‘Beds and Sheds’ sites go live in Laois and Kildare

A significant block of residential development land in Portlaoise, Co Laois – covers approximately 5.36 hectares (13.25 acres) and zoned ‘new housing’ is being brought to market.

ordan Auctioneers, who are handling the sale, are also offering – in a separate sale process – the former Cox’s Cash and Carry distribution center across the county line in Newbridge, Co. Kildare.

So-called “beds and sheds” (residential and logistic) developments have become the busiest part of the market as investors adapt to the long-term implications of working from home and the digitization of the economy.

The residential property offered by Jordan is located on the north side of Dublin Road (R445), just west of the Willow Court development and between the Applegreen petrol station and the Killeshin Hotel.

The site is 2km from Portlaoise town centre, opposite Midland Regional Hospital and 2.5km from junction 16 of the M7.

The block consists of three divisions with natural borders and hedges and is currently covered with grass. A pre-connection reply from Irish Water (June 2021) gives the capacity for the site.

Jordan Auctioneers is offering €215,000 per acre. That makes 2.85 million euros for the 13.25 hectares.

Meanwhile, on the M7 towards Dublin, the same agents offer the old Cox’s Cash and Carry on Athgarvan Road in Newbridge Town.

The warehouse sits on 2.17 acres with double frontage and access from both Athgarvan Road and the Newbridge Industrial Estate.

https://www.independent.ie/business/commercial-property/sites-for-beds-and-sheds-come-on-stream-in-laois-and-kildare-41952099.html ‘Beds and Sheds’ sites go live in Laois and Kildare

Fry Electronics Team

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