Three investment properties producing 52,800 per annum available in one or individual lots. The units are located in a purpose built centre anchored by Centra. Purchased in one lot the yield on the properties is approximately 10%.
Unit 1 is let to Bar One Racing. It trades as a bookmakers and is fitted out to a good standard. It extends to approximately 75 sq m. It is let at 20,400 per annum under a 10 year lease from 1st April 2017.
Unit 3 trades as Kingswood Dry Cleaners. It extends to approximately 68.2 sq m. It is let at 15,600 per annum under a 5 year lease from 1st April 2014.
Unit 5 trades as The Tan Fairy. Hair Beauty and Advanced Therapy. It extends to approximately 76.5 sq m. It is let at 16,800 per annum under a 10 year lease from 1st April 2017.
The subject properties are located in the Kingswood Shopping Centre located off Sylvan
Drive. Kingswood is accessed from the Ballymount Road and is located close to the
densely populated Tallaght Area. Saint Kilians Junior National School is located close
by and Saint Kilians Church is located opposite. The city centre is located approximately
12 kms to the west. There is good public transport links in the area and the red line Luas
is located in close proximity with the Kingswood Stop being within walking distance.
Adjoining occupiers in Kingswood Shopping Centre include Centra, Kingswood
Pharmacy and New North Park Chinese Take Away. The Kingswood Lodge Public
House is located opposite with residential apartments located overhead. There is a
large surface car park to the front of the retail units.