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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.

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