Warehouse investment for €1.25m

JP McDonagh of GVA Donal Ó Buachalla is seeking €1,250,000 for a modern warehouse investment at Toughers Business Park in Naas, Co Kildare, which is being sold on the instructions of receivers.

The property is located close to junction 10 of the M7 motorway and is almost equidistant from the towns of Naas and Newbridge.

The 3,133sq m (33,728sq ft) building is let to DSG Packaging on a 20-year lease from
2000. The current rent of €144,000 is due to rise to €170,000 from February 2015 until the lease expires in 2023.

Jack Fagan

Jack Fagan

Jack Fagan is the former commercial-property editor of The Irish Times