RS-WS2
For Sale

Monastery Shopping Centre Monastery Road,

Clondalkin, Dublin 22, D22 RP46
596.23 SQ.M
Offers in excess of
€1,850,000
Investment Property

Property Overview

  • High profile parade of 11 no. single storey retail units plus car parking area
  • Total income of €167,000 per annum from six tenants (seven tenancies), increasing to €171,000 per annum within four years with fixed rental uplifts agreed
  • Weighted average unexpired lease term (WAULT) of just under 6 years.
  • Scope to increase income further through leasing two vacant units (Units 5A & 5B)
  • Additional car parking income estimated at €12,000 gross (further information available on request)
  • Gross internal area of approx. 596 sq.m (6,418 sq.ft) of which 115.20sq.m (19%) is currently vacant
  • Tenants include Mao at Home, Down Syndrome Ireland, Westend Barbers, & Washing Machine Co amongst others
  • Total site area of approx. 0.18ha (0.45 acres) zoned VC (Village Centre)
  • Tenants not affected

High profile parade of 11 no. single storey retail units plus car parking area Total income of €167,000 per annum from six tenants (seven tenancies), increasing to €171,000 per annum within four years with fixed rental uplifts agreed Weighted average unexpired lease term (WAULT) of just under 6

Accommodation

Unit No Tenant Area GIA Sq.M Area GIA Sq.Ft
Unit 1 Maoclond Limited t/a Mao 63.05                                          678.72
Unit 2 Maoclond Limited t/a Mao                      55.38                                          596.06
Unit 3 Private Individual                      55.74                                          600.00
Unit 4A Private Individual                      82.68                                          890.00
Unit 4B Down Syndrome Ireland                      81.75                                          880.00
Unit 5A Vacant                      61.32                                          660.00
Unit 5B Vacant                      53.88                                          580.00
Unit 6 Beara Investments Ltd t/a Washing Machine Co                      54.91                                          591.00
Unit 6A Private Individual t/a Pro Kaza Traders                      29.36                                          316.00
Unit 7 BCMP Barbers Limited                      29.08                                          313.00
Unit 8 BCMP Barbers Limited                      29.08                                          313.00
TOTAL                    596.23                                       6,417.78

*All statements contained in these particulars as to this property are made without responsibility on the part of the Agent or the Vendor and none of the statements contained in these particulars as to this property are to be relied upon as statements or representations of fact. All statements made are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers shall satisfy themselves by inspection or otherwise as to the correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation nor for the recission of the contract by either the Vendor or the Purchaser. Neither the Vendor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty in relation to the property. Lisney PSRA No: 001848

BER No. C1>E1

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