with further
The subject property is located on Carmanhall Road between its junctions with Blackthorn
»» Dun & Bradstreet
I nvestment Development potential (s.p.p)
» Let to Londis, Café ToGo and Bank of Ireland (ATM)
Road and Arkle Road, which is approximately 10km south of Dublin City Centre.
»» Service Source
Su mm ary » Contracted rent of €193,401 per annum exclusive
» Site area 0.16 Hectares (0.395 Acres)
Sandyford Business Park is served by the Green LUAS line which is situated 200 metres
from the Atrium Facilities Building providing a regular service into St. Stephens Green. »» Chill Insurance
» Existing building extends to 361.86 sq m (3,895 sq ft) The property is also serviced by the M50 motorway, N11 dual carriageway and a number »» Regus
of bus routes providing links to the City and other surrounding areas.
D ESCR IP TIO N S C H E D U LE OF
AC C OM M OD AT I ON
The subject property comprises a stand-alone single storey
commercial premises known as the ‘Atrium Facilities We understand that the accommodation and approximate net
Building’ and potential development sites on each gable internal floor areas are as follows:
end of the building. We understand the property extends
THE FACILITIES BUILDING
to a total site area of 0.395 acres.
UNIT LEVEL SQ M SQ FT
The Atrium Facilities Building extends to a total net
internal ground floor area of 255.20 sq m (2,747 sq ft)
Ground 167.88 1,807
and is sub divided into two retail units comprising a Unit 1/2
Convenience Store t/a Londis and a Coffee Shop t/a Café Basement 98.10 1,056
ToGo, in addition to an ATM facility operated by Bank of
Ireland. Sub Total 265.98 2,863
A common bin store serves all the units and the Unit 3 Ground 81.10 873
convenience store demise includes a basement of
ATM Ground 6.22 67
98.10 sq m (1,056 sq ft) accessed internally and from the
car park of the adjoining office block. Bin Store Ground 8.55 92
There are a number of metered Local Authority owned on- Sub Total 95.87 1,032
street customer parking spaces immediately to the front of
the property. TOTAL 361.86 3,895
Purchasers are specifically advised to independently verify floor areas and to undertake
their own due diligence.
TE NANC Y
The property is currently let as follows:
Commencement Total Rent Contracted* Rent
Demise Tenant Lease Term Break Expiry Date
Date € p.a. € p.a.
Kram Supermarkets
Unit 1/2 20 years 01/01/2002 N/A 31/12/2021 €95,000 €123,165
Ltd t/a Londis
Development Services &
Unit 3 20 years 01/01/2002 N/A 31/12/2021 €60,000 €68,326
Logistics Ltd t/a Café ToGo
Rolling break 30/10/2026
ATM Bank of Ireland** 25 years 31/10/2001 option every €2,000 €2,000
6 months
TOTAL €140,499 €193,491
* There are temporary rent abatements in place for Units 1 & 2 which are due to expire on 31st December 2016,
rising to total contracted rent of €193,491 per annum exclusive.
** The lessor has the ability to resite the ATM machine
COUNTY DEVELOPMENT PLAN
2016-2022
Title Zone 1 : Mixed Core Area -Inner Core
The title
Zoneis2 held long
: Mixed Useleasehold beingCore
Core Area -Outer a term of 250 years from 1st January 1992 (225 years
unexpired) and is registered at Land Registry under Folio DN86694L.
Zone 3 : Officed based Employment Uses
112 The freeholder is Industrial/Warehousing
Zone 4 : Light Dun Laoghaire Rathdown County Council.
The property is shown outlined in green on the attached map and we understand includes:
Zone 5: Residential
» The portion of the car park basement underneath the retail units;
Zone 6 : Medical/Hospital Uses
114
» The
Zonepodium
7 : Openupon
Space which the units stand; and
121
109 121 » The airspace above the units.
Protected Structure
To protect and/or provide for Institutional
121 INST Use in open lands
119
6 Year Road Proposal
Long Term Road Proposal
121
A 113
Long Term Strategic Road Proposal
To protect and preserve Trees
and Woodlands
116
121 Boundary of Specific Local Objective
Urban Framework Plan Boundary
120
121
A C Sustainable Neighbourhood
117
B 121 109 123
See Appendix 2 of Sandyford Urban
Framework Plan Document for
Proposed Specific Local Objectives
121
111
110
C 0 50 100 200 300
This map is for illustration purposes only
Metres
400 500
112 123
Includes Ordnance Survey Ireland data reproduced under OSi Licence
number 2013-2015/CCMA/Dun Laoghaire-Rathdown County Council.
115 Unauthorised reproduction infringes Ordnance Survey Ireland
P O T E N T I AL
and Government of Ireland copyright.
© - Ordnance Survey Ireland, 2016
Planning and D E V E L O P M E N T O PPOR T U NIT Y
Organisational Innovation
M Henchy
Director of Services
MAP No. 1
LAND USE Z0NING
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Senior Planner: D. Irvine Chief Technician : M. Hevehan AV
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Prepared By: C. Clarke Drawn By: A. Ayeni
Date: Scale: Drawing No:
D
1:8000
March 2016 PL-16-038
E R
T O WN
PRINT ON A3 PAPER
KL
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55
ATRIUM
P LAN NING Zone 1: Mixed Core Area-Inner Core
Zone 2: Mixed Core Area-Outer Core
Protected Structure
To protect and/or provide for Institutional
Use in open lands
To Protect and preserve trees and
Woodlands
Boundary of Specific Local Objective
CA
RM
AN
HA
LL
POTENTIAL
DEVELOPMENT
FACILITY
BUILDING
Zone 3: Officed based Employment Uses RD
Under the Sandyford Urban Framework Plan 2016-2022, the property is 6 Year Road Proposal Urban Framework Plan Boundary
Zoned 2: Mixed Use Outer Core (MOC). Uses Permitted in Principle include Zone 4: Light Industrial/Warehousing
Long Term Road Proposal Sustainable Neighborhood
Local Shop, Shop-Specialist, Tea Room/Café, Restaurant, Public House, Leisure Zone 5: Residential POTENTIAL
Long Term Strategic Road Proposal
Facility, Off License, Offices, Nightclub, etc.
DEVELOPMENT
Zone 6: Medical/Hospital Uses
Zone 7: Open Space
The above plan allows for development of up to 7 storeys and a plot ratio 1:1.
Atr iu m
f acili t i es
buildi ng
INVESTMENT
Guiding excess of €2,750,000 (subject to contract) for the subject
Investment which equates to a net initial yield of 6.74% based on
the contracted rent and allowing for standard purchaser’s costs of
4.46% whilst excluding development potential.
VAT
To be confirmed.
B ER DETAILS
BER Rating:
BER Number: 800512196
Energy Performance Indicator: 753.59 kWh/m²/yr 1.1
SOLICITORS FURTHER DETAILS/ARRANGE VIEWING
William Fry Solicitors To arrange a viewing or for further information, please contact the BNP
2 Grand Canal Square Paribas Real Estate Investment or Development Land Departments:
Dublin 2, D02 A342
Danielle Rocca Devine Mark Forrest
Andrew Muckian Investment Development Land
Tel: +353 1 639 5322 danielle.roccadevine@bnpparibas.com mark.forrest@bnpparibas.com
andrew.muckian@williamfry.com
20 Merrion Road, Ballsbridge, Dublin 4, D04 C9E2
Tel: +353 1 661 1233
PSRA No: 002702
Disclaimer: BNP Paribas Real Estate gives notice that these particulars are set out for general outline only, for the guidance of intending Purchasers and do not constitute, nor constitute
part of an offer or contract. All descriptions, dimensions, references to condition and other details are given without responsibility and any intending Purchasers should not rely on them as
statements or representations of fact, but must satisfy themselves or otherwise as to the correctness of each of them. All floor areas are approximate.
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