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The property was developed for Trinity Biotech circa 2006/2007. The entire facility is let to Trinity Biotech Manufacturing Limited on a 25-year FRI lease from 1st July 2007 with upward only rent reviews. The passing rent is €786,605.18 per annum. There is a Parent Company Guarantee in place by Trinity Biotech PLC for the fulfilment of all the tenant’s lease obligations. Rent Reviews are every 5 years on the assumed basis that the floor area of the building is 69,920.46 sq.ft. to include 50 car parking spaces.
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