Unit 124-126, The Square Town Centre, Tallaght, Dublin 24

Location

The property occupies an excellent external location in The Square Town Centre, Tallaght. The Square Town Centre is located in Dublin’s western suburbs at the junction of Belgard Road dual carriageway and the N81 in Dublin 24. It is located approximately 10km west of Dublin City Centre. The Square Town Centre is anchored by Tesco, Dunnes Stores and Debenhams Department Store.

The Centre benefits from an excellent transport system as it is located adjacent to the LUAS red line and has easy access to the M50, N81 and N7 roads.

Description

The subject property comprises a retail unit situated externally within The Square Town Centre.  The unit which is regular in shape extends to approximately 147 sq m (c. 1,582 sq ft).  The property has the benefit of a high level fit-out and would be suitable for a variety of uses, subject to the necessary planning permissions.  It fronts directly onto the surface car park.  Nearby retailers in The Centre include; Debenhams, Heatons and AWear.

Lease

The property is held under a 25 year FRI lease from 16th May 2006, subject to 5 yearly rent reviews. There is a tenant break option in the fifteenth year, subject to 6 months prior written notice.

Accommodation

The approximate net internal floor areas are as follows:

The above areas are subject to a final joint measurement.

Rent

€120,000 per annum

Rates

We understand that the annual rates (2010) for the property will be €13,533.

Service Charge

€22,058.84 per annum (as from 1st October 2009)