Unit 6, Clonminam Industrial Estate, Portlaoise, Co. Laois, R32 FWR3
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Auction
- Lot 157
- Ireland
- Industrial
- Commercial
Sold for €188,000
Property Summary
- A warehouse investment.
- Comprising an end of terrace warehouse unit.
- Extending to approximately 415 sq. m (4,467 sq. ft).
- 5-min drive from M7 and Portlaoise town.
- Let to an individual t/a Laois Stone & Stoves.
- Lease expiry 2031.
- Total current rent reserved €12,000 per annum.
- Net Initial Yield 7.27%
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Property description
The property is arranged to provide an end of terrace warehouse unit. Internally the property is arranged to provide a ground floor warehouse together with part ground and first floor office accommodation. Clonminam Business Park is well located to the west side of Portlaoise town just off junction 17 on the M7 motorway. The property is located just off the Old Knockmay Road within 3km of the M7 motorway. Surrounding occupiers include The Costume Shop, Roll N Bowl and Vision 85.
Total floor area extending to approximately 415 sq. m (4,467 sq. ft).
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
Tenancy
The entire property is at present let to an individual t/a Laois Stone and Stoves for a term of 10 years from 20.05.2021 at a contractual rent of €12,000 per annum. We have been advised by the vendor the property is sublet to an individual t/a Pro Fitters.
VAT
BER Rating
BER Identification Number
800840514
Energy Performance Indicator
345.39 kWh/m²/yr 2.44
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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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