Manufacturing plant in Tipperary for sale for €3.4m
Upgraded facility on 8 hectares extends to more than 20,000sq m over two buildings
Aerial view: the Tipperary plant is owned by cosmetics producer Coty Inc
Richard Bielenberg of Colliers International has set the guide price at €3.4 million – a fraction of the cost involved in developing two large buildings with a total floor area of 20,422sq m (219,820sq ft), including 11 ancillary units.
Building 1 extends to 8,985sq m (96,714sq ft), including administration offices, staff canteen, production and packaging areas, R&D laboratories and good warehousing. Building 2 measures 9,480sq m (102,042sq ft) and includes administration offices, production and packaging areas and goods warehousing.
Significant upgrades were made in the past five years to retain the plant’s status as a state-of-the-art manufacturing facility. The upgrades included the provision of a new laboratory, reroofing of part of the facility, and a new staff canteen. A new waste water treatment plant was also installed, along with a new 4-tonne combination boiler.
The plant stands on a site of 7.93 hectares (19.6 acres), all of it zoned for industrial use.