Description

The subject property comprises units 2/3, Market Cross Shopping Centre. It is occupied by Dealz , situated on the Square at the High Street level (lower ground level).

The property comprises a medium sized retail unit together with a disconnected but readily accessible remote storage unit.

The ‘L-shaped’ retail unit extends to a total net internal area of approximately 689.2 sq.m (7,419 sq.ft). The remote storage space extends to a further 99.1 sq.m (1,067 sq.ft).

Tenancy

The subject property is occupied by Poundland Ltd on a 10 year lease from 19th March 2018 with 5 yearly market rent reviews.

Tenant break option on the at the end of the 6th year (2024) of the term, subject to 6 months notice.

The contracted rent is €165,000 per annum exclusive.