Sunday February 23, 2020

Nine industrial units in Sandyford for sale

Knight Frank is handling the sale of a portfolio of income-producing industrial units on Heather Road in Sandyford Industrial Estate in Dublin, which should draw strong interest from investors.

22nd July, 2015
2
Heather Road, one of nine industrial units for sale in Sandyford

The nine units are all let and produce an annual income of €231,510 from nine tenants. Knight Frank is seeking offers in excess of €2.6 million for the entire portfolio, which presents an attractive net initial return of about 8.5 per cent when standards acquisitions cost of 4.46 per cent are accounted for.

There is a Weighted Average Unexpired Lease Term (Wault) of ten years across the portfolio.

Prospective purchasers will also be given the opportunity to...

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