Vincent Finnegan Commercial are delighted to offer for sale this superb creche premises, investment opportunity (tenants not affected). Currently let on a 10 year lease from January 2012 to a long established creche at a passing rent of €45,000. The investment offers an initial return of in the region of 10% after standard purchase costs, with reversionary and development potential.
The property sits on 1/3 of an acre site and consists of the main creche and a detached after school facility.
Naas is the administrative centre of Kildare and one of Ireland's fastest growing towns, boasting excellent commuter links with Dublin (Naas to Dublin city centre via train takes 30 mins). The town is home to a number of large scale employers including Nass General Hospital, the Kerry Group Global Technology and Innovation Centre and has a wealth of leisure and retail amenities.
Mains water, sewerage.
Oil fired central heating.
Large parking area to the front.
Enclosed rear garden.
Main Creche Building 153m2 GIA
After school facility 48m2 GIA