Unit 37, Longwalk Shopping Centre, Dundalk, Co Louth

Location

The subject property occupies an external unit at the entrance to Longwalk Shopping Centre, located off Clanbrassil Street in one of Dundalk’s main shopping thoroughfares. The Centre is easily accessed via the completed M1 motorway, 25 minutes from Newry, 25 minutes from Drogheda, 50 minutes from Dublin and 50 minutes from Belfast.

The Centre is anchored by Tesco and Penneys and also benefits from a good mix of local and national retailers including; Lifestyle Sports, Vodafone, Hallmark and Carroll’s Newsagents. The Centre is serviced by 450 surface car spaces.

Description

The unit is laid out to provide ground floor retail accommodation extending to approximately 142 sq m (c. 1,534 sq ft)  The property has the benefit of an excellent fit-out and would suit a variety of uses, subject to the necessary planning permissions.

Lease

The property is held under a 25 year FRI lease from 18th November 1995 with 5 yearly rent reviews.

Accommodation

The approximate net internal floor areas are as follows:

The above areas are subject to a final joint measurement.

Rent

€56,250 per annum

Rates

We understand that the annual rates (2010) for the property will be €11,248.

Service Charge

€17,468.40 per annum