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

Tenancy

UnitTenantTermCommencementBreakContracted RentRent Payable
135 Remo Foods Ltd t/a Dominos25 years21/11/1999n/a€74,880€74,880
137/a Tanbel Ltd t/a Mao at Home15 years25/06/2012Yr 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.