Kilcullen Industrial Estate, Kilcullen, Co. Kildare

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€650,000 - Sale Agreed

Investment Property For Sale
12,000 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

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Property Description

PRIME INVESTMENT OPPORTUNITY POTENTIAL TO INCREASE RENTAL INCOME

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


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To: Stephen Talbot BSc (Surv) MSCSI, MRICS in Jordan Auctioneers and Chartered Surveyors
Subject: Investment Property For Sale in Kilcullen Industrial Estate, Kilcu...
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Selling Agent

This property is Sale Agreed

Jordan Auctioneers and Chartered Surveyors
Edward St Newbridge Co.Kildare

Contact Name: Stephen Talbot BSc (Surv) MSCSI, MRICS

PSR Licence Number: 001536

Show Number
This Investment Property For Sale located at Kilcullen Industrial Estate, Kilcullen, Co. Kildare is currently for sale. This property was last updated by Jordan Auctioneers and Chartered Surveyors 43 days ago. Kilcullen Industrial Estate, Kilcullen, Co. Kildare is priced as: €650,000 and has 12,000 sq. feet (1,115 sq. metres). View all properties for sale in Kilcullen, Co. Kildare. View investment property for sale in Kilcullen, Co. Kildare.
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Kilcullen Industrial Estate, Kilcullen, Co. Kildare