| No. | Floor | Lessee | Sq. m | Sq. ft | Lease Terms | Current Gross Rent Reserved € p.a. |
| 1 | Ground |
Kaptec (4)
| 339.18 sq. m | (3,651 sq. ft) | We are informed that the lease to expire in 2028. We await further details from the Vendor.
| €30,000 p.a. (5)
|
| 2 | First | Coillte Teoranta (3) | 315.12 sq. m | (3,392 sq. ft) | 10 years from 20.04.2012 Effective FR&I | €85,000 p.a. |
| 3 | Second | Mayo County Council (2)
| 756.23 sq. m | (8,140 sq. ft) | 5 years from 10.12.2007 (overholding) Effective FR&I Inclusive of 25 car parking spaces |
€110,500 p.a. |
| Total | 1,410.53 sq. m | (15,183 sq. ft) | €153,418 p.a. (1) |
(1) There is a lease back of a portion of the property excluded from the sale, this refers to the ground and first floor leases and amounts to €26,082 p.a for Kaptec and €46,000 for Coillte Teoranta. N.B. The total net rent passing is therefore €153,418 p.a. Please refer to the Contract for Sale for further details.
(2) Mayo County Council: www.mayococo.ie
(3) Coillte: In 2016, Coillte delivered record earnings before interest, tax, depreciation and amortisation (EBITDA) of €98.3m, up 10% on the previous year. Operating cash flow at €15.2m was up 130% on 2015 while operating profit (before exceptional items and revaluation gains) increased by 6.6% to €64.4m. Source: www.coillte.ie/about-us/our-story/
(4) Kaptec: Are "Unified communications solution experts with experience of setting up complex on-premise telephone PBX solutions for multinational companies, including HP, Avaya, Vodafone, Paddy Power and Google." with offices in Ireland, UK, and Czech Republic. Source: www.kaptec.com (5) We are informed by the Vendor that they are not in receipt of rent payments in respect of this tenancy.
