Citywest office for €515,000

CBRE is seeking in the region of €515,000 for an office investment in Citywest Business Campus in west Dublin which will show a return of 8.10 per cent. The two-storey 502sq m (5,404sq ft) building has 14 car parking spaces. The ground floor and two spaces are vacant while part of the first floor is let to Birds Eye Ireland on a 10-year lease from 2008 at a rent of €42,996 per annum with a licence fee of €575 per annum for 12 parking spaces. The lease is subject to five-yearly upwards-only rent reviews.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times