4/2/2008 - 48 & 49 GRANGE AVENUE, BALDOYLE INDUSTRIAL ESTATE

William Harvey & Co. has been instructed to offer Units 48 & 49 Grange Avenue, Baldoyle Industrial Estate for sale by private treaty.

The property is situated in a high profile position on Grange Avenue adjacent to the entrance to Baldoyle Industrial Estate. The buildings are u shaped, extending to 2,445 sq m, and stand on a site of 0.42 ha / 1.03 acres. There is frontage to Grange Avenue of just over 72 metres. The clear internal height ranges from 4.7 metres to 8.1 metres in the centre. Loading access is via three ground level roller shutter doors.

The buildings were constructed in two phases with a connecting link block and therefore are suitable for sub-division (Subject to P.P.). They are held under two separate ground leases from Dublin City Council for the term of 99 years from 1974 subject to current ground rents totalling €12,500 per annum.

There are no properties of a similar size for sale in the estate and the property is likely to be of interest to owner occupiers, investors and developers with future development in mind. Baldoyle Industrial Estate is Zoned ‘ST’, which is “to facilitate opportunities for science and technology based employment” in the Fingal Development Plan 2005 – 2011. The character of the surrounding area has transformed in recent years and access will be further enhanced with three DART stations nearby once the Clongriffen DART Station opens – the others are Howth Junction and Bayside.

The asking price is €4,400,000 (exclusive).