Kilcullen Industrial Estate, Kilcullen, Co. Kildare
€650,000
Sold - Investment - Industrial Units - 12,000 sq.ft.
€650,000
Sold - Investment - Industrial Units - 12,000 sq.ft.
€650,000
Sold - Investment - Industrial Units - 12,000 sq.ft.
Kilcullen Industrial Estate, Kilcullen, Co. Kildare
FEATURES
Price: €650,000
Area: 12,000 sq.ft. / c. 1,115 sq.m.
Status: Sold
Property Type: Investment / Industrial Units
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, Kilcullen, Co. Kildare
PRIME INVESTMENT OPPORTUNITY POTENTIAL TO INCREASE RENTAL INCOME
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.
SERVICES
We understand that all main services are connected or available to each property.
ZONING
The property is zoned Objective H: “Industry & Warehousing” under the Kilcullen Local Area Plan 2014 – 2020.
BER E2 & G
TITLE
Freehold
