Boroimhe FOR SALE 100% Shopping Centre. by Private Treaty. Tenants Not Affected. Joint agents CENTRE ANCHORED BY + BOROIMHE INDEPENDENT UNITS

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Stanley Bishop
6 years ago
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1 Boroimhe 10 ANCHORED BY + BOROIMHE MEDICAL OCCUPIED CENTRE INDEPENDENT UNITS 100% FOR SALE by Private Treaty Tenants Not Affected Joint agents

Airside Retail Park R132 To M50 / Dblin Airport t To Swords Exective Smmary Established neighborhood scheme sitated in the established residential area of Boroimhe, soth of Swords Village.

2 Airside Retail Park R132 To M50 / Dblin Airport t To Swords Exective Smmary Established neighborhood scheme sitated in the established residential area of Boroimhe, soth of Swords Village. Developed in 2006 by leading Irish constrction company Bovale Developments. In excess of 2,500 private homes within 1km of the scheme. 3,115 sq m (33,530 sq ft) scheme with 100% commercial occpancy and a crrent rental income of circa. 829,570 per annm. Well configred retail scheme with ample srface car parking. Tenant mix incldes SperVal, Boroimhe Pharmacy, Bambry Bookmakers, Boroimhe Medical Centre and Little Apples Creche amongst others. Average Weighted nexpired lease term of 17 years. Anchor Boroimhe

3 Location Ballyboghil Lsk Boroimhe is sitated in North Conty Dblin approximately 1.2km soth of Swords Village and 2.0km north of Dblin Airport. The is located within the now established densely poplated residential location of Boroimhe immediately west of the R132 and soth of Swords Centre. Primary access to the Boroimhe is via the R132 directly opposite the sccessfl Airside Retail Park. Swords Donabate Swords is the capital of Fingal and is a thriving town with large indstrial, commercial and edcational facilities. The Swords poplation as per Censs 2011 was 36,924 of which Boroimhe forms part. The Boroimhe area was initially developed in the late 1990 s and sbseqently extended over the last decade. The area accommodates in excess of 2,500 family homes with the shopping centre providing neighborhood service facilities. The shopping centre is sitated in the heart of the development along the main spine road (L2300) of the development at its intersection with Forest Road and Rathingle Road. St. Margarets Boroimhe Dblin Airport Proposed Metro Line Airside M1 Kinsealy Malahide Portmarnock The centre enjoys excellent profile onto this bsy jnction and ths benefits from significant passing vehiclar traffic together with being located within walking distance of a significant nmber of dwellings. M50 Finglas R132 N32 Whitehall Balgriffin Stton Galway Limerick Belfast Swords Dblin Proposed Metro Line Port Tnnel Donaghmede Raheny Clontarf Cork Boroimhe Phoenix Park Dblin City Centre

Description Developed in 2006 by Bovale Developments,

providing approximately 3,115 sq m (33,530 sq ft) of

predominately external scheme anchored by a Sper Val

An independent crèche facility is provided towards the

modern gym facility occpies the top floor of the main

The scheme is crrently 100% occpied by a range of sers

4 Description Developed in 2006 by Bovale Developments, Boroimhe is a modern well designed neighborhood centre providing approximately 3,115 sq m (33,530 sq ft) of commercial accommodation together with excellent grade car parking provisions. The scheme provides 10 independent nits within a predominately external scheme anchored by a Sper Val spermarket and Boroimhe Medical centre. An independent crèche facility is provided towards the front of the scheme and is self-contained whilst a modern gym facility occpies the top floor of the main bilding. The scheme is crrently 100% occpied by a range of sers inclding Pizza Ht, Bambry Bookmarkers, and Little Apples crèche amongst others. 10 ANCHORED BY + BOROIMHE OCCUPIED INDEPENDENT UNITS MEDICAL CENTRE 100%

5 Grond Floor F O R E S T R O A D Accommodation Unit User Area Sq m Area Sq ft 1 McNamara Pharmacy 177 1,905.2 Unit 1 Unit 2 2 Two Spots Coffee 94 1, Scaramosse Hairdressers Créche Unit 3 Unit 4 Unit 5 L I N K R O A D 4 Bambry Bookmakers Little Polska Créche Play Area Unit 6 6 Pizza Ht Boroimhe Medical Centre 432 4,650.0 First Floor Second Floor 8 Verve Fitness 497 5, SperVal 1,270 13,670.2 Unit 7 Unit 8 - Gym 10 Little Apples Creche 340 3,659.7 TOTAL 3,115 33,530

6 Boroimhe Tenancy Schedle Unit Tenant T/a Term (yrs) Commence Expiry /Break Term Certain Area Sq m Area Sq ft 1 Boroimhe Pharmacy Ltd McNamara Pharmacy 25 01/04/ /03/ , Two Spot Coffee LTD Café 5 12/02/ /02/ , Carol Whelan Scaramose Haidressers 25 08/09/ /09/ Fimbarn Leisre Bambry Bookmakers 25 16/12/ /12/ Swords Challenge Ltd Little Polska 10 13/06/ /06/ Pizza Ht (UK) Ltd Pizza Ht 25 20/12/ /12/ Boroimhe Pharmacy Medical Centre 25 01/04/ /03/ , Majko Ltd t/a Verve Verve Fitness 20 17/09/ /09/ , Swords Alliance Ltd Sperval 25 06/06/ /06/ ,270 13, Seams & Anne Faye Little Apples Creche 25 21/05/ /05/ , Vodafone Mast 10 19/10/ /10/ Ripple Commnication Mast 3 Month Rolling Licence 3 Htchinson 3G Mast /03/ /02/ Meteor Mast 5 01/02/ /02/ Sper Leage Mall Annal Licence 3,115 33,530 Crrent rent receivable is approximately 829,570 per annm. A fll tenancy schedle is available on the Boroimhe data site. Access available on reqest.

7 Boroimhe Income Profile Boroimhe Shopping centre is crrently 100% occpied and benefits from a weighted average nexpired lease term of 17 years. The existing tenants have a proven occpancy history within the scheme since its establishment. The scheme anchor SperVal attribtes 44.6% of the crrent receivable income with the Medical Centre and Pharmacy attribting 25.65% of income. Boroimhe has an excellent income expiry profile with approximately 90% of existing leases with in excess of 15 years lease term nexpired % 5.81% 4.36% 0.00% Investment Market To date there has been 970 Million spent on the prchase of Investment properties in 2013 representing 37 transactions above 1 Million, compared with an overall spend of 545 Million in 2012 for 35 Transactions. There is a contined strong international appetite for prime investment opportnities and portfolio s, with 57% of the spend sorced from International Investors. There has been a limited amont of good qality Retail Investments lanched to the market and in a particlar no s have traded. In 2012, 10% of the spend was derived from the prchase of Retail Investments whereas in 2013 to date 9% has been spent on the prchase of Retail Investments. The capital gains tax waiver at the end of this year will inevitably encorage a srge in activity over the next few months as some byers strive to get transactions completed by year-end

8 Boroimhe Title Freehold. BER to Fll details available on reqest. Joint Agents Viewings Viewings are strictly by appointment throgh the joint selling agents. Solicitors Smith Foy & Partners 59 Fitzwilliam Sqare Dblin 2 Raymond Smith Raymond.smith@smithfoy.ie 19/26 Hambleden Hose, Pembroke Street Lower, Dblin 2. David Carroll dcarroll@bannon.ie Rod Nowlan rnowlan@bannon.ie 3rd Floor, Connaght Hose, 1 Brlington Road, Dblin 4. Natalie Brennan natalie.brennan@cbre.com Willie Norse willie.norse@cbre.com These particlars are issed by Bannon and CBRE on the nderstanding that any negotiations relating to the property are condcted throgh them. While every care is taken in preparing them, Bannon and CBRE, for themselves and for the Vendor/lessor whose agents they are, give notice that: (1) The particlars are set ot as a general otline for giding potential prchasers/tenants and do not constitte any part of an offer or contract. (2) Any representation inclding description, dimensions, references to condition, permissions or licences for ses or occpation, access and any other details are given in good faith and are believed to be correct, bt any intending prchaser or tenant shold not rely on them as statements or representations of fact bt mst satisfy themselves (at their own expense) as to their correctness. (3) Bannon and CBRE nor any of its employees have any athority to make or give any representation or warranty in relation to the property.

FOR SALE BY PRIVATE TREATY C. 9,770 sq ft / 900 sq m. Washington Bar and Restaurant 21 Howard Street, Belfast, BT1 6NB

FOR SALE BY PRIVATE TREATY C. 9,770 sq ft / 900 sq m Washington Bar and Restaurant Investment Highlights Long established business Prime location in Belfast City Centre Includes both bar and restaurant