Kilmallock Enterprise Centre, Kilmallock, Co. Limerick
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€850,000
Investment Property For SaleRating:
Contact Name: Gordon Kearney MRICS MSCSI
Selling Agent:
Rooney Auctioneers - Limerick/Galway
PSR Licence Number: 002593
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Property Description
FULLY LET
ATTRACTIVE YIELD
TENANTS NOT AFFECTED
LOCATION
The industrial/warehouse properties are situated in the Kilmallock Enterprise Centre in the Kilmallock Road, Limerick. Kilmallock Enterprise Centre is situated on the R512 as you travel from Limerick toward Kilmallock. Kilmallock Enterprise Centre is situated approx. 2.5km from Limerick City Centre and approx. 3km from junction 24 of the M7 motorway.
DESCRIPTION
Six industrial/warehouse units form part of an industrial/warehouse estate known as Kilmallock Enterprise Centre. The portfolio also includes a communal area within the Kilmallock Enterprise Centre and two sites which have planning permission for the construction of additional industrial units of approx. 21,000ft².
TENANCIES
TENANT UNIT NO. SIZE - SQ.FT RENT PER MONTH
The Fit Factory 1 4,951 €1,250.12
Southside Barbell 2 5,048 €1,325.00
Novak Bakery 4 2,627 € 700.00
Hangers Limerick 5 2,627 € 700.00
Ap Expert Services 6 2,659 € 700.00
Mroz Garage 7 2,659 € 800.00
   €5,475.12
TOTAL ANNUAL RENT €65,701.44
PLANNING PERMISSION
Planning has been granted under planning ref. no. 19491 for the construction of approx. 21,000ft² of warehouse/industrial accommodation.
COMMENT
Excellent opportunity to acquire an investment portfolio producing an attractive annual income alongside development potential on two sites with full planning permission.
These Particulars and Terms are issued by Rooney Auctioneers (Limerick) Limited on the agreed understanding that all negotiations in respect of the property mentioned, are and will be conducted through them. Whilst every care has been taken in preparing these Particulars and Terms of the said property, Rooney Auctioneers (Limerick) Limited do not warrant these Particulars and Terms or any representations made by them about the property and all intending purchasers/lessees should satisfy themselves as to the correctness and/or accuracy of the information given. Rooney Auctioneers (Limerick) Limited shall further not be liable for any loss or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.
BER Details
Energy Performance Indicator: 0.00 kWh/m2/yr
This property was last updated: 10 days ago
