2050 FOR SALE ORCHARD AVENUE
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FOR SALE
2050
ORCHARD AVENUE
CITYWEST BUSINESS CAMPUS, DUBLIN 24
(TENANTS NOT AFFECTED)
HIGH YIELDING OFFICE / INDUSTRIAL INVESTMENT OPPORTUNITY
• Nine modern office / industrial units • Passing rent - €731,175 per annum
• Extends to approx. 44,306 sq ft, • Located in the heart of Citywest
across two blocks with 102 car Business Campus
parking spaces
• WAULT of approx. 4 years
KEY FEATURES
CAR PARKING PUBLIC TRANSPORT TRANSPORT
SPACES – 102 (LUAS/DUBLIN BUS) LINKS
WAREHOUSE – 7M FULLY EXCELLENT
EAVES HEIGHT LET TENANT FIT-OUT
LOCATION
Citywest Business Campus is a world class managed Business
Campus conveniently located adjacent to the N7 motorway. Just 4km’s
south west of the M50 motorway providing direct access to Dublin
International Airport, the Port Tunnel and all arterial routes leading
from the city centre.
CITYWEST BUSINESS CAMPUS
Citywest Business Campus is home to a number of world leading
occupiers and boasts all the amenities required of a world class
business location. The campus remains the location of choice of
some of the top global companies in Pharmaceuticals, IT/Software,
Telecomms, Electronics, Media and Food.
The strength of Citywest as an office location is underpinned by the
low vacancy rates, traditionally below that of other suburban locations.
Industrial vacancy rates within the campus are essentially zero.
CITYWEST BUSINESS CAMPUS OCCUPIERS
CITYWEST BUSINESS CAMPUS AMENITIES
CITYWEST SHOPPING CENTRE LINKS CHILDCARE CAFÉ
– 10 MINUTE WALK – 15 MINUTE WALK – 15 MINUTE WALK
ENERGIE 22 KW DUAL MULTIPLE CITYWEST CAMPUS COMMUNITY EVENTS
FITNESS CAR CHARGER WALKNG ROUTES – INCLUDING FAMILY FUN RUN, CAMPUS
BBQ, COOKING DEMONSTRATIONS
DESCRIPTION TRANSPORT
2050 Orchard Avenue comprises nine modern office / light Numerous Dublin Bus routes including the (77A, 65B & 69)
industrial units. The warehouse is of single span steel portal service the campus from the city centre every 15 minutes. The
frame construction with insulated metal deck clad roof Red Line LUAS is just a short walk from the subject property
incorporating translucent lighting. The eaves height is approx. which provides direct access to Heuston Station and Connolly
7m and access is via automated roller shutter doors. Station in the city centre. Here it connects with the Green Line
The offices are over two storeys and the specification includes LUAS and the DART providing access to the south suburbs and
carpeted floors, perimeter trunking, electric storage heating all mainline train lines.
and suspended ceilings with recessed fluorescent lighting. All Citywest also operates a private express bus service to the city
units are fitted with a tea station and toilet facilities. centre, suburban areas and to the LUAS at peak times. The
In addition, all tenants have carried out extensive fit-outs, thus M50, Dublin’s Orbital motorway, is located approx. 4 km’s from
underpinning their commitment to 2050 Orchard Avenue. Citywest which allows quick and easy access to Dublin airport.
DUBLIN
DRIVE TIMES AIRPORT
from 2050 Orchard Avenue N2 J3
J5 N32
Coolock
Dublin Airport
Beaumont
25 minutes
J6
BLANCHARDSTOWN
N3
Dublin Port N1
LUCAN
27 minutes J7
Lucan N4 Chapelizod PORT TUNNEL
Heuston
Station CITY CENTRE
M50 Motorway
(Junction 9) BALLSBRIDGE
7 minutes RATHMINES
2050
Crumlin
Clondalkin
N81
J9
ORCHARD AVENUE BALLYMOUNT
Milltown
City Centre Greenogue N7 TERENURE Clonskeagh
N11
25 minutes Business Park
Tallaght
Churchtown
RATHFARHHAM
Templeogue
D
Tallaght
Citywest
Saggart N82
SANDYFORD N31
Leopardsto
TENANT DETAILS
eu Networks is a European provider of bandwidth infrastructure services focusing on delivering
fibre based products and solutions to customers who require fibre based centre to data centre
connectivity.
Aeolus Engine Services is a provider of expert technical services and powerplant solutions to
airlines and commercial aircraft owners worldwide. Services include - Used engine leasing and
trading, Air worthiness compliance and On-wing inspections and repair.
Fitzers Catering provide professional and world class culinary experiences for corporate events,
conventions, sporting venues, weddings, heritage sites, movies and concerts across Ireland.
Venues serviced include - Leopardstown Racecourse, The Convention Centre Dublin, The Four
Courts and The Law Society.
The Oradeo Group is a leading European construction and engineering support services
company providing recruitment, staffing services, and sub-contract/outsourcing services to
clients throughout Europe.
KCI Medical (3M) – KCI Medical are the worlds largest advanced wound caring company,
providing solutions for wound healing and surgical management worldwide. 3M acquired KCI
Medical in 2019.
TDS (Time Data Security) – TDS are an Irish company that develop world class security solutions
across a range of sectors including aviation, education, government, pharma & multinational.
Clients include Google, LinkedIn, GlaxoSmithKline, ESB and Procter & Gamble. TDS was acquired
by ACRE in April 2021. ACRE is a global leader in the delivery of integrated technologies and
services and employs more than 400 employees across 25 countries worldwide.
TENANCY SCHEDULE
Unit Warehouse Office Total Car Lease Lease Rent
Tenant Break Option Passing Rent
Number Sq Ft Sq Ft Sq Ft Spaces Commencement Expiry Review
1 Eu Networks 5,275 5,275 14 01/08/2017 31/07/2032 31/07/2027* 01/08/2022 €85,000.00
2 Aeolus 1,948 3,122 5,070 10 08/01/2014 07/01/2024 - - €70,000.00
3 Fitzers 1,948 3,122 5,070 10 01/05/2015 30/04/2025 - - €73,674.50
4 Oradeo 3,122 3,122 10 01/10/2014 30/09/2028 - 01/10/2023 €55,000.00 **
6 & Part 7 KCI Medical (3M) 1,948 5,274 7,222 16 30/01/2009 29/01/2034 04/03/2024* 30/01/2024 €127,500.00
Part 7 KCI Medical (3M) 3,122 3,122 8 05/03/2014 04/03/2024 - - €55,000.00
8 TDS 1,948 3,122 5,070 10 19/09/2016 17/09/2024 - - €75,000.00
9, A,B &10 TDS 1,948 8,407 10,355 24 18/09/2014 17/09/2024 - - €190,000.00
Total 9,740 34,566 44,306 102 €731,174.50
**Rent deposit of €24,600 paid by tenant. Full lease details available on request / *Tenant break option penalty – 6 months’ rent.
TITLE DATASITE BER
Freehold https://estatecreate.com/2050_
Orchard_Avenue/en/login.php
SELLING AGENTS MICHELE MCGARRY SOLICITORS
Colliers michele.mcgarry@colliers.com Eugene F. Collins
Hambleden House, Direct Tel: +353 (1) 633 3738 Temple Chambers
19-26 Lower Pembroke Street, Mobile: +353 (87) 205 0515
3 Burlington Road
Dublin 2 COLIN O’SHEA Dublin 4
+353 (1) 633 3700 colin.oshea@colliers.com Kathi Ó Riain | KORiain@EFC.ie
Direct Tel: +353 (1) 633 3773
colliers.ie Mobile: +353 (87) 608 1030
Tel: +353 (1) 202 6400
Disclaimer
Colliers gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part
of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or
representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers
has any authority to make any representation or warranty whatsoever in relation to this property. Colliers is the licensed trading name of JS (City) Ltd. Company
registered in Ireland no. 20138. Registered office: Hambleden House, 19-26 Lower Pembroke Street, Dublin 2.
PSRA 001223
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