Merlin Car Auction Facility, M7 Motor Park, Naas, Co. Kildare

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Property Details
  • 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%).
QRE Contact
Bryan Garry
bryan.garry@qre.ie
(01) 637 5555
Vendor Solicitor Contact
Patrick Fox
Ivor Fitzpatrick & Company Solicitors
patrick.fox@ivorfitzpatrick.ie
(01) 678 7000
Enquire