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Warehouse Facility
Charleville Road
Tullamore
Co. Offaly
Description
Currently operating as a bonded warehouse, the property is fully let on a 4-year lease generating a strong rental income of €320,000 per annum, with the current tenant occupying the property since 1990 making this an ideal income-producing asset with significant future development potential.
Key Investment Highlights
• Total Floor Area: Approx. 58,400 ft2 including warehouse, offices, and ancillary buildings
• Current Use: Bonded warehouse facility – fully operational
• Income: €320,000 (4-year lease in place)
• Site Area: Approx. 5.57 acres with mixed-use zoning, offering future development potential
• Strategic Location:
o Opposite Tullamore Train Station
o Close proximity to Tullamore Town Centre and key transport links
• Construction:
o Steel frame structure with concrete floors
o Block walls with plaster finish
o Pitched roofs and extensive hardstanding
Accommodation Overview
Building 1
• Offices (2 Floors) – approx. 6,200 ft2
• Warehouse A – approx. 28,200 ft2.
• Warehouse B – approx. 14,000 ft2
• Warehouse C – approx. 3,000 ft2.
Building 2
• Warehouse/Workshop – approx. 4,000 ft2
Gate Lodge – approx. 240 ft2
Covered Loading Area – approx. 2,800 ft2
Total Warehouse Space Utilised: Approx. 49,000 ft2
Special Features
• Fully operational bonded warehouse facility
• Offices to front over two floors (require modernisation)
• Gate lodge at entrance
• Outdoor car parking and yard space
• Workshop and loading facilities
• Strong physical infrastructure: steel frame, concrete floors, block walls
• Zoned Mixed Use – suitable for a variety of future commercial or residential schemes
Development & Upside Potential
With its central location, substantial landholding, and zoned designation, this property not only delivers solid current income, but also presents an excellent opportunity for redevelopment, expansion, or repositioning in the medium to long term.
Features
Bonded warehouse
Pitched roof
Offices in need of moderisation
Gate lodge
5.6 acres zoned
Work shop
Outdoor carparking
Steel frame, block walls
Office space to front, over 2 floors
Built 1974
Concrete floors
Rooms
Offices 576m 6,200sq.ft., two floors.
Warehouse A 2,621m 28,200sq.ft.
Warehouse B 1,301m 14,000sq.ft.
Warehouse C 279m 3,000sq.ft.
Building 2 372m 4,000sq,ft.
Gate Lodge 22m 240sq.ft.
Covered Loading Area 260m 2,800sq.ft.
About the Area
Tullamore (Irish: Tulach Mhór) was designated a 'gateway' town in late 2003, making it eligible for increased infrastructural investment. Charleville Estate is located on the edge of the town; one of Ireland's most splendid Gothic buildings. Tullamore is an ideal base for discovering the Slieve Bloom Mountains, which have panoramic views of the surrounding lowlands. Tullamore has traditionally been an important industrial, retail and services centre for Offaly. In recent years, more high end employment has been brought to the town with the opening of industrial estates. The Bridge Centre and Tullamore retail park have a mix of shops serving the wider community.
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