Description
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Beds | |
Price | Sold |
Property Type | Investment Property |
Size | 2131.95 meters2 |
Energy Rating | BER- |
Refreshed on | |
Eircode | N37 VX5 |
Group Name | O'Neill & Company Chartered Surveyors and Auctioneers Ltd |
Sales License Number | 001224 |
Description
Athlone is the commercial and industrial capital of the midlands, located along the N6 (Dublin- Galway) and N55 (Limerick-Cavan- Northern Ireland) transport routes. The town also benefits from mainline rail connections. The towns status as a major midland commercial centre has been boosted by recent retail expansions in the town including the extension of the Golden Island shopping complex along with the 80,000 sq. m. Athlone Town Centre Development. The complex is located at Monksland with easy access to and from the main Dublin & Galway routes as well as the roads to the Athlone Town centre and the larger provincial towns of Ballinasloe, Tuam, Roscommon & Mullingar. Neighbouring occupiers include KIA Motors,Pat McDonnell Paints and Savoury Fare. Description The overall property comprises a large industrial/warehouse development situated on a site area of 1.34 acres. The property was developed in the early 2000's that comprises a number of individual warehouses with office accommodation situated to the front of the development. The property is built in a combination of concrete block walls, double skin clad roof with 20% perspex roof lighting. The warehouse units are fitted with automated roller shutter doors to the front with fire exits to rear. The warehouses units' height average 9m. The office element of the development is situated to the front of the property and is arranged over ground and first floor with independent access from the front. The office is completed to a high level of specification to include CAT 5 cabling, perimeter trunking, suspended ceilings, floor covering, air conditioning and heating system, comms, toilets and canteen facilities. The property is fitted with intruder and fire alarm systems in addition to CCTV. The property has generous designated customer and staff car parking to the front and side of the building. Tenancy The property is leased to various tenants include Involve, UPC and Jump for Joy Playcentre. The current passing rent on the entire development equates to €63,000 per annum exclusive.
Date created: Jun 14, 2018