Savills | 35 Moy Road, Armagh | Property for sale
Asking price £8,780,000(€10,164,378)

35 Moy RoadArmagh

  • Freehold

Key features

  • Extensive freehold purpose-built warehouse and office building.
  • Accommodation extending to 85,329 sq. ft (7,927.32 sq.m).
  • Self-contained site encompassing approximately 5.8 acres (2.35 ha).
  • Bunzl Uk Limited has a Dun & Bradstreet credit rating of 5A1.
  • Weighted average unexpired lease term of 15.67 years to expiry.
  • Let to Bunzl UK Ltd from 10th July 2017 for a period of 20 years at £561,975 pa.

PRIME INDUSTRIAL INVESTMENT

About this property

  • The property is a purpose-built warehouse and office building which has been designed to meet Bunzl’s requirement for a new distribution centre capable of serving both the North and South of Ireland. The building occupies a self-contained site measuring approximately 5.8 acres, with the benefit of 120 car parking spaces. Car parking for staff and visitors includes charging points for electric cars and cycle shelters. The property comprises a twin portal framed warehouse with a shallow pitched roof and a two storey portal framed office structure, extending to 85,329 sq. ft (7,927.32 sq. m), comprising 70,051 sq. ft (6,507.95 sq. m) of warehouse accommodation and 15,278 sq. ft (1,419.37 sq. m) of office accommodation. The warehouse has minimum 10 metre high eaves and currently accommodates a 42 bay racking system. The distribution warehouse benefits from 6 No. dock levers and 4 No. earth doors. Externally, the building is clad in Kingspan architectural wall panels to the warehouse accommodation and blockwork infill to the office accommodation. The unit benefits from high levels of natural day light via the use of Kingspan roof lights. Within the building, each floor is connected between the warehouse and the office accommodation. The ground floor is poured concrete and the first floor offices are precast concrete slabs. A range of floor finishes have been provided such as computer access flooring, screed, carpet, vinyl and ceramic tiles. The main office section of the building has been designed to wrap around the corner of the distribution centre to maximise good quality day light and provides views to the office accommodation and board rooms. Innovative design and sustainable principles have been used and enhance the success of the development. The use of Cellform steelwork beams in the office areas provides clear span and column free areas, with services co-ordinated to pass through the openings in the beams, allowing for maximum ceiling heights within the offices. The two-storey office block incorporates a number of open plan office suites, private offices, a central foyer / reception area and canteen, with W/C facilities provided across both floors. The offices are finished to a high specification to include raised floors, suspended ceilings (with air conditioning units) and painted/plastered walls. The first floor accommodation can be accessed via 2 No. separate stairwells or a passenger lift located in the foyer. Making discrete and integrated use of the vast distribution centre roof, the building generates electricity on site through the installation of 200m2 of PV panels. The property has achieved an SBEM Energy Performance A-rating.

Local information

  • Armagh is a Cathedral City situated 40 Miles (64 Km) south west of Belfast, 18 miles (29 Km) north east of Newry, and 15 minutes’ drive time north of the border with the Republic of Ireland.
  • Armagh is one of Northern Ireland’s principal market cities, with major towns in the proximity including Dungannon (13 miles north), Portadown (11 miles east), Newry (18 miles south) and Monaghan (22 miles west).
  • The City is well connected via a number of arterial routes including the A3 Portadown Road and the A28 Newry Road.
  • The property is located 2.2 miles from Armagh City Centre and is bounded by Lisdonwilly Road to the east, St. Bridgid’s Hill to the south and Moy Road to the north and west.
  • The Moy road (A29) is a major north-south route across Northern Ireland, starting at Portrush on the north coast and finishing on the border at Tullydonnell, east of Crossmaglen, where the R177 continues into Dundalk.

Energy performance

A23