A brand new purpose-built and highly efficient retail building with ancillary storage, offices and staffaccommodation along with passenger lifts and travellator extending to approx. 2,445 sq m GIA.
Located in the rapidly expanding suburb of Ashtown providing an established and growing residential catchment that underpins the supermarketâ€™s viability, the building will be fully let to Aldi Stores (Ireland) Limited on a 25x5 year FRI lease at an estimated passing rent of €412,320 per annum.
Aldi currently enjoys 11.5% of the Irish Grocery Market and represents a very strong and secure covenant.
Royal Canal Park forms part of the wider expanding suburb of Ashtown in Dublin 15, which has seen considerable residential development from some of the countryâ€™s most established house builders in recent times. The area is well served by excellent public transport links. The green line Luas connects Broombridge Luas station (10 minute walk from Royal Canal Park) with the city centre as well as with Dundrum and southern suburbs. Dublin Bus route 120 links Royal Canal Park with Parnell Street in the city centre and from there with the Luas Cross City. Planning permission for a train station at Royal Canal Park has been approved and Ashtown train station is also just a ten minute walk away â€“ providing commuters with easy access to Maynooth, Connolly Station and Pearse St Station. The Navan Road provides Royal Canal Park with convenient access both to the M50 and to Dublin City Centre.