Satir given the go ahead to build onto their Dundalk headquarters

Local company Satir have been granted planning permission by Dundalk Town Council to build residential facilities at their headquarters in Finnabair Industrial Estate.

Applying under their registered name of Satir Europe (Ireland) Company Ltd, the group have successfully extended the planning permission previously granted in 2009 which gave them the go ahead to build eight bedrooms and ancillary circulation areas, comprising 420 square metres, on the first floor of the facility next to their training and research and development centres.

SATIR are manufacturers of quality infrared cameras for thermal imaging, night vision and thermography.

They first came to Dundalk in May 2007 before announcing a €30m investment in the area, including a purpose-built facility, in 2011.

Satir look to build rooms onto their Dundalk facility

Local company Satir have applied for planning permission to Dundalk Town Council to build residential facilities at their headquarters in Finnabair Industrial Estate.

Applying under their registered name of Satir Europe (Ireland) Company Ltd, the group are hoping to extend the planning permission previously granted in 2009 which gave them the go ahead to building eight bedrooms and ancillary circulation areas, comprising 420 square metres, on the first floor of the facility next to their training and research and development centres.

The council will make a decision on the matter on August 26^th.

SATIR are manufacturers of quality infrared cameras for thermal imaging, night vision and thermography.

They first came to Dundalk in May 2007 before announcing a €30m investment in the area, including a purpose-built facility, in 2011.

Dundalk building on the market for €2.75m

Building One, Finnabair Business and Technology Park, is on the market for €2.75m

An investment property in Dundalk with a €2.75m price tag could generate a yield of 12.56% for an investor.

Building One, Finnabair Business and Technology Park, is 85% let and generating a rent of €360,753 a year from a number of Irish and international tenants.

About 15% of the floor area, consisting of around 440sqm (4,700 sq ft) on part of the first floor is available to let and the agents Jones Lang LaSalle and REA Gunne are quoting around €15 per sq ft for this space.

The three-storey building has a total floor area of 31,120 sq ft and there is parking for 77 cars.

Existing tenants in the building include Sustainable Energy Authority of Ireland, Seachange, Vesta and Teva Pharmaceutical. Other occupiers in the park include Boylesports, Irish Life, Prometric, Digi Web and Horseware. Satir, the first Chinese company attracted by IDA Ireland, is also located in the park.

Building One is being sold on behalf of Paul McCann of Grant Thornton, receiver to certain assets of two private investors.

The 90-acre Finnabair Business Park, is adjacent to Dundalk Institute of Technology (DkIT) and it is close to the M1 motorway.

Source: Irish Independent