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Units 3, 4 & 5 Swords Retail Centre, Swords, Co. Dublin

€2,025,000
Investment Property For Sale | 4,973 sq. feet (462 sq. metres)
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Overview

Property Description:

Excellent Retail Investments with BWG, McNamara Pharmacy & Eddie Rockets

Centrally located in Swords with large established residential catchment.

Long Leases

Fully Let with Lease Rent of €221,000 per annum with a short term reduction to €184,250 per annum.

Available in one or more lots


These properties are located in Swords Town Centre, on a pivotal corner position at the junction of Dublin Road and Forest Road.

This scheme is almost opposite the Swords Central Shopping Centre anchored by Penneys which connects with The Pavilions Shopping Centre anchored by Dunnes Stores and Superquinn.

Swords is located 12kms north of Dublin City Centre, 6.5kms from the M50 and 5km from the Airport. Swords has an extensive residential population of approximately 240,000.

Fingal County Council headquarters are also located close-by.

The retail investment comprises three household names situated on the ground floor of a two-storey scheme with residential overhead.

There is customer car-parking to the rear.

The Total Reserved Rent is €221,000 per annum with a short term reduction to €184,250

Good Marketable Title.


UNIT 3 - GROUND FLOOR LEVEL

Tenant: Triode Newhill LHP Ltd. Guarantee BWG Foods.

Tenancy: Let on a 25x5 year FRI Lease from 14th July 1996 with upward only rent reviews. Next Review 2016.

Lease Rent: €72,000 per annum

Passing Rent: €57,600 per annum

Accommodation: Approx 141sq.m (1,517sq.ft)



UNIT 4, GROUND FLOOR LEVEL (MCNAMARA'S PHARMACY)

Tenant: McNamara's Pharmacy

Tenancy: Let on a 25x5 year FRI Lease from 30th September 1996 with upward only rent reviews. Next Review 2016.

Lease Rent: €59,000 per annum

Passing Rent: €50,150 per annum

Accommodation: Approx 135sq.m (1,450sq.ft)



UNIT 5, GROUND FLOOR LEVEL (EDDIE ROCKETS)

Tenant: T/A Eddie Rockets. Guaranteed

Tenancy: Let on a 25x5 year FRI Lease from 31st August 1995 with upward only rent reviews. Next Review 2015

Lease Rent: €90,000 per annum

Passing Rent: €76,500 per annum

Accommodation: Approx 186sq.m (2,000sq.ft)

Daft Property Shortcode:

https://www.daft.ie/5101808

Date Entered/Renewed:

2/7/2020 (4 days ago)

Property Views:

849
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Road map

Map Legend:

Exact Location Match Exact location match

Address:

Units 3, 4 & 5 Swords Retail Centre

Distance to City Centre:

12.3 km (7.6 miles), 115 minute walk

Public transport routes that service Swords:

  • Bus: 33B, 41, 41B, 41C, 41X, 43, 230
Negotiator Photo

Mervyn Feely & Associates

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Units 3, 4 & 5 Swords Retail Centre, Swords, Co. Dublin