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POA
Refreshed on: 14/03/2018

Units 3, 4 & 5, Swords Retail Centre, Dublin

Investment Property


Description

Excellent Retail Investments with BWG, McNamara Pharmacy & Eddie Rockets.
Centrally located in Swords with large established residential catchment.

This retail investment comprises three household names situated on the ground floor of a two-storey scheme with residential overhead. There is customer car-parking to the rear.

The Total Reserved Rent is €221,000 per annum with a short term reduction to €184,250 per annum.

Accommodation

UNIT 3 - GROUND FLOOR LEVEL

Tenant: Triode Newhill LHP Ltd. Guarantee - BWG Foods.

Tenancy: Let to Spar on a 25 x 5 year FRI Lease from 14th July 1996 with upward only rent reviews. Next Review 2016. Expires 2021.

Lease Rent: €72,000 per annum

Passing Rent: €57,600 per annum

Accommodation: Approx 141sq.m (1,517sq.ft)

This shop is sub-let to the Irish Cancer Society


UNIT 4 - GROUND FLOOR LEVEL (MCNAMARA'S PHARMACY)

Tenant: McNamara's Pharmacy

Tenancy: Let on a 25x5 year FRI Lease from 30th September 1996 with upward only rent reviews. Next Review 2016. Expires 2021

Lease Rent: €59,000 per annum

Passing Rent: €50,150 per annum

Accommodation: Approx 135sq.m (1,450sq.ft)


UNIT 5 - GROUND FLOOR LEVEL (EDDIE ROCKETS)

Tenant: T/A Eddie Rockets. Guaranteed

Tenancy: Let on a 25x5 year FRI Lease from 31st August 1995 with upward only rent reviews. Next Review 2015. Expires 2020

Lease Rent: €90,000 per annum

Passing Rent: €76,500 per annum

Accommodation: Approx 186sq.m (2,000sq.ft)

Features

Long Leases

Fully Let with Lease Rent of €221,000 p/a with short term reduction to €184,250 p/a

Available in one or more lots

Good Marketable Title

Directions

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 Penneys which connec ...

Mervyn Feely and Associates

1st Floor, 23a Seafield Road, Blackrock, Co. Dublin. Eircode A94DX27

Tel: 01 219 6680



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