Energy company Verde put its expertise into company's Munster  HQ which it it is now selling

Retrofitted €1.75m industrial unit has lower running costs and a pending new BER should show the gains from current C3

Verde Energy's Unit 4 Courtstown Industrial Estate Little Island Cork: it also did the work for Ballymaloe Foods right next door

HAVING done a complete energy efficiency upgrade on their own commercial base and HQ, and following a multi-million euro partnership with international green energy company Octopus, Verde Energy Group is selling the fruits of its labour and expertise as a ‘best in class’ retrofitted unit of benefit to new occupiers.

Gone to market this week with a €1.75m guide or €120 psf is Unit 4 at the long-established Courtstown Industrial Estate in Cork’s Little Island, a 14,550sq ft distribution and HQ for the rapidly expanded Verde Energy Group, actively scaling up since international energy supplier Octopus Energy took a majority shareholding in Verde in a partnership deal announced in 2023.

Paul Martin, CEO, Verde Energy Group.

Octopus has benefited from a €94m investment by the Irish Strategic Investment Fund and has aims to generate 100MW of energy via 50 solar farms by 2027.

With plans for growth and a Dublin presence discussed at the time of partnership announcement, Verde has now opted to sell its current HQ and distribution centre at Courtstown in Little Island, says agent Rob Coughlan of Cohalan Downing.

The energy enhanced unit is on 0.57 acres with just over 10,000sq ft of warehouse/storage/and has a further 4,000sq ft of offices over two floors to the front including meeting rooms, board room, canteen, and gym.

Among the 100-plus clients referenced on Verde’s website is its own next door neighbour at Courtstown, Ballymaloe Foods for whom they fitted a 75kWh solar PV system, now generating 66kWh of clean electricity annually, covering 24.8% of the Ballymaloe site’s total electricity consumption.

File pic from 2006 of Micheal Martin TD, then-Minister for Trade, enterprise and employment who opened the extension to Ballymaloe Country relish premises at Courtstown Industrial park, Little Island, with Yasmin Hyde, managing director; John Hyde, director and their children Maxine (left) and Rosaleen /Picture: Eddie O'Hare

On their own Unit 4 property, Verde fitted a new Kingspan insulated roof, there’s a smaller array of PV (solar) panels than at the adjacent Ballymaloe Foods), installed new windows and doors, did an internal office refurbishment and external enhancements/insulation upgrades and fitted LED lighting throughout, according to Cohalan Downing.

The BER is currently being uprated from an initial cited C3 in the building’s original guise, and its 2025 score will be of interest to intending new owners/occupiers keen for green credentials/lower running costs.

It’s set near the entrance to Courtstown Industrial Estate, off the N25 Cork-Rosslare route some 6kms east of the Dunkettle interchange/M8, is near the Harbour Point Business Park and occupiers nearby include Ballymaloe Foods, Pakform Ltd, Classic Drinks, Lynplast, Kuehne & Nagle, Lucey Transport, EMC Flextronics, and the EZ Living Interiors Distribution Centre.

DETAILS: Cohalan Downing, 021-4277717;
cohalandowning.ie