Block c, Maynooth Business Campus, Maynooth, Co. Kildare - For Sale by Private Treaty - Amazon S3
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Block c, Maynooth Business Campus,
Maynooth, Co. Kildare.
For Sale by Private Treaty
On the instructions of Grant Thornton as Receiver.
Office Investment Opportunity (tenant not affected)
Investment Summary • E xcellent opportunity to acquire a landmark office investment located in Maynooth Business Campus, Co. Kildare • P rime location overlooking the Maynooth exit (Exit 3) of the M4 motorway approx. 23km from Dublin City Centre • P roperty comprises a purpose built modern three-storey office building extending to approx. 5,500 sq.m. (59,203 sq.ft.) • C apita Asset Services currently occupy the first and second floors producing a total gross rental income of €420,268 per annum • T he ground floor is currently vacant and in shell condition providing an immediate opportunity to increase the rental returns • E xclusive investment opportunity offering a weighted average unexpired lease term of 3.8 years to the earliest termination and 6.3 years to lease expiries
1 2
For illustrative purposes only.
Location
The property is situated at the front of Maynooth Business Campus which
is strategically located adjacent to the M4 motorway exit at Maynooth.
The campus has extensive frontage on to the motorway interchange. The
M4 is the main route to the west of the country. The campus is accessed
from a roundabout at the junction of Straffan Road (R406) and the M4
motorway slip road to Maynooth.
The campus is situated approximately 23km from Dublin City Centre and
approximately 28km from Dublin Airport. The location benefits from its
close proximity to the M50 motorway which is approximately 15km to the
east enabling access to all other major arterial routes. This convenient
access is also supported by excellent rail and bus commuter services in
nearby Maynooth Town.
Maynooth is a vibrant expanding town located approximately 1km
north of the M4 motorway. The town has a population of approximately
15,905 people (census 2016) with a further 8,100 students attending the
university in the town.
The town offers excellent amenities and facilities including the
National University of Ireland, the 4-star Carton House Spa and Golf
Hotel and the world renowned K Club. In addition Maynooth offers a
wide range of retail, leisure and dining facilities.
Intel has its Irish headquarter campus located in Leixlip, which is
approximately 7km from Maynooth, offering employment to more than
4,500 people.
Description Floor Plan
Block C is a purpose built three-storey office building.
Completed in 2003 the property provides high quality
office accommodation complete with raised access
floors and air conditioning.
The floor plates are regular in shape and emanate
around a central courtyard, which allows natural light
circulation throughout the building. The entrance
lobby is located at the northern elevation of the
building while the lift and main stairs are located in the
centre of the block. Parking is available immediately
to the front, side and rear of the building.
The offices at first and second floor level are laid out
in a mixture of open plan and cellular office space with
carpeted raised access floors, suspended ceilings with
recessed lighting and air-conditioning throughout.
There is an 8-person passenger lift that serves the
ground and first floor and a stairwell that serves all
floors. The ground floor comprises an impressive
fully furnished lobby / reception area within the centre
of the building, while the ground floor office space,
which is sub-divided into three suites, is currently in
shell condition.
The building consists of concrete frame construction
with concrete floors and walls under a glazed roof.
The offices are finished externally with double glazed
windows and stone clad façade.
Maynooth Business Campus is an established business
park, located at Junction 3 of the M4 motorway, just
2km south of Maynooth Town Centre. The campus is
set on over 5.5 hectares and comprises approximately
45,000 sq.m. of both high specification offices and
office/warehouse units.
Not to scale,
for identification purposes only.
Tenancy Details and Accommodation
Floor Tenant Car Area Area Lease Start Lease Break Lease Passing Rent
Spaces (sq.m.) (sq.ft.) Term Option Expiry (p.a.)
Second Capital Asset Services 80 1,937.64 20,857 12/11/2010 10 years - 11/11/2020 €209,679.75
(Ireland) Limited
First Capital Asset Services 65 1,949.85 20,988 02/08/2016 10 years 02/08/2021 02/08/2026 €210,588.12
(Ireland) Limited
Ground Vacant - 1,612.64 17,358
Total - 5,500.13 59,203 €420,267.87
All intending purchasers should satisfy themselves in relation to the floor areas. The ground floor lobby / reception area is apportioned as an
additional rent and area to each demise.
Please note the landlord is currently liable for the service charge on the vacant ground floor space which is approximately €35,000 (excluding VAT).
for 2017.
COVENANT
Capita is a leading provider of business process management and integrated professional support service solutions, with approximately 75,000 staff
across Ireland, the UK, Europe, South Africa and India. Capita began operating in Ireland in 1999 and since then, the company has grown the
scale and scope of professional and outsourced services, supporting local Irish companies, international companies based in Ireland and servicing
international financial services clients from their Dublin and Kildare offices.
MAYNOOTH CASTLEKNOCK
LUCAN
LEIXLIP
M4 LIFFEY VALLEY
SHOPPING CENTRE
CELBRIDGE
Exit 3 (M4)
MAYNOOTH
BUSINESS
CAMPUS
SLIGO LINE N7 / M7
Not to scale, for identification purposes only.
Title Selling Agents
We understand that the property is held Freehold. Savills
33 Molesworth Street,
Viewings
Dublin 2.
PSRA No. 002233
Viewings are strictly by appointment through the sole selling agents. Kevin McMahon
+353 1 618 1328
kevin.mcmahon@savills.ie
BER Rating David O’Malley
+353 1 618 1458
david.omalley@savills.ie
Pricing Darren Loughrey
+353 1 618 1318
darren.loughrey@savills.ie
On application.
savills.ie
Solicitors
Gartlan Furey Solicitors
20 Fitzwilliam Square,
Dublin 2.
Orla Higgins
+353 1 799 8040
orla.higgins@gartlanfurey.ie
design | conradjones.com
Savills Ireland and the Vendor/Lessor give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The
particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for
guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers,
Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them.
Neither Savills Ireland nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills Ireland
nor any of its employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/Lessees or any third party arising from the particulars or information contained
in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on
the transaction. This brochure is issued by Savills Ireland on the understanding that any negotiations relating to the property are conducted through it. All maps produced by permission of the
Ordnance Survey Ireland Licence No AU 001799 © Government of Ireland.
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