Units 3, 4 & 5, Swords Retail Centre, Swords, Co. Dublin – FOR SALE

Units 3, 4 & 5, Swords Retail Centre, Swords, Co. Dublin – FOR SALE

Location: Dublin North
Size: 462 sq.m
Price: €2,025,000
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FOR SALE

RETAIL INVESTMENT OPPORTUNITY

  • Units 3, 4 & 5, Swords Retail Centre, Swords, Co. Dublin
  • Centrally located in Swords with large established residential catchment
  • Long Leases
  • Fully let with Passing Rent 184,250
  • Available in one or more lots

Unit 3, Ground Floor Level, Swords Retail Centre

Tenant: Triode Newhill LHP Ltd   Guarantee BWG Foods.

Tenancy: Let on a 25×5 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)

Note: The shop is sub-let to the Irish Cancer Society.

 

Unit 4, Ground Floor Level, Swords Retail Centre (McNamara’s Pharmacy)

Tenant: McNamara’s Pharmacy

Tenancy: Let on a 25×5 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, Swords Retail Centre (Eddie Rockets)

Tenant: T/A Eddie Rockets. Guaranteed.

Tenancy: Let on a 25×5 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 (2,000 sq.ft)

 

LOCATION:

These properties are located in Swords Town Centre, on a pivotal corner position at the junction of Dublin Road and Forest Road.

The 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 located close-by.

DESCRIPTION:

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 p.a. with a short term reduction to 184,250 p.a.

 TITLE: 

Good Marketable Title.

 VIEWING:

Strictly by Appointment.