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K1-K4 Eastway Business Park Limerick

Sale Agreed, For Sale

Modern warehousing/distribution building extending to a gross external floor area of approximately 3,748 sq.m. (40,343 sq.ft.) situated on a site extending to 0.90 hectares (2.22 acres).
Currently sub-divided internally into 3 no. separate units with potential for further internal sub-division.
Approximately 50% of the building is currently occupied by 2 no. separate tenants producing a total annual rent of €68,158 per annum (exclusive).
The remaining 50% of the building is occupied under a short-term ‘caretakers’ agreement with the occupier of Unit’s K1B & K2.
Extensive on site car parking and circulation space.
The property is occupied by Castle Electrical Factors Limited trading as CEF is a private limited company established in Ireland in 2007. The company trades throughout Ireland from 13 regional branches; and FWC & C Limited is a private limited company established in Ireland in 2009. The company is involved in the trade and sale of furniture, household goods and hardware.
Price: €1,300,000 (ex VAT)

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