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Former shopping centre in the Midlands goes up for sale for staggering amount

The shopping outlet was recently advertised for sale, at one seventh of its original construction cost.

A former shopping centre in the Midlands has gone up for sale for a staggering amount. The former shopping outlet in Rathdowney, Brand Central, has gone up for sale. The property is advertised for a cool €7,200,000. More information on the story below image.

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Photos: Courtesy of Daft.ie.

The building has not operated as a shopping centre for a number of years, and has been operating as a remote hub.

The hub offers vibrant space for hot desks, individual offices and potential for commercial lettings, with state-of-the-art facilities for companies in and around Rathdowney.

For Sale by private treaty, the whopping 10126 m² outlet first opened in 2001, with its construction costing £42 million pounds at the time.

This is a prime property situated on a 13-acre site just 5-minutes walk from Rathdowney town.

This expansive 109,000 sq ft property offers a versatile layout and impressive facilities.

The outlet sits on a 109,000 sq ft on a 13-acre site, with over 650 car parking spaces.

A five minute walk into Rathdowney town, it is adjacent to Mr. Price and two minutes from Dunnes Stores.

The building is all on one ground floor level, offering wheelchair accesiblity and 20 entry/exit points.

The building is made up of 31 individual units ranging from 1,000 sq ft to 6,500 sq ft, with all units easily subdividable.

Each unit includes a toilet and small kitchen unit, with potential for additional bathrooms to be added.

-Common Areas: 32 WCs, disabled toilets, and baby changing facilities.

The location of this property offers benefits such as convenience and transport links- it is a five-minute walk to the bus stop with connections to Portlaoise (30 mins), Roscrea (10 mins), and a 4-mile drive to Ballybrophy Railway Station.

This property, in very good condition, offers significant potential. The height of each unit is more than adequate.

Ready for immediate purchase, it is an opportunity to invest in a property with substantial capacity, excellent facilities, and a prime location in South County Laois. 

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