Description
Negotiator
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Beds | |
Price | Sale Agreed |
Property Type | Retail Units |
Size | 279 meters2 |
Energy Rating | BER- |
Refreshed on | |
Eircode | K67 HN26 |
Description
Investment Opportunity For Sale in 1 or 2 Lots with Prime sitting tenants, The Irish Charity Shop & MacNamaras Pharmacy For Sale by Online Auction on March 9th 2023 unless previously sold Lot 1: Both Units 3 & 4 totalling 3000sq.ft. with Rental Income of 83k per annum Price 900,000 Net Initial Yield over 8% following standard purchase costs Lot 2: Either Unit 3 or 4 Price 460,000 per unit UNIT 3 - GROUND FLOOR LEVEL Tenant: The Charity Shop Tenancy: NEW LEASE Let on a 15/5 5 year FRI Lease from 15th July 2021. 5 year Break. Rent: 42,000 per annum Accommodation: Approx 141sq.m (1,517sq.ft) FOR SALE as a separate unit 510,000 UNIT 4, GROUND FLOOR LEVEL (MCNAMARA\`S PHARMACY) Tenant: McNamara`s Pharmacy Tenancy: NEW LEASE Let on a 15/5 5 year FRI Lease from 15th July 2021. 5 year Breaks and 5 year rent reviews Rent: 41,000 per annum Accommodation: Approx 135sq.m (1,450sq.ft) FOR SALE as a separate unit 510,000 These properties are located in Swords Town Centre, on a pivotal corner position at the junction of Dublin Road and Forest Road. This scheme is almost opposite the Swords Central Shopping Centre anchored by Penny`s which connects with The Pavilions Shopping Centre anchored by Dunnes Stores and Supervalue. Swords is located 12kms north of Dublin City Centre, 6.5kms from the M50 and 5km from the Airport. Swords has an extensive residential population of approximately 240,000. Fingal County Council headquarters are also located close-by. The retail investment comprises two retail units situated on the ground floor of a two-storey scheme with residential overhead. There is paid customer car-parking to the rear
Negotiator
Nick Hughes
Date created: May 22, 2023