11 Coolmine Industrial Estate, Dublin 15

Property Highlights

A High Yielding Retail Warehouse Investment
Extending to Approximately 482 sq.m [5,188 sq. ft]
Let to Warsaw Retail Ltd T/A Polo Stores
Lease Expiry 2029 [no breaks]
Current Rent Passing €85,000 p.a.
Guide Price €900,000
For Sale via Digital Auction 28.09.22

Property Location

The property is situated off Porters Road to the Blanchardstown Road side of Coolmine Industrial Estate. The property is well-located for all major transport hubs, with easy access to the M50, Dublin Port Tunnel and Dublin Airport.

The immediate surrounds of the property provide a hive of activity, with a significant populace residing in close proximity to the estate.

Property Description

The property comprises a ground floor only, end-of-terrace retail warehouse extending to approximately 482 sq. m (5,188 sq. ft). The entire is of concrete frame construction with shared car spaces to the front and side of the property.

The property is currently in use as a European Supermarket. Internally, the property provides a customer sales area and storage.

N.B.: Prospective purchasers should satisfy themselves with the accuracy of all distances and measurements quoted.

Lease Terms

The entire property is let to Warsaw Retail Ltd T/A Polo Stores, under a 25-year term from 1st March 2004, at a current rent of €85,000 p.a. exclusive of VAT, rates and service charge. The lease provides for repairing and insuring terms together with upwards only rent reviews every 5 years.

The lease provides tenant break options in years 3, 6, 9 & 12, all of which have expired.

Warsaw Retail Ltd. have a Vision Net rating of 100/100 and are considered low trade risk.

Property Size/Area

Approx. 5,188 sq. ft

Property Status

Sold

BER Details

Ber Number - 800834871

Ber Energy Performance Indicator - 344.87 kWh/m²/yr 0.82

Property Location

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