{
"PropertyId": 4277377,
"Address": {
"FullAddress": "Wilton Shopping Centre, Sarsfield Road, Wilton, Cork",
"Town": "Wilton",
"County": "Cork City",
"Eircode": ""
},
"Location": {
"Latitude": 51.8809226,
"Longitude": -8.5104809
},
"PropertyDetails": {
"Type": "Investment Property",
"FloorAreaSqM": 11277,
"Features": []
},
"BrochureContent": [
{
"ContentType": "Description",
"Content": "Wilton Shopping Centre is an excellent retail investment opportunity with significant mixed-use development potential."
},
{
"ContentType": "Viewing Information",
"Content": "Wilton Shopping Centre was constructed in 1979 and extended in 2003/2004. It includes approx. 11,277 sq m (121,388 sq ft) of retail space, excluding the Tesco store, and stands on a site of approx. 11 acres. \r\nThe anchor tenants are Penneys and Tesco (owner occupied). Other key retailers include Peter Mark, Euro Giant, Easons, KBC, EBS Ltd, Boots, New Look, Lifestyle Sports and Specsavers.\r\nThere is an impressive footfall of over 5.5 million per annum. The centre retains virtually 100% occupancy.\r\nThe net operating income (NOI) for the centre is approximately €5.54m.\r\nThe WAULT is 7.3 years (to break).\r\nThere are over 1,000 car parking spaces. \r\nNotification of Decision to Grant was recently received for a mixed-use development of approx. 39,121 sq m (421,095 sq ft) on the centre's northern section, offering the opportunity to significantly develop and build upon the existing scheme.\r\nWilton Shopping Centre is situated within the established and accessible Bishopstown and Wilton suburb, 3km south west of Cork City Centre, opposite Cork University Hospital. Nearby is University College Cork to the north east and Cork Institute of Technology to the north west. The centre has a large catchment of ca. 200,000 people within 15 minutes' drive. The South Link/N22 bypass to the south provides excellent access to the east/west and south of the city, with the Wilton Road connecting the northside of the city.\r\nGuiding in excess of €86 million.\r\nFor the avoidance of doubt, this is an investment sale and tenants are unaffected."
}
],
"Price": {
"Display": "€86,000,000",
"Value": 86000000,
"Currency": "EUR"
},
"Media": {
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},
"Agent": {
"Name": "Savills Commercial Investments",
"Logo": "https://photos-a.propertyimages.ie/groups/6/2/3/261326/logo.jpg"
},
"Listing": {
"Status": "For Rent",
"DateListed": "10 Sept 2018"
}
}