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IrelandDublinDublin 9SantryUnits 3, 4 & 5, Swords Retail Centre, Dublin

€2,025,000

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

Investment Property
#1 of 1 Properties Viewed in Santry
Mervyn Feely and Associates
Mervyn Feely and Associates
Tel: 01 219 6680
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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 connects with the Pavilions Shopping Centre anchored by Dunnes Stores and Superquinn. Swords is located 12kms north of Dublin City Centre, 6.5kms from the M50 and 5kms from the Airport. Swords has an extensive residential population of approximately 240,000. Fingal County Council Headquarters are also located close-by.

Viewing Details

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