Kilcullen Industrial Estate, Kilcullen, Co. Kildare
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€650,000 - Sale Agreed
Investment Property For Sale12,000 sq. feet (1,115 sq. metres)
Rating:
Contact Name: Stephen Talbot BSc (Surv) MSCSI, MRICS
Selling Agent:
Jordan Auctioneers and Chartered Surveyors
PSR Licence Number: 001536
Show Number
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Property Description
FEATURES:
- 4 Detached Buildings comprising of 8 units on its own site.
- Currently generating an income of c. €70,000 per annum.
- Very attractive Initial Yield of c. 10.75%
- Potential to increase rent with letting of one vacant unit and negotiation on existing leases.
- Entire c. 12,000 sq. ft. (c.1,115 sq. m.) with good car parking circulation areas.
- Close to Kilcullen Town Centre, Link Business Park & M9 Motorway
- Adjoining occupiers include Kaymed, CarveOn Leather, D&M Truck Engineering & various residential estates.
- Easily managed commercial development.
LOCATION:
Kilcullen Industrial Estate occupies an excellent location just off the Naas Road on the edge of Kilcullen Town Centre with good access to Dublin via the M9 & M7 Motorways. The immediate surrounding area is predominantly commercial & residential in nature with nearby occupiers including Kaymed, CarveOn Leather, D & M Truck Engineering, Link Business Park, Dunleas of Kilcullen.
DESCRIPTION:
The property comprises 4 detached commercial properties which provide 8 individual units with their own access. 7 of the units are currently occupied with one unit vacant. Each unit is fully fitted out in accordance with their use. Some of the units benefit from 3 phase power. Externally, there is concrete yard to the front for car parking and circulation and space to the rear of some of the units.
ACCOMMODATION: (GEA - approx. excl. Mezzanine)
Unit Tenant Sq.ft. Sq.m.
1 Tara Equestrian 1,285 119.26
2 Chemdry 896 83.20
3 Vacant 1,500 139.35
3A Barry Naughton 1,490 138.43
4 Quantock Foods 584 54.23
5 No 1 Fitness 2,315 215.13
6 Oak Lane Home
& Garden 1,626 151.08
7 Modern Mobility 2,303 213.99
TENANCY:
The entire is currently generating a rental income of circa €70,000 per annum with one unit vacant. Copies of leases available on request.
ZONING:
The property is zoned Objective H: "Industry & Warehousing" under the Kilcullen Local Area Plan 2014 - 2020.
SERVICES:
We understand that all main services are connected or available to each property.
TITLE: Freehold.
BER: Ranging from - E2 & G
BER Details
Energy Performance Indicator: 0.00 kWh/m2/yr
This property was last updated: 43 days ago
