Tuesday, 20 March 2018

PRESS RELEASE - C. 48.75 ACRES AT MOORETOWN AND C. 58 ACRES AT LADYTOWN, NEWBRIDGE, CO. KILDARE





58 Acres at Ladytown &
48.75 Acres Mooretown, Naas, Co. Kildare

Jordan Auctioneers, Newbridge are bringing to the market two strategic land holdings located between Naas and Newbridge extending to an area of almost 107 acres for sale by Public Auction.

Both holdings are situated on the southern side of the R445 between Naas and Newbridge. This is a pivotal location offering immediate access to the M7, M50, M8 and M9 Motorways. The Sallins Bypass and Third Lane from Naas South to the Waterford turn off/M9 which has recently commenced construction will further benefit accessibility in the area and will include the full upgrade of the Newhall Interchange.

The lands are close to a number of Industrial Parks/ Business Campuses including Naas Enterprise Park, M7 Business Park and Newhall Retail Park. Some of the leading retailers have their primary Irish distribution centres in the adjacent area including Aldi, Lidl, Primark and DSV with Kerry Group & Irish Commercials also close by at Millennium Park.

The first holding in sale comprises 48.75 acres at Mooretown which is directly opposite Naas Enterprise Park and comprises 19.73 hectares (48.75 acres) of top quality lands, all currently in arable use and laid out in 4 divisions. There is extensive frontage onto the R445 and the property is ideal for a number of uses (subject to obtaining the necessary Planning Permission).

The second holding comprises 23.47 hectares (58 acres) of lands at Ladytown, all currently in grass and laid out in 7 divisions. There is frontage onto the R445 and also a local road. A compact 3 bedroom bungalow is included in this section (in need of renovation).

Neither of the properties are currently zoned but they are close to a number of existing Industrial / Commercial developments and there is the possibility of some future potential. The Naas Town Plan which will cover the environs is currently up for review.

Speaking about the properties Clive Kavanagh of the selling agents expects good interest levels considering the prime location, accessibility and the quality of the lands. He also states that there might be some long term development potential with the holdings so they could suit land bankers, or pension funds looking for suitable opportunities with growth potential.

Jordans are quoting €12,000 per acre for both holdings and the Auction is scheduled for Wednesday the 18th April 2018 @ 3pm in the Keadeen Hotel, Newbridge (unless previously sold). Additional information is available by contacting Paddy Jordan or Clive Kavanagh on 045 – 433550.



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