Millers Glen, Glen Ellan Road, Swords, Co. Dublin, K67P0A9
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Millers Glen, Glen Ellan Road, Swords, Co. Dublin, K67P0A9

€3,700,000

1621 m²

Retail Unit

Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 1621 m²
For Sale by Private Treaty Retail Centre Investment Opportunity Tenants Not Affected Overall Floor Area: Extending to a total area of 1,621 sq.m (17,448 sq.ft) GIA* *All intending purchasers are to satisfy themselves as to the accuracy of the floor areas provided. Areas provided derive from the as built drawings provided by the vendor which we understand to be based off GIA Location: Millers Glen, a strategically positioned neighbourhood retail centre is an income generating investment located on the Glen Ellan Road, Swords, Co. Dublin. Excellent profile and accessibility, surrounded by existing and future planned residential development The scheme is strategically located in North Dublin's largest suburb of Swords, 13km north of Dublin City Centre. The densely populated area is predominantly residential in nature with the spread of neighbourhoods including the Mooretown and Oldtown estates. Swords is the third largest town in Ireland with a population of approximately 40,248 which continues to grow and evolve each year with the ongoing residential development. Millers Glen is strategically positioned to benefit from both existing and future residential development, its practical location with on-site parking is immensely popular amongst the local residents within the surrounding developments. Delivery access and waste storage is provided to the rear of the development. The Asset: Millers Glen comprises a modern, convenience led neighbourhood centre incorporating retail accommodation with a grocery anchor, a creche, a pharmacy, a medical centre with residential units overhead. The residential units overhead do not form part of the sale The recently built scheme boasts a prominent location on the Glen Ellan Road and comprises of four ground floor retail units and a creche unit extending to approximately 1,621 sq. m (17,448 sq. ft) which is anchored by Centra Convenience Store (Musgraves Covenant) along with McCartan's Pharmacy, McCartan's Medical Centre and Just Like Home Childcare. Currently, there is one remaining unit unoccupied offering investors strong reversionary potential. The centre is currently generating a contracted rent roll of €297,150 per annum, with an overall WAULT to break of circa. 7.5 years. The scheme is the dominant retail scheme in the catchment area and is demonstrating strong trading and occupancy levels, with near 100% occupancy which can be achieved immediately through successfully leasing the final remaining unit at Millers Glen. BER - B1|B2 |C1 * *C1 is provisional BER only as it relates to Unit 1F which at time of assessment was still in process of fit out

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School Name
Distance
Pupils
School NameGaelscoil Bhrian BóroimheDistance340mPupils452
School NameSwords Educate Together National SchoolDistance360mPupils425
School NameThornleigh Educate Together National SchoolDistance750mPupils341
School Name
Distance
Pupils
School NameBroadmeadow Community National SchoolDistance820mPupils50
School NameSt Cronan's JnsDistance1.6kmPupils520
School NameScoil Chrónáin SnsDistance1.7kmPupils573
School NameOld Borough National SchoolDistance2.2kmPupils106
School NameHoly Family Senior SchoolDistance2.3kmPupils642
School NameHoly Family JnsDistance2.3kmPupils621
School NameSt Colmcille BoysDistance2.5kmPupils374
School Name
Distance
Pupils
School NameSwords Community CollegeDistance1.6kmPupils738
School NameSt. Finian's Community CollegeDistance1.6kmPupils644
School NameLoreto College SwordsDistance2.0kmPupils641
School Name
Distance
Pupils
School NameFingal Community CollegeDistance2.3kmPupils867
School NameColáiste ChoilmDistance2.6kmPupils470
School NameMalahide & Portmarnock Secondary SchoolDistance4.0kmPupils347
School NameDonabate Community CollegeDistance7.0kmPupils837
School NameMalahide Community SchoolDistance7.2kmPupils1224
School NamePortmarnock Community SchoolDistance8.4kmPupils918
School NameLusk Community CollegeDistance8.6kmPupils878
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance250mStopApplewood CcRoute197DestinationAshbourne Retail PkProviderGo-ahead Ireland
TypeBusDistance250mStopApplewood CcRoute192DestinationBalbriggan StationProviderTfi Local Link Louth Meath Fingal
TypeBusDistance260mStopApplewood CcRoute197DestinationAirsideProviderGo-ahead Ireland
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance260mStopApplewood CcRoute192DestinationSwords PavilionsProviderTfi Local Link Louth Meath Fingal
TypeBusDistance430mStopMiller's GlenRoute506xDestinationEden Quay, Stop 301ProviderSwords Express
TypeBusDistance430mStopMiller's GlenRoute506DestinationOrmond Avenue, Stop 4915ProviderSwords Express
TypeBusDistance430mStopRathbeale CottagesRoute192DestinationSwords PavilionsProviderTfi Local Link Louth Meath Fingal
TypeBusDistance430mStopRathbeale CottagesRoute41bDestinationAbbey StProviderDublin Bus
TypeBusDistance430mStopRathbeale CottagesRoute197DestinationAirsideProviderGo-ahead Ireland
TypeBusDistance460mStopRathbeale CottagesRoute197DestinationAshbourne Retail PkProviderGo-ahead Ireland

BER Details

B1

Statistics

15/03/2024

Entered/Renewed

2,207

Property Views

Daft ID: 518750732

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Barry Fitzpatrick

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