Former Longford B3 Cables plant goes on the market

The site of the former B3 Cable company in Longford town - which went into receivership last July with the loss of 104 jobs - has been placed on the market with an asking price of €2.25m.

The site of the former B3 Cable company in Longford town - which went into receivership last July with the loss of 104 jobs - has been placed on the market with an asking price of €2.25m.

Liquidators, who were subsequently appointed to the troubled company following its takeover by receivers during the summer of last year, placed the site at Aughafad, Longford on the market earlier this month.

It comprises a detached industrial premises approximately 11,665 sq m, with 733 sq m of two storey office and staff accommodation located 2km south west of the Longford town and situated on approximately 2.71ha of land.

The industrial premises which served as a successful manufacturing plant for B3 Cable Solutions in Longford town for over 30 years, delivered high quality cabling products and world class supply chain solutions to blue chip companies across Europe, Asia and the Middle East.

“The building is of steel portal frame construction with double skin insulated pitched metal deck roof, incorporating roof lights in the fire vents,” Cathal Daughton, Lisney Retail Agency explained. “The production area has concrete floors, is accessed via six roller shutter doors and has an eaves height of approximately 6.75m. There is an excellent loading ramp in the yard to the east side of the property with excellent hard standing for external storage.”

All main services are supplied and connected to the property including water, electricity (three phase), drainage, sewerage and telephone. There is also a sprinkler system throughout the building fed by an on-site tank and pump house.

“We have had a number of calls in relation to the sale of the property,” said Mr Daughton. “Regardless of the economy, there will always be a certain level of interest in a commercial property like the former B3 Cable Solutions site in Longford and it is on the market at €2.25m which is set in today’s market.

“We have no idea at this stage how long it will take to sell the site but it would be very positive to see a new company in there that would employ local people.

“This in turn would benefit the local economy and that would, of course, be a very positive thing.

“There is still plant and machinery at the site, which has been sold by the receiver, but we are hopeful that all this will be removed from the site by June of this year.”