Lisney have launched a new high bay warehouse development to the market at Little Island, Cork. This is the first new business park to be developed in Little Island in over a decade and it will provide much needed new warehouse/ industrial space.
The new Harbour Gate Business Park development is situated in an established industrial and commercial location in Little Island, approx 9km east of Cork city centre. It is close to the Waterford N25 and Dublin M8 roads with easy access to the Jack Lynch Tunnel which connects with the South Ring Road network providing access to the airport, Cork’s southern and western suburbs, Ringaskiddy Port and the main West Cork and Kerry arterial routes. Harbour Gate Business Park is an innovative new business park development on a site of approx 7 hectares (17.4 acres) that will provide property solutions for modern warehouse and industrial requirements. There is full planning permission for 4 no. high bay warehouse/ logistics/ light industrial units which will provide a total floor area of approx 200,000 SqFt across four main blocks. The site has been cleared and construction has commenced. The new buildings are available for
sale or to let.
The new high specification warehouse units, designed by Edge Architecture, will provide best in class next generation high bay warehouse/ logistics facilities with unit sizes ranging from 17,222 SqFt up to 126,370 SqFt. The buildings are designed to the latest building regulations, NZEB (Nearly Zero Energy Building). Each building can have a clear internal eaves height of up to 15m and there will be dock level and grade level loading doors. There is curtain wall glazing on part
of the elevation to accommodate an office/ service block and there is also potential for a mezzanine floor. The largest building can be sub-divided into two units of approx 63,000 SqFt each. With a clear internal eaves height of up to 15m these will be the highest warehouse buildings to be built in Cork and they
will provide far more storage capacity and optimum utilisation of space. There is an opportunity for potential occupiers to have an input into final design at this stage to obtain a purpose built bespoke facility to suit specific requirements. The delivery time for completed buildings is 9-12 months.
Edward Hanafin of agents Lisney is already dealing with active enquiries as the demand for modern warehouse property in Cork is strong. One of the four units at Harbour Gate Business Park is reserved and another is under active negotiation. The industrial market has been the least affected property sector by Covid 19 and the industrial market has been active and resilient over the last 12 months. In spite of the Covid 19 pandemic approx 270,000 SqFt of industrial
space was taken up in Cork over the last year and the vacancy rate has dropped to a historic low of 2.8% well below the typical equilibrium level. The increase in online retailing is one of the factors driving the demand for warehousing and Brexit has also been a factor.
For further information on Harbour Gate Business Park see www.harbourgate.ie or contact: Edward Hanafin, Lisney, 1 South Mall, Cork 021 4275079