Birch House - Millennium Park

Executive Summary
Millennium Park comprises approximately 136 ha (336 acres) of land
straddling the M7 motorway between junctions 9 and 10. Millennium Park
offers a well thought out, integrated business park comprising office,
enterprise, residential, health/leisure and retail uses.
·
·
The overall lands available for sale extend
A total of 6 buildings extending to approximately
to approximately 136 hectares (336 acres) while
14,156 sq m (152,373 sq ft) producing an overall
approximately 16.5 hectares (40.75 acres) have
income of €1.62m per annum.
been developed to date. The remaining lands benefit
from a variety of land use zonings with the predominant
zonings being existing/in-fill residential, new residential,
·
is intrinsic to the overall vision of the park and is based
urban village, enterprise and employment.
on best industry practice with respect to industry design,
construction and maintenance.
2
Millennium Parks telecommunications strategy
·
·
94% of the existing accommodation is currently
Millennium Park is strategically positioned midway
occupied.
along a direct link route between Naas Town Centre
and the Sallins Rail Station. This provides rapid access
·
The overall weighted average unexpired lease
for commuters to Dublin. Ease of accessibility to Naas
term of the office accommodation is approximately
town centre means occupiers can experience the
4.45 years.
excellent facilities including hotels, restaurants, leisure
facilities and park the town has to offer.
·
Millennium Park is located on the North West
outskirts of Naas and 28km from Dublin city centre.
The development comprises a fully serviced office/
technology business campus, a planned village centre
and enterprise space for early stage manufacturing
and service enterprises.
3
Location
Johnstown
Millennium Park is located adjacent to the M7 approximately
28km from Dublin City Centre.
Dublin
-M50
Millennium Park
benefits from its
accessibility
to Dublin (28km) and
the M50 (23km).
Millennium Park affords easy access and proximity
to Dublin Airport /M50/M1 and to the M9/M7/M4
national traffic arteries. Naas, as the administrative
capital of Kildare with a population of 30,917 (census
2011) including its surrounding dependant environment,
compliments Millennium Park with a vibrant hub
complete with all the required facilities.
M7
Sallins
16.5 Ha.
N1
Maynooth
M4
Leixlip
Co. Kildare
w
R
ail
Sallins
Newbridge
M9
M7
NAAS
Lucan
Heuston
ParkWest
C
Citywest
Baldonnell
Baldonn
Arr
o
Clane
Airport
N2
N3
Rathcoole
N81
Blessington
B
Millennium Park
Connolly
Dublin City
Ballymount
Tallaght
26.5 Ha.
From Liverpool
77.8 Ha.
15.2 Ha.
Naas Town Centre
Dun Laoghaire
Sandyford
M50
From Hollyhead
MILLENNIUM PARK
NAAS, CO. KILDARE
Cherrywood
Bray
M7
Kilcullen
Cork/Limerick-M7/M8
Waterford-M9
4
5
5
Kildare/Naas
Transport
With facilities such as NUI Maynooth, Institute of Technology Carlow and
numerous third level Dublin Institutions on the doorstep, employers based
in Millennium Park find they have access to top graduates.
Millennium Park’s strategic position is further enhanced by its unique
accessibility and Transport Links.
The table below details the connectivity of Millennium Park:
Road Network
Naas and its surrounding villages have a population
Naas town accounts for 21,000 residents, of which 62%
of 30,917 (Census 2011). Naas is the county town of
are white collar workers. The population of the town
Kildare and has seen substantial development in the last
Millennium Park will be serviced by an Interchange
off the M7, please see the dataroom for additional
Millennium Park to
is expected to continue growing over the coming years.
information. Millennium Park is additionally serviced
by a ring road network - Western Distributor Road,
commuter towns in the greater Dublin area and the
Currently, 125,000 people pass Millennium Park travelling
enabling local traffic to bypass the town of Naas.
Naas-Newbridge-Kilcullen triangle has been identified
to and from work on a daily basis. The majority of this
as a primary growth centre in the National Spatial
commuting population consists of highly skilled individuals
Strategy (NSS).
who travel long distances each day to get to their
development cycle. It is now one of the most important
place of work.
Drive time
km
City Centre
30 mins
28
M50
15 mins
20
Airport
40 mins
40
Naas
3 mins
2
Train Station
2 mins
1.5
Plans are in place for the provision of a Public Transport
Over recent years Kildare has witnessed an increase
Corridor, which will run from Sallins train station through
in population with the county being one of the top choices
Millennium Park and into the heart of Naas. The route will
for young families putting down roots outside of Dublin.
be serviced by bus initially but is
immediately upgradeable to road
DUBLIN
Heuston Stn
& Luas Red Line
train or light rail.
Navan
N2
Road Transport
Connectivity
Countrywide
Cherry Orchard
M1
Belfast
45
mins
M4
Celbridge
15
mins
Millennium Park
Naas
Limerick
Wexford
Millennium Park
ark
k
Newbridge
Kildare
Portarlington
Waterford
Clane
Clondalkin
M7
Bus Network
Dublin
City
Dundrum
Tallaght
Blessington
N11
Hazelhatch
Bus Éireann operates almost 162 services daily from
NA
NAAS
Kilcullen
Cork
M50
Leixlip
Dublin City
Wicklow
Clondalkin
20 MINS
Kilcock
Maynooth
30
mins
Galway
Swords
Airport
Sligo
Westport
Lusk
Ashbourne
N3
Bray
Naas to all major towns and cities. Bus services to Dublin
Rail Network
run every 15 - 30 minutes. Other bus operators provide
Millennium Park is located
a comprehensive and an additional 84 services.
approximately 1.5km from
The Park is strategically positioned along the direct
which runs 52 trains a day
link route between Naas town centre and the Sallins
to and from Dublin. Currently,
railway station.
there is a bus service running
SALLINS
Millennium Park
/ NAAS
from Millennium Park to the train
N78
station and to Naas town.
N81
Portlaoise
Celbridge
Sallins/Naas train station,
Athy
Newbridge
N9
Kildare
Carlow
6
7
Available Labour Force
Connectivity
Over the last decade, Kildare has witnessed a significant population
increase. Statistical data highlights that the county is a top choice
for young families putting down roots outside of Dublin.
Millennium Park has state-of-the-art telecommunication services which
are a critical component of the infrastructure to attract occupiers.
• Active collaboration with service providers to ensure
Millennium Park has:
the maximum separation of services to each building.
•Aresilientfibrenetworkwith14wayductingonboth
28% of Kildare’s
population have
a third level
qualification.
Such a growth in population has resulted in the expansion
of a highly skilled and talented workforce in the region.
This workforce explosion is a combination of the
development of the young population and the inward
migrationofskilledemployeesfromDublin,othercounties
and overseas.
Companies relocating or setting up in Millennium Park
can easily tap into this large pool of skilled and
motivatedemployees,whoaregreatlyattractedto
sides of Millennium Parks road infrastructure and
The network design lends itself to the concept of closed
multi-ducting to all buildings.
loops to minimise the exposure to disruption of services.
• Broadband and Wireless services.
• A full range of IP and Ethernet services with speeds
of up to 1Gb.
• Power -There is a 20MW substation less than 1 km from
•AchoiceofserviceprovidersnamelyEircom,BTIreland,
SmartTelecom,UPC(Chorus/NTL),Cable&Wireless,
• Gas - There is a high pressure gas service in Naas
Digiweb and Quantum Broadband.
providedbythenationalcompany,AnBordGáis.Allsites
• Tight management of access to the network infrastructure
with a ‘Permit to Dig’ policy in operation.
employment opportunities closer to home and
improved work-life balance.
“Competing in a Globalised World”
- Kildare Co. Council Report
8
Millennium Park.
9
are connected to local gas and water utilities.
The Opportunity
Johnstown
Dublin
-M50
This is a once in a lifetime opportunity to acquire an established, branded
development that offers immediate income flow from well-designed,
modern office buildings and a range of development opportunities that
can be moulded to suit the requirements of occupiers.
The scale of this offering provides the opportunity to provide
affordable accommodation in an already established
business park anchored by a number of international
The acquisition by the Department of Education of a 15
M7
acre site is a further endorsement of Millennium Park
as a Work, Live , Grow location.
and local occupiers. Millennium Park as a location has
Sallins
a competitive advantage and the ability to offer large
The range of existing land use zonings covers a wide range
occupiers a solution in establishing a headquarters on
of potential end uses and with the upcoming submissions
Dublin’s doorstep.
for the new Development Plan in 2017 the timing of this
sale will allow for the new purchaser to discuss their vision
All business parks must be accessible by the local and
with the local planners and seek to create a destination of
international clients and at Millennium Park this has
high quality commercial, educational, retail and residential
improved further with the recent upgrade of Newlands
offerings.
Cross on the M7, reducing the commuting time from Dublin
considerably. However, the game changer for the scheme
From the outset a purchaser has an income generating
is the recent grant of planning permission for the new M7
asset which can be further enhanced with active asset
motorway interchange at Millennium Park which will further
management. There is recent evidence of the good
enhance the attractiveness of the scheme as a business
demand from occupiers for this location and therein lies
destination, which in turn will create a desire to reside
further opportunities to develop office accommodation
in the locality.
to cater for these requirements.
Naas Town Centre
MILLENNIUM PARK
NAAS, CO. KILDARE
M7
11
Millennium Park
Land
I
Existing Land Use Zoning Objectives
Millennium Park extends to a total of 136 hectares (336 acres)
F
B
Q
M
of which 119.5 hectares (295 acres) remains undeveloped.
The table below identifies the land use zoning attributed
throughout the park under the current Naas Development
Plan 2011-2017.
M
I
The consultation period relating to the draft Kildare County
Development Plan 2017-2023 will commence shortly enabling
Q
interested parties to engage with the council and agree a strategy
to further develop Millennium Park in a sustainable manner.
Overview of Millennium Park Lands:
Identification Description
Type
Size: (hectares)
(acres)
B
Existing/Infill Residential
0.28
0.69
C
New Residential
8.42
20.8
E
Community & Education
8.14
20.10
F
Open Space / Amenity
1.19
2.94
G
Urban Village
5.88
14.52
I
Agricultural
41.68
103.00
M
Future Park / Greenbelt
3.21
7.93
Q
Enterprise & Employment
67.2
165.98
136.0
336.00
Total
12
E
Q
G
Q
C
13
Kerry Group recently developed their industry-leading global
Floor area as a % of total
technology and innovation centre following the acquisition
Sycamore House
Occupiers
Elm House
of a 11.3 hectares (28 acre) site at Millennium Park, Naas.
3% 3%
Chestnut House
21%
Millennium Park has an impressive line up of occupiers including
27%
Kerry Group, The Health Service Executive, IFS State Street,
GEA, LIDL and AIB.
12%
Birch House
Willow House
Floor area as a % of total
13%
13%
Sycamore House
8%
Ash House
Elm House
Hazel House
3% 3%
Chestnut House
Beech House
21%
Birch House
27%
Rent as a % of total
12%
Sycamore House
Willow House
Birch House
3% 2%
13%
13%
26%
Ash House
Ash House
20%
Hazel House
office blocks, of which 4 have been
Beech House
are designed to facilitate flagship
H.Q. style offices or can be utilised as
multi–tenant buildings. The buildings
are finished to a very high standard
in keeping with the design and vision
developed for Millennium Park. This
12%
Sycamore House
approximately 336 acres, 14,156 sq m
Willow House
16%
Elm House
Birch House
3% 2%
Hazel House
6%
Chestnut House
truly unique asset provides a total of
14%
Rent as a % of total
Beech House
of existing buildings and a rent roll
of approximately €1,620,507 pa.
The potential to increase the revenue
stream and implement an asset
26%
management strategy will appeal
Ash House
20%
to developers and investors alike.
* Note that there are 9 individual suites
within Sycamore and Elm House included
in this sale.
12%
WAULT by Property (Average 4.45 years)
10
9.72
sold. The remaining 6 office blocks
6%
Chestnut House
8%
Millennium Park includes 10 individual
Elm House
9
8
7
6.19
6
5
4
2.89
3
2.13
2
1
0
1.10
Birch
House
0.99
Ash
House
14%
Willow House
16%
Beech House
Hazel House
14
15
Beech
House
1.49
0.51
Hazel
House
Willow Chestnut Sycamore Elm
House House House House
Existing Accommodation
Elm House
There are 6 detached office blocks along with 9 office suites extending
in total to approximately 14,156 sq m.
HSE
Sycamore House
Creche
Willow House
Birch House
Hazel House
Elm House
Ash House
Sycamore House
Beech House
HSE
Creche
Willow House
Chestnut House
Birch House
Hazel House
Ash House
Hawthorn House
Chestnut House
Hawthorn House
16
17
Beech House
Birch House
Typical Floor Plan
EQ
EQ
Atrium
350
SVP
TENANCY DETAILS
Demise
Tenant
Lease Details
Break Option
Current Rent p.a.
Ground Floor
Kerry Group Services
10 years from
Ireland Ltd
1st June 2013
31st May 2016,
31st May 2017
or 31st May 2018
€33,362
1st Floor
Kerry Group Services
10 years from
International Ltd
1st June 2013
31st May 2016,
31st May 2017
or 31st May 2018
€33,362
2nd Floor
Kerry Group Services
10 years from
International Ltd
1st June 2013
31st May 2016,
31st May 2017
or 31st May 2018
€33,362
Total €100,086
M7
Birch House comprises a high profile, three storey
office building complete with an atrium designed as
Birch House - FLOOR AREAS (GIA)
a single tenancy office block. Floor plans are regular
Floor
in shape and provide flexible, efficient and attractive
sq m sq ft
Ground 1,282.1 13,800
First 1,274.9 13,723
Second 1,274.9 13,723
raised access floors, air conditioning and a
Total
3,832.9 41,246
passenger lift.
Car parking
156 spaces
accommodation.
The specification comprises suspended ceilings,
Sycamore
House
Elm
House
M7
Birch
House
Hazel
House
Ash
House
Hazel
House
18
Creche
HSE
19
Beech
House
Willow
House
Ash House
Typical Floor Plan
TENANCY DETAILS
Demise
Tenant
Lease Details
Break Option
Current Rent p.a.
Ground Floor GEA Process Technology
Ireland Ltd
20 years 1 day
from 1st July 06
30th June 2021
€108,534
1st Floor GEA Process Technology
Ireland Ltd
20 years 1 day
from 1st July 06
30th June 2021
€108,533
2nd Floor
GEA Process Technology
Ireland Ltd
20 years 1 day
from 1st July 06
30th June 2021
€108,534
Total
€325,601
M7
Ash House comprises a three storey, high
M7
specification office building with regular floor plates
Ash House - FLOOR AREAS (GIA)
making it efficient and attractive accommodation.
Floor
sq m sq ft
Ground 599.2 6,323
First 587.6 6,325
Second 587.4 6,450
1,774.2 19,098
The floor plates allow for multi-tenanted occupation.
The specification comprises suspended ceilings,
raised access floors, air conditioning and a
passenger lift.
Total
Car parking
Sycamore
House
Elm
House
Creche
HSE
Ash
House
81 spaces
Hazel
House
20
21
Birch
House
Hazel
House
Beech
House
Willow
House
Beech House
Typical Floor Plan
TENANCY DETAILS
Demise
Tenant
Ground Floor
SOLD
1st Floor
Horse Sport Ireland Ltd Lease Details
6 years from
1st January 2011
Break Option
Current Rent p.a.
n/a
€65,250
2nd Floor
Lidl Ireland GMBH
10 years from
Tenant may break
1st January 2009 at the end of each
year on 6 months
notice
€156,000
Total €221,250
M7
Beech House comprises a three storey office
building. This building offered investors the
Beech House - FLOOR AREAS (GIA)
opportunity to buy on a floor by floor basis
Floor
sq m sq ft
First 588.0 6,329
Second 590.1 6,352
1,178.1 12,681
Car parking
54 spaces
or as a whole office block. In this instance the
Ground Floor has been sold. The floor plates
allow for multi-tenanted occupation.
The specification comprises suspended ceilings,
Total
Sycamore
House
Elm
House
M7
Creche
HSE
Beech
House
raised access floors, air conditioning and
Birch
House
Ash
House
a passenger lift.
22
Hazel
House
23
Hazel
House
Willow
House
Hazel House
Typical Floor Plan
TENANCY DETAILS
Demise
Tenant
Lease Details
Break Option
Current Rent p.a.
Ground Floor
SGS Ireland Ltd
5 years from
At the expiry of any
1st December
year on 3 months
2012notice
€61,550
1st Floor
Allied Irish Banks PLC
10 years from
2nd April 2012
1st April 2017
€77,292
2nd Floor
Rentokil Initial Ltd
20 years 1 day
from 28th
November 2005
27th November 10
or 27th November
2016
€123,169
Total €262,011
M7
Comprising of a 3 storey building Hazel House has
regular floor plates which offer flexible, efficient and
Hazel House - FLOOR AREAS (GIA)
attractive accommodation. The central toilet block
Floor
sq m sq ft
Ground 599.6 6,328
First 588.2 6,331
Second 587.9 6,454
and entrance lobby make it ideal as a multi-tenanted
building.
The specification comprises suspended ceilings,
raised access floors, air conditioning and
Total
1,775.7 19,113
a passenger lift.
Car parking
80 spaces
Sycamore
House
M7
Elm
House
Creche
HSE
Birch
House
Beech
House
Ash
House
Hazel
House
24
25
Willow
House
Hazel
House
Willow House
Typical Floor Plan
TENANCY DETAILS
Demise
Tenant
Lease Details
Break Option
Ground Floor
Osberstown Developments Ltd
Ground Floor
In legals with OPW to
restructure IAASA lease
Current Rent p.a.
1st Floor
Lidl Ireland GMBH
3 years from
1st January 2015
31st December 2015
or monthly
thereafter on giving
one months notice
€78,744
2nd Floor
Commissioner of Public Works in Ireland
12th September 2015
€119,163
20 years 1 day
from 13th
September 2005
Total Willow House comprises a three storey, high
M7
specification office building. The rectangular floor
Willow House - FLOOR AREAS (GIA)
plans are regular in shape and provide flexible,
Floor
sq m sq ft
Ground 592.1 6,337
First 587.4 6,323
Second 588.7 6,373
1,768.2 19,033
efficient and attractive accommodation. The built
in adaptability allows occupiers to vary layouts as
working practices and needs change.
The specification comprises suspended ceilings,
Total
raised access floors, air conditioning and
Car parking
€197,907
Sycamore
House
Elm
House
M7
Creche
HSE
80 spaces
Birch
House
a passenger lift.
Hazel
House
Beech
House
Ash
House
26
27
Hazel
Willow
House
Chestnut House
HD
Typical Floor Plan
SP
SP
HD
SP
SP
TENANCY DETAILS
Demise
Tenant
Lease Details
Break Option
Current Rent p.a.
Ground Floor
Oilfield Solutions Limited
10 years from
13th April 2015
12th April 2020
€125,949
1st Floor
International Fund
Services (Ireland) Ltd
10 years from 30th May 2013
n/a
€187,860
2nd Floor
International Fund
Services (Ireland) Ltd
25 years from 2004
n/a
Total
M7
€194,563
€428,372
Sycamore
House
M7
Elm
House
Creche
HSE
This L-shaped property comprises a three storey
office building extending to a Gross Internal Floor
Chestnut House - FLOOR AREAS (GIA)
Area of 2,941 sq m in total. Internally, the property
Floor
sq m sq ft
Ground 984.2 10,497
First 981.4 10,564
Second 975.2 10,594
is laid out to provide open plan office accommodation
throughout. Toilet facilities are provided at each level.
The specification comprises suspended ceilings,
raised access floors, air conditioning and
Total
2,940.8 31,655
a passenger lift.
Car parking
240 spaces
Birch
House
Hazel
House
Ash
House
Chestnut
House
Hazel
House
28
29
Beech
House
Willow
House
Own Door Units Sycamore House
Typical Floor Plan
Ground Floor
Suite 1B
Suite 1C
Suite 2A
Suite 2B
Suite 2C
98.5 sq m
Suite 3A
Suite 3B
Suite 3C
Suite 4A
Suite 4B
98.5 sq m
Suite 4C
98.4 sq m
Suite 5A
Suite 5B
98.4 sq m
Suite 5C
98.3 sq m
Suite 6A
Suite 6B
Suite 6C
Units included in sale
TENANCY DETAILS
Sycamore House is a 3 storey detached office
building comprising self contained office suites. Units
M7
2C / 4B & 4C / 5B & 5C are included in the current
Own Door Units
Sycamore House
sale process. The building is rectangular in shape
with common circulation/escape cores at each end.
along the front elevation.
Second Floor
Suite 1A
Units Sold
These are linked by an external terrace running
First Floor
M7
Elm
House
Creche
The specification comprises suspended ceilings,
HSE
raised access floors and air conditioning.
Birch
House
Hazel
House
Willow
House
Demise
Tenant
Lease Details
Suite 2C
Jason Owens &
Roisin Brady
2 years from 13th n/a
November 2007
Suites 4B & 4C
Vacant
Current Rent p.a.
€22,500
Suites 5B IWEA Limited
& 5C
10 years from
n/a€30,000
16th January
2009
Total Beech
House
Ash
House
30
Break Option
31
€52,500
Own Door Units Elm House
Typical Floor Plan
Ground Floor
Suite 1B
Suite 1C
Suite 2A
Suite 2B
98.8 sq m
Suite 2C
98.6 sq m
Suite 3A
Suite 3B
Suite 3C
Suite 4A
Suite 4B
Suite 4C
Suite 5A
Suite 5B
98.7 sq m
Suite 5C
99.8 sq m
Suite 6A
Suite 6B
Suite 6C
Units included in sale
TENANCY DETAILS
Elm House is a 3 storey detached office building
comprising self contained own door units.
Demise
M7
The building is rectangular in shape with common
circulation/escape cores at each end. These are
linked by an external terrace running along the front
in the current sale process.
Second Floor
Suite 1A
Units Sold
elevation. Units 2B & 2C / 5B & 5C are included
First Floor
M7
The specification comprises suspended ceilings,
raised access floors and air conditioning.
Sycamore
House
Own Door Units
Elm House
Creche
HSE
Birch
House
Hazel
House
Willow
House
Tenant
Lease Details
Current Rent p.a.
Suites 2B & 2C
Voice Engineering
Ireland Ltd
10 years from
31st October 2018
1st November 2013
€21,320
Suite 5B
SGS Ireland Ltd
3 years 4 months
and 9 days from
1st October 2013
€11,459
Suite 5C
Total n/a
Vacant Beech
House
Ash
House
32
Break Option
33
€32,779
Town Planning
The subject lands are located within the “Naas Northwest Quadrant” which has been designated by Kildare County Council as
the key location for the strategic future expansion of Naas town.
The lands available for sale encompass a variety of zonings under the Naas Development Plan 2011-2017 which include;
Solicitors
SHEEHAN & COMPANY SOLICITORS
New Residential, Infill Residential, Enterprise & Employment, Urban Village, Community & Education, Open Space / Amenity,
Sheehan & Company Solicitors
Mel Ferguson
Future Park / Greenbelt and Agricultural
1 Clare Street
T +353 1 661 6922
Dublin 2
fergusonm@sheehanandco.ie
An independent planning report has been prepared by RPS Planning & Environmental which is available within
the project data-room.
Services
An independent services report has been prepared by ARUP which is available within the project data-room.
www.sheehanandco.ie
Selling Agents
Tenancies
Lease details/summaries and contracts are available within the project data-room.
Viewing
Strictly by appointment with the sole agents, CBRE.
VAT
Further information is provided within the project data-room, however we would advise all interested parties to make their own
VAT enquiries with their advisors.
Title
Further information is provided within the project data-room.
Estate Management & Service Charge
Further information is provided within the project data-room.
Data Room
CBRE
Connaught House
1 Burlington Road
Dublin 4
www.cbre.ie
Willie Norse
Mark Smyth
T +353 1 618 5529
T +353 1 618 5567
M +353 86 299 6627
M +353 86 271 9270
willie.norse@cbre.com
mark.smyth@cbre.com
Wesley Rothwell
Peter Garrigan
T +353 1 618 5548
T +353 1 618 5796
M +353 87 293 8598
M +353 87 263 6487
wesley.rothwell@cbre.com
peter.garrigan@cbre.com
A data-room containing legal and tenancy documents and property information is available at www.millenniumpark.ie
For further information please contact the sole selling agents.
DISCLAIMER: CBRE
These particulars are issued by CBRE Ireland on the understanding that any negotiations relating to the property are conducted through them. While every care has been taken in
preparing them, CBRE Ireland for themselves and for the vendor/lessor whose agents they are, give notice that:- (i) The particulars are set out as a general outline for guiding potential
purchasers/tenants and do not constitute any part of an offer or contract. (ii) Any representation including descriptions, dimensions, references to condition, permissions or licenses for
uses or occupation, access and any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or
representations of fact but must satisfy themselves (at their own expense) as to their correctness. (iii) Neither CBRE Ireland, nor any of their employees have any authority to make any
or give any representation or warranty in relation to the property.