Peter Love

Rochfortbridge Village Centre, Rochfortbridge, Co. Westmeath Sold

Price on Application - For Sale|1,466 sqm approx

Excellent investment opportunity located in Rochfortbridge, Co. Westmeath. The Rochfortbridge Village Centre is anchored by Eurospar and comprises 5 ground floor retail units, créche, a public house and 8 apartments. Eurospar extends to approximately 1,002 sq m (10,785 sq ft) with other occupiers including McTiernans Pharmacy, Bridge Bookmakers and Bagnalls Pub. The development is set over three blocks with the public house and the pharmacy with one apartment located in two separate blocks opposite the main Village Centre. There are 8 apartments located on the first floors of two of the blocks comprising one 3 bed apartment, five 2 bed apartments and two 1 bed apartments. These are accessed through separate accesses at the front of the development. There are over 50 car spaces to the front and rear of the development. The current rent receivable is €142,048 per annum with three retail units and six apartments vacant. The Eurospar lease is guaranteed for its duration by BWG Group. This investment opportunity represents an attractive price with extensive asset management opportunities and opportunity to increase the current rent receivable through the letting of the vacant units. The development is also capable of being split and disposed of in separate parts by a purchaser. We are seeking offers in excess of €1,500,000 equating to a Net Initial Yield of 9.07%, assuming standard purchasers costs of 4.46%.

BER C1F Rating
Kinnegad Town Centre, Kinnegad, Co. Westmeath Sold

Price on Application - For Sale|2,096 sqm approx

Excellent investment opportunity located in Kinnegad, Co. Westmeath. The Kinnegad Town Centre comprises a neighborhood centre which is anchored by Eurospar grocery store along with 6 ground floor retail units and 7 first floor apartments. Five of the retail units are occupied with two currently vacant. The development services the surrounding population and is occupied by Eurospar, Kinnegad Dry Cleaner, Hairdresser, Euroworld and McTiernans pharmacy. There are seven apartments on the first floor of the development located to the rear accessed from the Mullingar Road. Each of the apartments are vacant and comprise six 3 bedroom apartments and one 1 bedroom apartment. There are approximately 50 car spaces to the side and rear of the development. Current rent receivable of €173,560 per annum with two retail units currently vacant. The Eurospar lease is guaranteed for its duration by BWG Group. The entire residential element of the development is currently vacant. This investment opportunity represents an attractive price with extensive asset management opportunities and opportunity to increase the current rent receivable through the letting of the vacant units. The development is also capable of being split and disposed of in separate parts by a purchaser. We are seeking offers in excess of €2,000,000 equating to a Net Initial Yield of 8.31%, assuming standard purchasers costs of 4.46%.

BER B3E2 Rating
32 Camden Street, Dublin 2 Sale Agreed

Price on Application - For Sale|256 sqm approx

Excellent mixed use investment opportunity situated in a prominent position on Camden Street, Dublin 2.

Comprising a retail unit fronting onto Camden Street with a two storey three bedroom apartment to the rear.

Total current rent receivable of €25,200 per annum with the retail unit vacant.

BER D1 Rating
Beacon South Quarter Sold

Price on Application - For Sale|

BSQ is anchored by Dunnes Stores, with other notable retailers including: Pizza Hut, Ulster Bank, Bank of Ireland, Carphone Warehouse,

Starbucks, O’Brien’s Wines Off-Licence, Munchies and Imaginosity

The BSQ sale comprises 24 retail units (10 vacant, 14 leased) and The Observe Site (leased)

BER C2G Rating
Rivermall 32-36 Main Street, Swords, Co. Dublin Sold

Price on Application - For Sale|

Prime retail investment opportunity comprising a two storey retail detached freehold property in the heart of Swords Main Street

Current rent receivable €226,900 per annum

The building comprises of four ground floor units fronting onto Main Street with one first floor office. Rivermall consists of five ground floor units along with a first floor restaurant

BER C2C3 Rating