Carrigtwohill investment property with an international flavour available

Located in Cork’s Carrigtwohill IDA Business Park is an investment property with an international flavour you don’t normally expect in the southern capital’s commercial market.

The unit is likely to prove attractive as it is let to TRS Global Services Ireland Ltd on a 20-year fully repairing and insuring lease from June 2007, leaving 10 years on the current contract.

It is an unusual proposition in that the rent is being paid not in euro, but in dollars. The detached manufacturing facility extends to approximately 5,080sq m with adjacent occupiers including GE Healthcare, Stryker and Gilead Sciences. The current occupier is a full-service provider of repairs and services for engine owners, specialising in stationary component repairs.