Cushman & Wakefield are delighted to bring Lucan Shopping Centre to the market. Please see a brief overview of the scheme;
Footfall: 66,000 per week
800 free car parking spaces
Price on Application For Sale 52,955 sqm approx
Cushman & Wakefield are pleased to present, The Square Towncentre, a prime investment opportunity to acquire the controlling interest in one of Dublin's largest regional shopping centres.
Salient details for this investment opportunity are as follows:
577,500 sq ft scheme anchored by Tesco, Debenhams, Dunnes Stores, Heatons, H&M, New Look and River Island
160 units, including a 13 screen cinema (118 units including cinema on offer)
Over 91% of income secured to national/international retailers
Over 73% of income secured for greater than five years
Over 96% occupancy
22.2 million annual door counts
2,400+ car parking spaces 13.98m per annum
Planning permission in place for a 204,655 sq ft (GLA) extension
Numerous asset management opportunities to increase income
The Joint Agents are guiding a pricing in excess of €233 million (subject to contract and exclusive of VAT) which equates a net initial yield of approximately 5.75%
€245,000 - Asking Price|78 sqm approx
***Unique opportunity to purchase a Commercial property***
Ideal for retail use in a superb location. 3 Limekiln Lane offers the discerning purchaser a complete package with a substantial commercial unit on the ground floor & potential to develop a 2 bedroom apartment overhead (subject to relevant planning permission). The unit extends 78sq.m/840sq.ft approx. Rarely does an opportunity arise to acquire such a unique package in the heart of a settled residential area.
The location is second to none, Limekiln Lane is surrounded by largely residential area benefitting from a host of excellent amenities including shopping, recreational, sporting and educational, all on your doorstep. Excellent transport links give easy access to the City Centre, M50 motorway and beyond.
The Square Towncentre is one of Ireland's largest shopping and leisure destinations with over 130 shops, restaurants and a cinema.
New brands welcomed to the centre in the last year include WOW Burger, Chopped, Kays Kitchen, Gino's Gelato, Wild Nail and Pedicure Bar, Inglot and Newbridge Silverware.
Key information on the scheme is as follows;