Investment opportunity on Dock Road

Cushman & Wakefield has launched to the market for sale by way of private treaty an excellent investment opportunity located in the city centre.

The property, Unit 2 Queensgate, Dock Road, is currently leased to Xeon Dental Services Limited on a new 10 year lease at an annual rent of €48,000 per annum. The unit extends to approximately 2,000sq ft and is fitted and maintained to a very high standard.

Selling Agent George Brady says: "We are delighted to offer this investment asset to the market which will appeal to investors who are seeking a dry investment opportunity providing a good return and is not management intensive."

The quoting price of €650,000 equates to a net initial yield of seven per cent.

Further details from George Brady of Cushman & Wakefield on 091 569181.

 

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