Tenancy

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.

 

Title/Tenure

The facility is held on a 999-year lease to IDA from 2000.

 

Schedule of Accommodation