THE City East Plaza in Ballysimon is to be offered for sale for the sum of €5.25 million next month.
The commercial park, which includes a fully-let office investment and Plaza Express, is being sold on the instructions of receiver Kieran Wallace of KPMG.
The current rent on the three-storey building is €367,000, which will have stepped incremental increases up to 2018 when the rent will be €435,000.
The sale also includes a proposed 5,109 sq metre office building with a planning decision imminent and an agreement in place by Northern Trust to rent 50 per cent of the block on a 15-year lease, as well as undeveloped lands of 4.9 acres, which has planning for a car showroom and service building.
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