Balally Shopping Centre is predominantly a single storey neighbourhood scheme that is anchored by SuperValu, with approximately 13 additional retail units. The shopping centre benefits from access off Blackthorn Drive and there is ample car parking for customers visiting the scheme.
The supermarket comprises of three units. Units 12 and 19 are both ground floor units that are interconnected to make up the main retail area to the front of the property. Unit 12 comprises of a Post Office and service tills. Unit 19 comprises of the main grocery store with an office, kitchen, storage area and a WC to the rear. Unit 16, 17 & 18 is a separate two storey unit that can be accessed to the rear of the supermarket. The unit is used for ancillary storage purposes.
Fully occupied. Trading as SuperValu
WAULT of 8.5 years
The property extends to 11,443 sq. ft. of retail and storage
Passing Rent of €263,200 p.a.
Secure income with upward only rent reviews
Situated in a densely populated affluent Dublin suburb
Musgrave Group has guaranteed Units 12, 16, 17 & 18
Musgrave Group posted revenues of €4.4 billion for 2016
Guide €3.75 million / 6.71 % net initial yield
BER: D1 BER No.800563819
SuperValu Balally is positioned within a densely populated residential area in South Dublin just 3 minutesâ€™ drive from junction 14 on the M50 motorway and a mere two hundred metres from the Beacon Hotel and Hospital. The supermarket benefits from neighbouring schemes such as Sandyford Business Park, Stillorgan Business Park and Central Park, where over 22,000 people are currently employed.
The area is well serviced by public transport.The supermarket is only 1 kilometre south of the Kilmacud Luas stop and there is a Dublin Bus stop conveniently located directly in front of the scheme. Amenities such as Queen of Angels Primary School, which has 257 pupils, and the Church of Ascension are located adjacent to the supermarket.
Other occupiers in the shopping centr ...