Merlin Car Auction Facility, M7 Motor Park, Naas, Co. Kildare
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Auction
- Lot 1
- Ireland
- Industrial
- Commercial
Property Summary
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Property description
- Situated approx. 4km west of Naas Town, immediately northwest of both Junction 10 of the M7 Motorway and the R445 Dublin Road.
- Comprising a purpose-built car auction facility situated on a regular shaped site extending to approx. 5.94ha. (14.7 acres).
- Total floor area extending to approximately 21,120 sq.ft excluding canopy space of approximately 30,731 sq.ft.
- The entire property is subject to a lease in favour of Ganly Craigie for a term of 5 years from 21.09.2017.
- Stepped rent ranging from €180,000 p.a. (Year 1) rising to €250,000 p.a. (Year 4&5).
- Guide price of €1,800,000 (equates to a net initial yield of approx. 9.22%).
Tenure
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*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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