Two iconic Sandyford premises up for sale

New to the market are Ravenscourt and The Sandyford House...

CBRE is guiding a combined €14.2 million for two office investments at Ravenscourt, Three Rock Road in Sandyford. Ravenscourt is 90 per cent occupied and is producing annual rental exceeding €700,000. Tenants include Chill Insurance, Innopharma and Brambles.

The development consists of 5 No. office blocks and a recreational building all over a common basement car park.  The office blocks vary in height from 3 Storeys to 6 Storeys over basement.

Also released to the market by CBRE is the landmark Sandyford House licensed premises.Offers in excess of €2m are being sought for the property. Keen interest is expected from a range of developers and publicans seeking an opportunity to expand the existing pub business or develop the site to exploit is excellent location.

The property extends to 1.17 acres and includes a part single storey, part two storey licensed premises extending to circa 1,230sqm with car parking for over 100 cars, along with a vacant retail property on the site.

Article Published: 29/09/2016