Unit 6 Ard Oran, Oranmore Business Park, Co. Galway, H91 V5Y9
Unit 6 Ard Oran, Oranmore Business Park, Co. Galway, H91 V5Y9
Investment Highlights
- Single let to internationally renowned technology firm, Cisco Systems Internetworking (Ireland) Limited, on an FRI lease from 19 November 2007.
- Passing rent of €890,000 per annum increasing to €965,000 effective from November 2027.
- Unexpired term of 6.29 years to lease expiry.
- Extends to a measured gross internal floor area of 4,867.48 sq.m (52,393 sq.ft).
- Modern standalone office building with 136 car parking spaces.
- With a guide price of €8.5 million, the property offers a net initial yield of 9.52%, rising to 10.32% following a fixed rental uplift from November 2027 (assuming standard purchaser costs of 9.96%).
For Further information please contact:
Sarah Winters
T: +353 86 380 2033
Sam de Burca
T: +353 87 392 4469
Michele Jackson
T: +353 86 857 2700