Office property in Galway for €2.75m

A prime office investment in Galway is fresh to the market with agent DTZ Sherry FitzGerald quoting €2.75 million.

The property, at Galway West Business Park in Knocknacarra on the western outskirts of the city, is let to Aviva Insurance Europe (tenant not affected) under a 10-year lease from September 2012 at a rent of €410,950 per annum.

There is a tenant break option at the end of year five of the lease term.

This purpose-built three-storey office block extends to 3,751sq m (40,375sq ft). Internally the accommodation provides a third generation fit-out to include main reception, open-plan and modular office space, boardrooms, canteen, break-out room, toilet and shower facilities.

Two passenger lifts serve the upper floors of the property which is air-conditioned throughout. There is plenty of on-site car parking to the front.