Landmark large property in Tullamore on the market for undisclosed amount
Landmark large property in Tullamore on the market for undisclosed amount
A landmark commercial property on a large site in Tullamore is on the market for an undisclosed amount.
Located on the Charleville Road opposite the Offaly County Council offices and adjacent to Tullamore train station, it is described as an exceptional opportunity to acquire a substantial industrial and commercial facility comprising approximately 58,400 sq/ft of warehouse and office space. It is situated on 5.57 acres of land that is zoned mixed-use town centre.
Currently operating as a bonded warehouse, the listing says the property is fully let on a four-year lease generating a strong rental income of €320,000 per annum, with the current tenant occupying the property since 1990. It is described as an ideal income-producing asset with significant future development potential.
It is further described as presenting an excellent opportunity for redevelopment, expansion or repositioning in the medium to long term.
Currently on the market, the price is available on application only.