Resilient Neighbourhood Investment Opportunity

  • Modern Purpose Built Neighbourhood Centre
  • Extending 2,744.91 sq.m. (29,546 sq.ft.)
  • Excellent tenant line-up includes Musgraves Ltd (trading as Centra), Giraffe Childcare Ltd, McCabe's Pharmacy, Boylesports and Pizza Hut
  • 5.88 years to break - 7.72 years to expiry
  • High Occupancy Rate of 95%
  • Net Operating Income of €682,406 per annum
  • 94 Surface Car Parking Spaces
  • Asset Management Opportunities on Purchase

Guide Price - €6,600,000 / NIY of 9.4% off NOI

  • Flagship Store extending to 61,630 sq.ft
  • Situated in the heart of O’Connell Street, Ireland’s premier thoroughfare undergoing significant transformation
  • New 25 year lease to Eason’s Ltd at a passing rent of €1,341,500 per annum
  • Tenant Break in year 10
  • Quoting price €24,500,000, reflecting 5.00% Net Initial yield after purchasers costs
  • BER Exempt
  • Four retail units with prominent road frontage and standalone creche.
  • Currently producing €163,375 per annum with a substantial reversionary potential.
  • WAULT to break of 6.43 years.
  • Tenants include Londis (BWG guarantee), Mizzonis Pizza, Pamper Yourself Salon and Giraffe Childcare.
  • Immediate Value add opportunity from the letting of the vacant unit and through progressing rent reviews.
  • Attractive initial yield of 7.84% (with one vacant unit) potentially rising into double digits after Value-add incentives.
  • High Volume pedestrian and vehicular intersection
  • Ground floor Retail Convenience Store with Off-Licence
  • The unit extends to 3,525 sq.ft. GIA
  • 25 year lease from 2005 (9.5 years unexpired)
  • €85,000 p.a. rising to €90,000 p.a. (8.6% - 9.1% NIY)
  • For Sale by Digital Auction with Offr (15th October 2021
  • Two well located office blocks situated in a high-profile position on the Merrion Road, opposite St. Vincent’s University Hospital
  • Extending to 4,016 sq m (43,235 sq ft) over two independent blocks with 83 under croft car parking spaces
  • Passing rent of €1,439,932 per annum subject to variation in accordance with a range of ongoing lease events
  • Blended WAULT of 4.46 years
  • Medium to long term development opportunity to upgrade or re-purpose the existing buildings
  • Prime Retail Investment Opportunity
  • For Sale by Private Treaty (Eason Store Not Affected)
  • Situated in a prime high footfall location on Cork’s principal shopping street
  • High profile building directly opposite Merchants Quay Shopping centre and M&S
  • Substantial building of approx. 2,045.3 sq.m. (22,017 sq.ft) NIA
  • 25 year lease to Eason Ltd. with 10 years term certain and parent guarantee
  • Attractive Net Initial Yield of 7.0% off a market rent of €500,000 p.a.
  • For Sale by Private Treaty on behalf of ESB Commercial Properties Ltd
  • Super Prime Office Investment at the Centre of Dublin's CBD
  • Unrivalled pitch with views over Merrion Square
  • 12,599 sq.m (135,617 sq.ft) of new grade 'A' office space with 50 car spaces
  • Occupied by Slack, an International Software Company
  • Rent roll of €7.75m per annum
  • New Long Term Lease
  • Superb connectivity to Dublin's Public Infrastructure Hubs
  • Practical completion due Q2 2020
  • High profile location immediately adjacent to Penneys
  • Four storey mid terrace building extending to 366.8 sq.m
  • Large retail floor plate of 602.3 at ground floor
  • 25 year lease to Easons Ltd. With 10 years term certain
  • Attractive NIY of 9.0% off a market rent of €120,000 p.a.
  • Situated in the heart of Limericks retail core opposite Penney’s and Debenhams
  • High profile retail unit with frontage onto O’Connell Street and Cruise’s Street
  • Entire extends to 1,168.1 sq.m (12,573 sq.ft) NIA
  • 25 year lease to Eason Ltd. with 10 years term certain
  • Attractive NIY of 7.5% off a market rent of €180,000 p.a.
  • Prime Retail Investment Opportunity
  • For Sale by Private Treaty (Eason Store Not Affected)
  • High Profile location on Gladstone Street opposite Specsavers
  • Two storey end-terrace building extending to 431.3 sq.m
  • Large retail floor plate of 347.3 sq.m at ground floor
  • 25 year lease to Eason Ltd. with 10 years term certain
  • Attractive NIY of 11.5% off a market rent of €70,000 p.a.
  • Prime Retail Investment Opportunity
  • For Sale by Private Treaty (Eason Store Not Affected)
  • Situated in a prime high footfall location on Galway City’s premier thoroughfare
  • Landmark building directly opposite River Island and Tommy Hilfiger
  • Uniquely large retail floor plates with the entire extending to 1,042.9 sq.m
  • 25 year lease to Eason Ltd. with 10 years term certain and parent guarantee
  • Attractive Net Initial Yield of 6.0% off a market rent of €525,000 p.a.
  • Mid-terrace own door office extending to approx. 3,594 sq.ft
  • For Sale with vacant possession
  • Mix of open plan accommodation, cellular offices and large kitchen
  • Excellent accessibility with close proximity to M50 & M7
  • Good public transport links with numerous bus routes and LUAS nearby
  • Established business park
  • Includes six dedicated car spaces
  • Cafés nearby include Chopped, Subway and Fude
  • Retail Investment situated in the heart of Kilkenny City Centre within Market Cross Shopping Centre
  • Occupied by Dealz on a new 10 year lease from March 2018
  • Passing Rent of €165,000 per annum
  • WAULT of 6 years
  • Two modern neighbourhood centres, both approx. 400m from N3, Navan Road (Ashtown roundabout) and adjacent to Ashtown Train Station in Dublin 15
  • Net operational income (NOI) of €546,213 per annum and WAULT of 11.2 years (Oct ’17)
  • 78% occupied by a variety of tenants including Lloyds Pharmacy, Spar, Giraffe, Bombay Pantry amongst others
  • Potential to enhance returns through asset management and lease up of vacant space, currently 22%
  • 3,601 sq.m (38,765 sq.ft) of modern commercial accommodation situated in expanding suburb 6 kms from the city
  • Immediately adjacent extensive active and pipeline housing development
  • Excellent road and rail Infrastructure offering platform for continued residential growth
  • For sale in one lot with a quoting price of €5.85m reflecting a current NOI yield of 8.6%, after 8.46% purchasers costs
  • For Sale by Private Treaty
  • Prime retail investment located in the centre of Temple Bar, immediately adjacent Temple Bar Square
  • Tourism and cultural heart of the City
  • Two storey mid terrace property extending to 55.1 sq.m (593 sq.ft)
  • Entirely occupied by Aunty Nellie's Sweet Shop under a 35 year FRI lease from June 2016 at a passing rent of €34,303 per annum
  • Ground floor retail unit situated within Palmerstown Shopping Centre
  • Situated adjacent to SuperValu customer entrance fronting onto a large surface car park
  • Gross Internal Area of 115.8 sq. m (1,246 sq.ft)
  • Occupied by South Dublin County Council
  • 10 year lease from 1st April 2017
  • Passing rent of €40,000 per annum
  • For Sale by Private Treaty (Tenant not affected)
  • Modern Neighbourhood Centre situated in an affluent commuter town
  • Active housing development and zoned residential land in the immediate vicinity
  • Excellent road and rail infrastructure provides platform for continuing population growth
  • Weighted average unexpired lease term of 10.94 years offering secure income
  • Significant asset management opportunities to enhance returns
  • Investment Opportunity for Sale by Private Treaty
  • City Centre location with high volume pedestrian / vehicular traffic
  • Multi-let retail and office building of 555.2 sq.m (5,976 sq.ft)
  • Current passing rent of €108,902 excl.
  • Average unexpired lease term of approximately 14 years
  • Two external retail units situated on busy thoroughfare between The Square and Tallaght Main Street
  • Unit 135 is let to Domino’s Pizza with c. 9 years unexpired at €74,880 p.a. with upwards only reviews
  • Unit 137/a is let to Mao at Home at low passing rent of rent of €25,000 p.a
  • Potential for Mao rent to double in 2017 at rent review (or on re-letting as tenant has break)
  • Both units have shares in the shopping centre management company
  • Established Neighbourhood Centre
  • Fully occupied producing over €321,000 per annum
  • 82% of the income is from the ground floor retail units
  • WAULT of approx. 10.3 years
  • Parade of 6 retail units with overhead commercial accommodation extending to approximately 1,435 sq.m (15,466 sq.ft)