- 2,345 sq m
Description
Property Highlights
Overall Property Specification
• Open plan retail warehouse
• Steel portal frame construction
• Concrete block walls
• Double skin insulated metal deck roof incorporating translucent panels
• Concrete ground floor
• Fire detection system
• A/C cassettes (heating & cooling)
• CCTV
• Male & Female W/C on ground and first floor.
Retail Area Specification
• Mix of high bay lighting and recessed LED lighting
• Mix of suspended and full height ceilings
• Vinyl flooring
• 13-person lift (1,000 kg capacity)
• Access enabled toilet on ground floor.
Warehouse / Loading Area Specification
• Concrete floor
• High bay lighting
• Racking
• 2 roller shutter doors
• Enclosed yard.
Lease Terms
The entire property is let to Multi-Home Retail Limited T/A Choice under a 20-year FRI lease from 1st May 2021. The passing rent is €200,000 per annum.
There is a tenant only break-option in year-10 subject to six months’ notice. Open market rent reviews are applicable in years 6,11 and 16 of the term (2027, 2032 & 2037).
Multi-Home Retail Limited have a Vision Net rating of 90/100 and are considered low trade risk.
Multi-Home Retail Limited operate “Choice” which is an Irish family owned business that has been trading successfully in Ireland for over 45 years and currently operate 11 stores in total throughout Ireland.
Property Size/Area
25,244 sq.ft
Property Status
For Sale
VAT
Refer to selling agent
BER Number
BER Grade
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