Units 135 and 137/a, The Square, Dublin 24 - SOLD
|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.