(tenants not affected)… · Large office occupiers in the area include Tesco, Dun Laoghaire -...

RETAIL INVESTMENT FOR SALE HARBOURSQUARE

CROFTONROADDUNLAOGHAIRE

CO.DUBLIN(tenantsnotaffected)

Prominentretailparade.

Moderndevelopmentextendingtoapprox.832sqm(8,956sqft).

Fullyletto4separateretailtenants,producing€226,000p.a.

WeightedAverageUnexpiredLeaseTermof(WAULT)9.86years.

4carparkingspaces.

PartofDunLaoghaire’sbustlingseafrontleisuredistrict.

KEYFEATURES

OVERVIEWOFPROPERTIES

UNIT1A-MILANO UNIT2-BISTROLEMONDE

UNIT4-UNSPORTSNUTRITIONUNIT3-GOURMETFOODPARLOUR

DunLaoghaire is fortunatewithmajor transport corridors traversing theareanotably the

frequentservicesoftheDunLaoghaireDARTstationandnumerousbusterminiwhichstop

directlyoppositeHarbourSquareonCroftonRoad.Itisapproximately11kilometressouth

ofDublin’scitycentreandhasapopulationof206,261accordingtothe2011census.

Harbour Square is a mixed use development comprising of office, retail, creche and

residentiallaidoutaroundacommonlandscapedcourtyard.ItislocatedadjacenttotheDun

LaoghaireRathdownCountyCouncilofficeandDunLaoghaireDARTstation.

The four ground floor units are situated within the Harbour Square Development which

is located on Crofton Road forming part of Dun Laoghaire’s bustling leisure district

overlookingtheharbour.

TheparadeformspartofaclusterofrestaurantsandbarsincludingNandos,theFortyFoot,

GourmetBurgerKitchen,ITSA,Hartleys,TheHenHouseandInsomniaCoffee.

Theseafronthasbecometheheartoftheactivityforfoodandleisureactivitywithawealth

ofchoicecombinedwithexcellentparkingandpublictransport.

Large office occupiers in the area include Tesco, Dun Laoghaire - Rathdown County

CouncilandBordIascaighMhara(BIM).

LOCATION

HarbourSquareisamodern,contemporarymixedusedevelopmentdesignedbyOMahony

Pikearchitectscompletedin2007.Itconsistsoffivebuildings,builton5/6levels,overa

commontwotierundergroundcarparkaroundagenerouslandscapedplazaarea.

The retail parade is situated at ground

floor level and face onto Crofton Road.

Theupperfloorsareinamixofresidential

andofficeuse.

Each tenant has fitted their units out to

theirownspecification.

DESCRIPTION Unit Tenant Lease Income Sqm

(NIA)

Sqft

(NIA)

Car

Parking

1A AgenbiteLimited

t/aMilano

20yearsfrom

24/11/2008,Break

option23/11/2023

€125,000p.a. 267 2,874 1

2 TravelCafé

Limitedt/aBistro

LeMonde

20yearsfrom

01/09/2012

€50,000p.a. 170 1,830 1

3 GourmetFood

Parlour

10yearsfrom

01/07/2015€30,000p.a. 219 2,357 1

4 UNSports

NutritionLimited5yearsfrom

21/03/2014

€21,000p.a. 176 1,894 1

Total €226,000 832 8,956 4

TENANCIES

Allintendingpurchasersshouldsatisfythemselvesinrelationtofloorareas.

BERUnit 1ABER:C3BERNo:800439283EPI:1,021.02kWh/m2/yr.

Unit 2BER:C1BERNo:800437253EPI:770.08kWh/m2/yr.



VATThepurchaserwillbeliableforanyVAT(ifapplicable)arisingoutofthetransaction.

PRICEIntheregionof€2,750,000representinganetinitialyieldof7.87%.

VIEWINGS/FURTHER INFORMATIONForfurtherinformationortoorganiseaviewingpleasecon-tact:

MariaLennonT:+353(1)6382754E:[email protected]

DuncanLysterT:+353(1)6382743E:[email protected]

PSRANo:001848

The Agents and the Vendor give note that the particulars and information contained within this Investment Memorandum do not form any part of any offer or contract and are for guidance purposes only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents, or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this Investment Memorandum, intending purchasers or any third party should not rely on these particulars and information contained within as statements of fact, but must satisfy themselves as to the accuracy of details given to them. Lisney nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and Lisney nor its employees shall be liable for any loss suffered by an intending purchaser or any third party arising from the particulars or information contained within this brochure. Prices quoted are exclusive of VAT (unless otherwise state) and all negotiations are conducted on the basis that the purchaser shall be liable for any VAT arising on the transaction.

GROUND FLOOR UNITS

St. Stephen’s Green House, Earlsfort Terrace, Dublin 2T:+35316382700E:[email protected]

29-33 Montgomery Street, Belfast BT1 4NXT:+442890501501E:[email protected]

1 South Mall, CorkT:+353214275079E:[email protected]

HOWTH

DART

METR

O

CITY CENTRE

BOOTERSTOWN

DALKEY

DUN LAOGHAIRE

FROM BRAY/GREYSTONES

DUBLIN HARBOUR

FROM CORK/LIMERICK

FROM SLIGO/GALWAY

FROM NAVAN/CAVAN

FROM DERRY

DUBLIN AIRPORT

N11N7

N4

N3

M50

N2

M1

HARBOUR SQUAREDUN LAOGHAIRE CO. DUBLIN

(tenants not affected)… · Large office occupiers in the area include Tesco, Dun Laoghaire -...

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