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Topaz Service Station Portfolio, Coolfore, Ashbourne, Co Meath

Price on Application Sale Agreed 1,262 sqm approx

Description

Unique service station portfolio for sale in three lots.

The anchor tenant at both locations is Topaz.

Well located service stations just off the M2 Motorway.

Potential for rental growth and asset management opportunities.

Lot 1 - Coolfore Service Station, Ashbourne consists of the service station along with two showrooms and four workshop premises. Total passing rent; €287,040 per annum. Offers sought in excess of €3,475,000 which equates to a net initial yield of 7.91%.

Lot 2 - Kilshane Cross Service Centre, Finglas consists of the service centre with additional revenue from a restaurant, trade counter and workshop. Total passing rent; €174,456.99 per annum. Offers sought in excess of €1,700,000 which equates to a net initial yield of 9.82%.

Lot 3 - The Entire - Offers sought in excess €5,175,000.

Tenants not affected.

BER Information

  • Rating: BER C3F
  • Certificates are available from the agent.

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