The Plaza presents a rare opportunity to buy a significant mixed-use investment with extensive asset management potential. The property is a modern office, hotel and retail development with significant asset management and development potential/ Located in the centre of Tallaght with extensive frontage to the N81 the property benefits from excellent transport links and represents a significant mixed use investment opportunity.
The entire building extends to a total area of 18,319 sq m (197,181 sq ft) and includes 371 car parking spaces at basement and surface levels.
The Plaza Hotel, which is available with vacant possession, is laid out over 6 floors and includes banqueting rooms, meeting rooms and food and beverage.
Two of the three retail units are occupied by Fitzpatricks Club and Low Price Supermarkets Ltd. The Plaza provides for very generous surface car parking.
There are over 500 car parking spaces provided in the double basement and at surface level.
The office accommodation is laid out over the first, fourth and fifth floors. The fifth floor is currently vacant while the first and fourth floors are let to the OPW under long term leases.
The total rent from the offices and retail units is €652,350 with a lease WAULT of over 7 years
There is significant asset management opportunities to include refurbishment of the hotel, letting of vacant office accommodation and possible extension to the block subject to obtaining the necessary planning permissions.
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