109-acre farm, once earmarked for major warehousing hub at Togher Portlaoise, for sale

109-acre farm, once earmarked for major warehousing hub at Togher Portlaoise, for sale
Pat Somers pat@leinsterexpress.ie @laoisnews

A 109-acre residential farm at Togher, Portlaoise, which was once earmarked to be the site of the inland port, has come on the market.

The property is on sale on the instruction of the receiver McStay Luby who is the receiver of TK Contract Systems Limited. It is guided at €2.2m for its entirety.

The sellling agents are jointly Marcus Magnier from Colliers International, Dublin and Hume Auctioneers, Portlaoise.

The property's strategic position, adjacent to the motorway, at Junction 17 Portlaoise, made it the presumed location of what was once titled the Inland Port at Togher.

The ambitious plans for the Inland Port complex included a motorway services area, a park-and-ride facility with rail link station, office blocks, retail warehousing and manufacturing quarters.

The land is zoned Enterprise and Employment.

The Colliers International website notes that there is “significant infrastructure already installed by a Local Authority” and the property is “designated as strategic in the natural expansion of Portlaoise.”

It is classed as an “excellent investment opportunity,” with “ideal off-line motorway services site (subject to planning).”