Estuary Centre,Airside Retail Park, Swords, K67 HN26

Investment Opportunity For Sale in 1 or 2 Lots with Prime sitting tenants, The Irish Charity Shop & MacNamaras Pharmacy

For Sale by Online Auction on March 9th 2023 unless previously sold

Lot 1: Both Units 3 & 4 totalling 3000sq.ft. with Rental Income of €83k per annum Price €900,000. Net Initial Yield over 8% following standard purchase costs
Lot 2: Either Unit 3 or 4 Price €460,000 per unit

UNIT 3 - GROUND FLOOR LEVEL

Tenant: The Charity Shop
Tenancy: NEW LEASE Let on a 15/5 5 year FRI Lease from 15th July 2021. 5 year Break.
Rent: €42,000 per annum
Accommodation: Approx 141sq.m (1,517sq.ft) FOR SALE as a separate unit €460,000

UNIT 4, GROUND FLOOR LEVEL (MCNAMARA'S PHARMACY)

Tenant: McNamara's Pharmacy
Tenancy: NEW LEASE Let on a 15/5 5 year FRI Lease from 15th July 2021. 5 year Breaks and 5 year rent reviews
Rent: €41,000 per annum
Accommodation: Approx 135sq.m (1,450sq.ft)
FOR SALE as a separate unit € 460,000

These properties are located in Swords Town Centre, on a pivotal corner position at the junction of Dublin Road and Forest Road.

This scheme is almost opposite the Swords Central Shopping Centre anchored by Penny's which connects with The Pavilions Shopping Centre anchored by Dunnes Stores and Supervalue.

Swords is located 12kms north of Dublin City Centre, 6.5kms from the M50 and 5km from the Airport. Swords has an extensive residential population of approximately 240,000.

Fingal County Council headquarters are also located close-by.

The retail investment comprises two retail units situated on the ground floor of a two-storey scheme with residential overhead.

There is paid customer car-parking to the rear