Units 4 & 5 Portgate Business Park, Raffeen, Ringaskiddy

Excellent opportunity to purchase an investment property (tenants unaffected) comprising of two modern commercial buildings consisting of modern offices with a bespoke fitout and a part warehouse layout.

Unit 4 Portgate Business Park offers office accommodation over two levels extending to c. 1,059 sq. m and is fitted out to an exceptionally high standard. Comprising of a double height entrance foyer, offices, meeting rooms, boardroom, canteens, entertainment area, shower and toilet facilities.

Unit 5 Portgate Business Park offers a mix of office accommodation, call centre space extending to c. 685 sq. m and a warehouse unit extending to c. 120 sq. m.

Portgate Business Park is located on the northern side of the N28 close to the junction with R610 Monkstown Road. Strategically located only c 2.5 km, west of the Ringaskiddy Deepwater Port and c 1.5 km east of the Shannon Park roundabout, with a connection to the new M28 motorway linking Ringaskiddy to the South Link Road, Jack Lynch Tunnel and the M8.

Portgate Business Park is surrounded by many pharmaceutical companies, including Pfizer, Johnson & Johnson, Depuy, Biomarin, Sterling along with NVD, The Island Crematorium and Haulbowline Naval Base.

Land Use Zonings: Existing Mixed/General Business/Industrial uses, RY-I-01
Cork County Development Plan 2022 - 2028 objective.
Facilitate development that supports in general the employment uses of the existing mixed/general business/industrial areas. Development that does not support or threatens to vitality or integrity of the employment uses of these areas shall not be permitted. Appropriate uses are general warehousing, trade warehousing and distribution, manufacturing and repairs, storage, builders providers yard, food processing facility, logistics, fitting business to business activity, wholesaling, vehicle sales outlets.

Rates: '14,201.56 and '11,539.15 (2025)

Service Charge: '5,450 pa

Title: No.4, 999 year lease from 2003, 978 years remaining
No.5, 999 year lease from 2001, 975 years remaining

Tenure: 5 Year lease from 1st January 2023, '175,000pa plus VAT

Guide Price: POA

Contact Details: Strictly by appointment with sole letting agents.
Frank V Murphy & Co Ltd, 47 South Mall, Cork Tel 021-427420