FOR SALE BY PRIVATE TREATY HIGH PROFILE INVESTMENT Airside South Quarter AIRSIDE RETAIL PARK, SWORDS, CO. DUBLIN TENANTS NOT AFFECTED
Airside South Quarter AIRSIDE RETAIL PARK, SWORDS, CO. DUBLIN INVESTMENT S U M M A RY High Profile modern mixed use retail, leisure and office scheme constructed c. 2009 Contracted rent of approximately 1.5 million per annum with a WAULT of approximately 15 years Approximately 8,424.82 sq. m. (90,684 sq. ft.) across two blocks with over 270 surface and basement car parking spaces Occupiers include TGI Fridays, Starbucks, O Briens Sandwiches, Flyefit Gym, Hogs & Heifers bar / restaurant and Ireland s leading super club. Located just off the M1 in close proximity to Dublin Airport and Swords Opportunity to increase income through letting the one remaining vacant floor Mixed use scheme with a broad range of occupiers High catchment within a 20 minutes drive Immediately beside one of Ireland s leading Retail Parks 1 Airside South Quarter
Airside South Quarter LOCATION Situated in the hugely successful Airside Retail Park, the property is on a high profile corner on Nevinstown Lane. This prosperous location boasts a mix of uses including one of the largest and leading retail parks in Ireland, offices, leisure, motor showrooms, restaurants, bars, cafes and a hotel. Adjoining retailers include B&Q, Harvey Norman, Homestore & More, Smyths Toys superstore and many others. Other adjoining occupiers include Ryanair, VHI Swiftcare Clinic and The Premier Inn Hotel. Airside South Quarter is moments away from Swords town centre, benefiting from a catchment over 616,000 people within a 20 minute drive. Swords Main Street Pavilions Shopping Centre To Malahide u SWORDS M1 MALAHIDE DUBLIN AIRPORT Airside South Quarter PORTMARNOCK M50 SANTRY M1 Airside Retail Park AIB McDonalds Airside South Quarter SanDisk Ryanair Airside Motor Park DRUMCONDRA N1 DUBLIN CITY CENTRE BEAUMONT EXPRESS PORT TUNNEL TRAIN LINE CLONTARF DUBLIN PORT DUBLIN BAY To Dublin Airport Esquires Cafe Premier Inn VHI Clinic Fun Galaxy Airside benefits from easy access to the M1 and M50. Dublin Airport is also in close proximity, located approximately 2 km away. Swords continues to be among Ireland s fastest growing towns, with expected continued growth into the future, solidifying its position in the Greater Dublin urban landscape. Airside South Quarter 2
DESCRIPTION BLOCK A BLOCK B AIRSIDE SOUTH QUARTER CONSISTS OF TWO BLOCKS CONSTRUCTED TO A VERY HIGH STANDARD CIRCA. 2009. THE BLOCKS SIT WITHIN A SITE OF APPROXIMATELY 1.7 ACRES AND HAS THE BENEFIT OF A LARGE BASEMENT CAR PARK. IN TOTAL THERE ARE OVER 270 SPACES SPLIT BETWEEN THE SURFACE CAR PARK AND THE BASEMENT. Block A is a four storey multi-unit building extending to approximately 57,079 sq. ft. located to the front of the site. The block includes 5 ground floor retail units and a nightclub situated on the upper floors with a ground floor entrance area and lift serving all floors. There is also a telecommunication mast located on the roof. Internally the accommodation has been fitted out to a high standard by the tenants. Block B is a four storey building extending to approximately 33,605 sq. ft. The ground floor provides retail space and is currently vacant and available to let. The upper levels consist of a gym on the first and second floors and a casino on the third floor. The upper floors have the benefit of lift access serving all floors. 3 Airside South Quarter
Airside South Quarter TENANCY SCHEDULE Demise Occupier Area Sq Ft Area Sq.m Lease Start Lease End Break Date BLOCK A Ground Floor Unit 1 TGI Fridays and Starbucks 6,156 571.91 01/09/2010 31/08/2035 Ground Floor Unit 2 In Touch Beauty 969 90.02 01/10/2009 30/09/2034 Ground Floor Unit 3 O Brien s Sandwich Bar 1,000 92.90 21/10/2011 20/10/2036 21/10/2016 Ground Floor Unit 4 & 5 Hogs & Heifers 6,696 621.99 31/10/2013 30/10/2038 24/11/2018 Ground Floor Unit 6 Pizza Dog 1,163 108.05 22/07/2010 21/07/2035 Ground, First and Second Floors The Wright Venue 41,096 3,817.95 10/06/2009 09/06/2034 Telecommunication Telefonica O2 Ireland Ltd 0 0 20/09/2011 09/12/2020 SUBTOTAL 57,079 5,302.81 Current Passing / Abated Rent pa 1,225,000 BLOCK B Ground Floor Vacant 8,826 819.96 First and Second Floor Flyefit 17,912 1,664.08 19/11/2013 18/11/2033 19/11/2023 Third Floor Penthouse Casino and Card Club SUBTOTAL 33,605 3,122.01 6,867 637.97 01/12/2011 30/11/2031 30/11/2021 Current Passing / Abated Rent pa 277,340 TOTAL 90,684 8,424.82 Total Current Passing / Abated Rent pa 1,502,340 Please note a detailed tenancy schedule will be provided once a non-disclosure agreement has been executed. In addition to the above there are over 270 car parking spaces at surface and basement level. Floor areas are provided for indicative purposes only and subject to on site verification. Airside South Quarter 4
5 Airside South Quarter
Airside Retail Estate Road Airside South Quarter T.G.I. FRIDAY S HOGS & HEIFERS PIZZA DOG STARBUCKS COFFEE IN TOUCH BEAUTY O BRIENS WRIGHT VENUE BLOCK A BLOCK B Nevinstown Lane Nevinstown Lane Airside South Quarter 6
Airside South Quarter AIRSIDE RETAIL PARK, SWORDS, CO. DUBLIN CONTACT For further information or inspection please contact: Styne House, Upper Hatch St., Dublin 2, Ireland. JOHN MORAN +353 1 673 1600 john.moran@eu.jll.com BRIAN SHIELDS +353 1 673 1678 brian.shields@eu.jll.com MATTHEW FINNEGAN +353 1 673 1696 matthew.finnegan@eu.jll.com The particulars and information contained in this brochure are issued by JLL on the understanding that all negotiations are conducted through them. Whilst every care has been taken in the preparation of the particulars and information they do not constitute an invitation to treat, an offer or a contract of any nature whether express or implied. All descriptions, dimensions, maps, plans, artists impressions, references to condition, permissions or licences of use or occupation, access and other details are for guidance only and may be subject to change, without prior notification. The particulars and information are given in good faith but no intending purchaser / tenant should rely on them as statements or representations of fact and is specifically advised to undertake its own due diligence (at its own expense) to satisfy itself as to the accuracy and / or correctness of the particulars and information given. None of JLL, its employees, agents or affiliate companies, makes any warranty or representations whether express or implied with respect to the particulars and / or information and which are to the fullest extent permitted by law, disclaimed; furthermore, such parties accept no liability in respect of any loss suffered by any intending purchaser / tenant or any third party arising out of the particulars or information. Prices are quoted exclusive of applicable taxes such as VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchaser / lessee shall be liable for any applicable taxes or VAT arising out of the transaction. PSRA number: 002273 Brochure design by