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Barrack Square, Ballincollig, Co. Cork











Price On Application
Investment property unit
BER rating:
Contact Name: Siobhán Young
Phone: 021 4275454
PSR Licence Number: 002607
Contact Advertiser

Available to Move In: Immediately

Property Description 

Barrack Square Office Investment Portfolio For Sale
An exclusive office campus and restaurant investment with strong tenant covenants and an unrivalled rent roll

Investment Overview
Cushman & Wakefield are excited to offer the Barrack Square investment portfolio for sale. This highly attractive sale includes 6 modern office buildings with 100% occupancy; Kavanagh House, Pearse House, Yeats House, Behan House, Unit 3 Emmet House, Parnell House. It also includes the adjoining Sliced Restaurant and 375 spaces in the multi-storey car park.

The investment is anchored by VM Ware International, a leading international IT software company owned by Dell EMC. VM Ware accounts for 94% of total rental income and the total passing rent for the investment is 2.1M per annum. This highly anticipated investment is offered for sale in 1 Lot.

- 6 modern office buildings located in Ballincollig, Cork - Irelands second largest city
- 126,297 GIA SQ FT of office space with 100% occupancy
- 2.1M rental income per year, long 6.3 year WAULT
- Tenants include VM Ware International Ltd, eSentire Europe Ltd & Star Innovation Ltd
- 94% of rental income secured against VM Ware, a leasing international IT firm owned by Dell Computers
- 375 Multi-storey car parking spaces included in the sale
- Seeking offers in excess of 24M
- Tenants are not affected

Data Site: www.barracksquarecork.com
BER Details:
BER No. 87

Contact Agent 

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Cushman & Wakefield Cork

Letting Agent

Cushman & Wakefield Cork
6 Lapps Quay
Cork
Contact Name: Siobhán Young
Phone: 021 4275454

Property Location 

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