Distribution Facility Sale in Naas Enterprise Park
Bannon has recently completed the sale of an extensive 45,500 sq.ft warehouse/distribution centre in Naas Enterprise Park, Co. Kildare (formerly Toughers Industrial Estate).
The modern facility was let to Pharmapac Ltd at an annual rent of €132,000 from April 2015. The sale price equates to an net initial yield of just over 10% to the incoming purchaser, a domestic investment fund.
