Units 135 and 137/a, The Square, Dublin 24 - SOLD
Tenancy
Unit | Tenant | Term | Commencement | Break | Contracted Rent | Rent Payable |
---|---|---|---|---|---|---|
135 | Remo Foods Ltd t/a Dominos | 25 years | 21/11/1999 | n/a | €74,880 | €74,880 |
137/a | Tanbel Ltd t/a Mao at Home | 15 years | 25/06/2012 | Yr 5 & 10* | €25,000 | €25,000 |
*subject to 6 months notice
UNIT 135 - Domino's
Unit 135 is let to Remo Foods Limited t/a Domino's on a 25 year lease from November 1999.
Contracted rent of €74,880 per annum, with excellent payment history.
Approximately 9 years unexpired lease term with upward only rent reviews.
The Domino's brand has 47 stores nationwide, with the Tallaght store understood to be one of their top performers.
UNIT 137/A - Mao
Unit 137/a is let to Tanbel Limited t/a Mao at Home on a 15 year lease from June 2012.
Very low passing rent of €25,000 per annum with significant revisionary potential.
Potential for rent to double at rent review or re-leting in 2017 if break option is exercised.
Mao at Home has nine outlets in Dublin.