Limerick business park to be fully occupied after sales
In late 2019, council purchased the area from Shannon Properties
A BUSINESS park in south Limerick looks set to be fully occupied after councillors green-lit the sale of a series of plots.
Kilmallock Business Park has had many vacant sites for decades.
But in late 2019, council purchased the area from Shannon Properties.
And now, negotiations have concluded with a number of firms which will bring the park into full use.
IC Motor Factors and Tyres are taking two neighbouring one-acre sites in the area, paying a total of €80,000.
Fitzgerald Electrical, which trades from Sarsfield Street in Kilmallock, is taking on a site of just under one-acre, the firm’s bosses paying €40,000 for this.
Martinstown Transport has paid €44,000 for a 1.25-acre patch of land at Kilmallock Business Park.
And a 1.14-acre site has gone to Nigel Doherty, who has paid €40,000.
Since the park - located adjacent to Cahill’s Home Value Hardware - on the Bruree Road out of Kilmallock is now in the ownership of the council, it was left to members to approve the sales.
They duly did this at last month’s council meeting.
Sinn Fein councillor PJ Carey, who works at mask-maker Irema in the estate has welcomed the sale.
“There was eight acres originally available, and Dansko, a local business bought the 2.27 acres. So between this and the other sites, the whole place will now be full,” he said.
Documents presented to councillors showed there were a number of bids on each empty site.
“These sites had been vacant for decades. People do want them, they were calling me, so I was asking, can we not put a For Sale sign up on these. In fairness, the council did just this,” concluded Cllr Carey.