Monasterois Industrial Estate, Edenderry, Co. Offaly

INDUSTRIAL PROPERTY WITH PHONE MAST RENTAL INCOME


1,770 SQ.M. (19,050 SQ.FT.) ON APPROX. 1.6 ACRES

• Established Industrial Location in Edenderry, Co. Offaly
• Accessible to M4/M6/M7 Motorways
• Current Licence Fee (Phone mast Income): €26,367.19 (excl. VAT)
• Industrial Accommodation with Hardcore/Concrete Surfaced Yard
• 2 Storey Office Content
• Suit a Variety of Uses

Location:
The Monasteroris Industrial Estate is an established industrial park located on the western side of Edenderry Town, approx. 1 km west of the Main Street. Adjoining occupiers include Dunvale Fabrications, Holts Building Providers, Eden Aluminium, and the Edenderry Business Campus. Edenderry, with a population of 5,900 (Census 2006), is identified as a Key Service Town in the Midlands Regional Planning Guidelines and benefits from good accessibility to M4, M6 & M7 Motorways, with significant improvement works due to commence on the link road (R402) to the M4.

Description:
The subject property comprises a former steel factory on a regular shaped site extending to approx. 1.6 acres with a large telecommunications mast located in the south west corner. Construction on site includes a large industrial building with a two storey offices to the front, a secondary industrial building to the rear of the site and a small canteen facility. The industrial buildings generally have internal eaves heights of approx. 6 metres. The yard is generally hardcore surfaced with buildings having concrete surfaced surrounds.


Licence (Phone Mast):
The licence agreement is for a 10 year term from October 2006 with Hutchison 3G Ireland Ltd. with additional operators also utilising the mast. The licence fee (2012) is €26,367 (excl. VAT).

Title:
Understood to be Freehold/Long Leasehold.

Rates:
€12,258.20 (2011)

Service Charge:
Not Applicable.

Services:
All mains services connected or available.

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PHONE MAST RENTAL INCOME

Sq.m. Sq.ft.
Main Building: 1414 15,220
(incl. Office Content – 2,270 sq.ft.)
Secondary Building: 307 3,304
Canteen Building: 49 528
Total: 1,770 19,052

By appointment only