News Article

4/9/2009 - PARK WEST WAREHOUSE FOR SALE / TO LET
William Harvey & Co. is now offering Unit 4 Heaney Avenue, Park West Industrial Park for sale or alternatively to let on flexible lease terms.

The property is a detached modern warehouse extending to 2,070 sq m standing on a large corner site fronting Park West Road, the main internal carriageway. The facility benefits from excellent loading access with 3 dock levellers and 1 grade door. The internal eaves height is 7 metres. There is a low office content but this could be easily increased (subject to p.p.). The subject site and the two adjacent to it are very close to the main facilities buildings for Park West and the three combined conceivably have potential for far greater density development in the medium to long term.

There are a range of retail and staff facilities in the Park with excellent public transport and an on site Arrow Rail Station.

The asking price is €3.6 million (exclusive) and quoting rent is €230,000 per annum (exclusive).

The agent comments that the asking price compares favourably against higher prices for similar type facilities achieved within the Park in 2007 and 2008. They further comment that the position of the facility is excellent and the site area is generous.