Unit 9C, Eastgate Avenue, Eastgate, Little Island, County Cork

€430,000

Beds
Price	€430,000
Property Type	Investment Property
Size	218.5 meters²
Energy Rating	BER-D1
Refreshed on	Oct 25, 2024
Eircode	T45 YN92
Group Name	Cohalan Downing
Sales License Number	001641

Description

High quality, modern, office suite in a superb location with parking. Shared services such as entrance lobby, WC’s, lifts, etc. The unit is located on the ground floor. Neighbouring occupiers within Building 9 include; Compliance & Risks, Advanced Laser Systems, Arachas and Dornan. Let to NOC Ltd on a 10 Year lease from May 2023, subject to a break in year 5 (May 2028) at an initial rent of €38,000 pa LOCATION Ideally located within the thriving Eastgate Business Park, which is situated on the N25 Waterford Road approx. 1.5 km east of the Dunkettle interchange connecting the Dublin M8 with the Waterford N25, and Cork’s South Ring Road network, providing immediate access to the Airport and Cork’s southern and western suburbs. Dominating the northern side of Little Island, Eastgate Business Park is widely recognised as one of Cork’s premier Business Parks, with occupiers in the immediate vicinity including Laya Healthcare, Eli Lilly, Gilead, ESB International, Pepsi, Arcadis DPS Group and PE Global. The Business Park has a range of services and amenities including a Spar convenience store, Bank of Ireland, Cafés, Gyms, Restaurants, and a Radissons Blu Hotel with leisure centre and conference facilities. There is a regular commuter rail service to the nearby Little Island railway station. DESCRIPTION/ ACCOMMODATION Unit 9C, forms part of a purpose built two storey office development. The building benefits from shared services such as entrance lobby, W.C’s, lifts, etc. 9C is located on the ground floor with security-controlled access. The office suite is well presented and extends to 2,350 sq ft (218 sqm) approx. to include a large reception, a spacious corporate style boardroom, a theatre style training/ conference room, an expansive open plan communal office area, and a series of private offices with ancillary facilities such as a staff canteen also provided. The finishes include raised access floors with carpet covering, suspended acoustic ceiling tiles, recessed LED lighting, and a new modern air conditioning system which was installed in early 2024. The suite is currently occupied by Nurse on Call (NOC Ltd) under a 10 year lease from May 2023 at an annual rent of €38,000 per annum, subject to a rent review at the end of year 5 (May 2028). The tenant has a break option at the expiry of year 5 (May 2028), subject to 6 months formal advanced notice. Nurse on Call (NOC Ltd) was established in 1981 and is Ireland's leading nursing agency and are approved suppliers to all HSE and HSE-funded hospitals and work-sites nationwide. NOC are also the largest supplier of nurses and carers to the Private Hospitals (they have the largest flexible work force available nationwide). NOC have a long history in Cork and relocated to their new modern home in 9C Eastgate Avenue in 2023 after decades operating from a premises on St Patricks Street in Cork City Centre.

BER Details

BER: D1

Description

BER Details

BER: D1