Investment opportunity in Athenry

Patrick Cormican.

Patrick Cormican.

On foot of An Bord Pleanála's welcome decision to grant permission to Apple to construct an €850 million data centre in Athenry, which represents a great boost for the local area’s economy, Lambert Smith Hampton has brought an excellent investment opportunity in the town to the market.

The subject property is located within Raheen Industrial Estate and benefits from a high profile location on Raheen Road, with neighbouring occupiers including the Brothers of Charity Skylark Day Centre, Byrne-Mech Engineering, Pavement Management Services Ltd, Specialised Timber Services Ltd, Q Tek Manufacturing Ltd, and the Athenry Primary Care Centre.

The property consists of a two storey detached industrial unit extending to approximately 2,378sq m (25,600sq ft ). The property stands on a concrete covered site of approximately 0.36 hectares (0.89 acres ) and benefits from ample on-site car parking to the front and circulation/loading space to the rear.

The property is fully occupied with a total rental income currently being achieved of €27,000 per annum. The ground floor is occupied by Kreation Kitchens and comprises a kitchen showroom to the front with manufacturing and storage to the rear. District Health and Fitness occupies the first floor, which is fitted out as a gym and fitness centre. The property is being sold with tenants in place.

The property is for sale by private treaty with a guide price of €350,000.

For further details or to arrange an inspection, contact Patrick Cormican on 091 865333.

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