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Sale Agreed

2 No Industrial Property Investments & c 2 Acres of Zoned Development Lands, Former Sugar Factory, Tuam, County Galwy

Guide Price

€575,000

Investment

Location of 2 No Industrial Property Investments & c 2 Acres of Zoned Development Lands

The site is located on the R332 Kilmaine/Ballinrobe Road 300 metres off the junction of the N17 and the M17 intersection and is 1km from the town centre of Tuam.

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features

  • Located 11 kms from the town centre of Tuam and 300m of N17/M17 intersection
  • Unique opportunity to purchase a significant property investment with further development potential SPP
  • Currently producing an annual rent of €60,000
  • All are zoned Industrial under the Tuam Development Plan
  • Connected to all main services
  • Of interest to Investor and Developers

description

 

LOCATION

The site is located on the R332 Kilmaine/Ballinrobe Road 300 metres off the junction of the N17 and the M17 intersection and is 1km from the town centre of Tuam. This is a mixed-use, residential and industrial area. Occupiers within the subject development include the RSA Testing Centre, 4 X4 Spares and an NCT Testing centre.

 

Tuam is a relatively large commercial centre positioned in north County Galway 33kms from Galway City. Benefitting from excellent road connectivity, it is likely to become an increasingly important centre of business in the region.

 

DESCRIPTION

A substantial commercial development on the site for the former Tuam Sugar Factory site which has been in and associated with industry locally for many years. The property is in two distinct sections. As you enter the property, to the right hand side there is an undeveloped site. The 2 no industrial units are located at the southwest section of the sites and adjoining one another.

 

SITE

Positioned to the right (west) of the estate road is an undeveloped irregular shaped site.  It has a substantial amount of road frontage to the main public road and also the estate road and is therefore quiet high profile. The site extends to c 0.8 Hectares (2.0 Acres) and is relatively flat.  There is a single entrance gate positioned along the estate road which provides access onto the site and over a roadway which runs across the site.  At the northwest side of the lands is a disused single storey pumping station which is derelict. Whilst this does not form part of the subject property, a right of way exists to access it.

 

INDUSTRIAL UNIT 1

(Wool Merchants)

This is a substantial mid terraced industrial property arranged essentially in three large open plans sections. It is of steel frame construction with rendered concrete block walls under a profile sheeting roof. There is a roller shutter door to the side. Internally the property has a basic finish with block walls and concrete floors. At the rear of the property is a small two storey section provided toilets, kitchen and small office. The eaves Height is 6.3m

BER B2 800650285 Connaught Wool

 

INDUSTRIAL UNIT 2

(Machinery Dealership & Workshop)

This property is located at the end of the site and is attached to the Unit 1 buildings which share a common wall. It is arranged as two adjoining units providing a range of open plan warehouses/workshops together with a smaller store and open plan retail showroom and offices. It is constructed of a steel portal frame with part block walls and profile cladding walls and roof. The shows rooms and office are fully fitted out. The front of the property is a full fenced and secure yard with a steel parameter fence allowing a large area of parking, deliveries and storage. The eaves heights in the main building is split with one section being 10.55 and the lower section 6.2m

BER B3  800650293 Temple Tuohy

 

FLOOR AREA

Building 1                             1,436sq.m (15,46sq.ft)

Building 2                             1,364sq.m (14,684sq.ft)

Total                                  2,800sq.m  (30,139sq.ft

 

 

 

SERVICES

We understand that the lands/properties are/or can be connected to all mains services available which includes Water, Sewerage, Electricity and Telecoms.

 

ZONING

The entire property is located within the urban boundary of Tuam and therefore is covered under the Tuam and Environs Local Area Development Plan 2011-2017 in which it is zoned Industrial.

 

TENURE

The Freehold/Long leasehold of the property is being offered for sale subject to the 2 tenancies.  Information n same is available on request.

 

Combined gross passing rent €60,000 per annum.

 

GUIDE PRICE: €575,000

 

VIEWINGS

All viewings are strictly by appointment through the sole agents, Tuohy O'Toole (098) 28000, www.tot.ie. Contact Gerard O'Toole- gerard@tot.ie

 

Property Costs

  • Status: Sale Agreed
  • Guide Price€575,000

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Contact Agent

Tuohy O'Toole
North Mall

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