Turley Property Advisors are delighted to bring The Ground and First Floor of The Charlesland Centre, Greystones to the market for sale. The subject property was constructed in 2004 and occupies the ground and first floors of the Charlesland Centre which accommodates a purpose built crche set out over two floors in a three storey commercial building. The creche occupies a floor area of 531 sq. m. over the two floors and has capacity for 101 children. There is a large secure outdoor enclosed play area for the children to the rear of the building. The creche enjoys its own independent access and parking. The top floor of the building is used as the communal local community meeting rooms and is used infrequently. There are also access points through the front and rear stairways which are used as fire exits for the entire building.
Charlesland Park is located on the southern side of Greystones, approximately 35 kms south of Dublin City Centre, in a large recently constructed mixed use development, including residential, office and retail buildings. Retail neighbours include Supervalu, a pharmacy and coffee shop. The subject property is located at the southern tip of a large housing development and zoned residential lands are in the immediate vicinity. According to the preliminary 2016 Census results Greystones boasts a catchment population of 23,927 and is enjoying strong growth year on year. Excellent road and rail infrastructure provides a platform for continuing population growth with first-time buyers and young families looking to move into the area. Viewing is strongly recommended.
Little Explorers Creche has signed a new 15 year IRI lease. The current rent is:
120,000 pa exclusive
130,000 pa exclusive
There is a tenant only break at the end of year 10 subject to 6 months written notice.