Park Pointe Retail Centre, Park Pointe is a high-profile, income-generating retail investment

€3,750,000 1640.75 m2
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Description

Park Pointe extends to approximately 17,661 Sq Ft (1,641 Sq M) and has established itself as a popular convenience centre for local residents of nearby developments as well as passing trade. Due to its strategic location, Park Pointe successfully serves the nearby catchment areas of Dun Laoghaire, Monkstown, Dalkey, Sallynoggin, and Deansgrange. The centre is 100% let and in high demand, with all occupiers well established, drawing strong footfall through the scheme. Park Pointe is a modern, well maintained retail centre and features an L-shaped block with a mix of single-storey and two-storey retail units fronting onto Glenageary Road Upper. The tenants include Base Pizza, L’Ombré Hair & Beauty Salon, Boots Pharmacy and TC Matthews Carpets Ltd, all located at ground level, while Platinum Pilates and Results Fitness are situated at lower ground level. In addition, there are self-service laundry units located on site and ample surface car parking spaces.

Features

Established, successful retail centre, enjoying 100% occupancy Current rental income of approximately €318,100 per annum Extending to approximately 17,661 Sq Ft (1,641 Sq M) WAULT to break of circa. 5.6 years and to expiry of circa. 7.4 years Generous surface car parking for 104 cars and 15 undercroft spaces Excellent profile and accessibility, fronting onto Glenageary Road Strong catchment location – 1.17 million people within 30-minute drive time

BER Details

BER rating B2 to G

Directions

Park Pointe is situated in the coastal town of Dun Laoghaire, Co. Dublin, approximately 12 km southeast of Dublin City Centre. Dun Laoghaire has a population of approximately 233,860 and is a busy port and harbour town. It has an excellent road network and is in close proximity to key routes, namely the N11 and N31. Dun Laoghaire benefits from excellent public transport. The DART train line serves the town, in addition to the South Eastern Commuter service and main line service from Dublin to Rosslare. The town is also well served by Dublin Bus services. The nearest bus stops to Park Pointe are situated approximately 350 meters away on Kill Avenue and approximately 750 meters away on Glenageary Avenue.

Negotiator

Fergus O'Farrell
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Savills Commercial Investments
Savills Commercial Investments
Tel: 01 61...
PSRA Licence No. 002233

Date created: Sep 7, 2023

Savills Commercial Investments
Savills Commercial Investments
PSRA Licence No. 002233
Call Agent: 01 61...