Property Description:
RESERVE RANGE
€360,000 - €400,000 For Sale by Public Auction on 18th February at 12:00 at Royal Dublin Society (RDS), Merrion Road, Ballsbridge, Dublin 4
A substantial warehouse investment.
Extending to approximately 9,290 sq. m (100,000 sq. ft).
Situated on a site extending to approximately 4.04 hectares (10 acres).
Entire let to Alpha Tank Ltd.
Lease expiry 2016.
Potential for redevelopment (subject to obtaining all necessary consents).
Town centre location.

Please refer to the legal documents.
Location Clones is a town in Co. Monaghan.
The town is situated approximately 54km north west of Dundalk and approximately 57km west of Newry. Dublin is situated approximately 130km south east of Clones.
The area is served by the N2, N12 and the N54. The N2 provides access to the M1 which in turn links Dublin and Belfast.
The property is situated on the western side of the N54 approximately 0.5km north west of Clones.

Description
The property is arranged over ground and first floors to provide a number of industrial and warehouse units. The properties are situated on a wider 4.04 hectare site (10 acres).

Tenancy
The entire property is at present let to Alpha Tank Ltd for a term of 3 years from 01.02.2013 at a current rent of €54,000 per annum, exclusive of rates and VAT. The lease provides for full repairing and insuring covenants.

Accommodation
The property was not internally inspected or measured by Allsop Space. The information was provided by the Vendor. We are informed that the property provides:

Column 1Column 2Column 3Warehouse8,733 sq. m(94,000 sq. ft)Office557 sq. m(6,000 sq. ft)Total9,290 sq. m(100,000 sq. ft)