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11 Coolmine Industrial Estate

Dublin 15

For Sale €900,000
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
For Sale
BER Details
Ber Number - 800834871
Ber Energy Performance Indicator - 344.87 kWh/m²/yr 0.82
Property Location
QRE Contact
Bryan Garry
Bryan Garry
MRICS MSCSI  

Director Investment

Bryan has over 13 years of experience in the Irish commercial property market. As Director of the In... View More

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