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The Square Towncentre, Tallaght, Dublin 24

Price on Application For Sale 52,955 sqm approx

BER B1G Rating

Description

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%

www.thesquareinvestment.com

BER Information

  • Rating: BER B1G
  • Certificates are available from the agent.

Similar Properties

 Unit 235 The Square

€130,000 pa - To Let
|364 sqm approx

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.

Unit 235 is currently available to let. This unit is well located on the second floor of The Square. Jack & Jones, Home Focus and The Streat Café are located in close proximity to the unit.

BER D1 Rating