The Royal Cinema Complex, Quinsboro Road
The Royal Cinema Complex, Quinsboro Road
Price
€1,400,000
Type
House
Status
For Sale
Description
REA Forkin are delighted to introduce The Royal Cinema Complex to the open market For Sale. Standing four storeys high and located in a prominent position on the Quinsboro Road just off Bray Main Street, The Royal Cinema Complex is truly one of Bray's most iconic landmark buildings. A superb investment opportunity, with major plans to re-develop the Florence Road car park into a new retail centre with cinema, restaurants and a number of profile anchor tenants. This will revamp the whole area and raise the profile of all surrounding properties.
This property stretches to over 1800 sq.m (19,375 sq.ft) of internal accommodation with four fully let retail units of circa 800sqft at ground floor level and three upper floors which once was home to the Royal Cinema. Floors 1 and 2 host two separate viewing rooms both with lobby areas, customer bathroom blocks. There are a number of storage and work rooms throughout these floors, all floors are serviced by a customer lift. The 3rd floor is a large storage and facilities area. A rear fire escape runs along the rear of each floor.
Location
The property is located on the Quinsboro Road close to the corner of Bray Main Street and to the side of the Royal Hotel. Quinsboro Road is a one way street with a high level of footfall and passing traffic. The property is opposite the Florentine Car Park which has planning to construct a major retail shopping centre. The Quinsboro Road links Bray Main Street and Bray sea front. Bray Dart Station is located 350 metres from this property.
Condition
The ground floor retail units are all maintained to a high standard. The upper floors of the main building have recently undergone major renovation and are now tenanted by FIT4LESS gym, increasing footfall vastly to surrounding units and the street itself.
Current Lease Agreements
At present, all four ground floor retail units are fully let on lease agreements of various terms and the main building is on a long term lease to FIT4LESS.
Title
This is a Freehold property.
Zoning
This property is zoned Town Centre under the current development plan.
Solicitors
Benville & Robinson Solicitors, Riverview House, Seapoint Road, Bray, Co. Wicklow (01) 276 1330