Unit 7 Harbour Mills, Drogheda Street, Balbriggan, County Du...€425,000
Description
Investment property with a 20 year lease. Tenants Not Affected/Business As Usual.
The property comprises a ground floor modern retail unit which forms part of the complex "Harbour Mill". Facing onto Drogheda Street, this main street unit experiences a high foot fall with a 10 meter glazed front facade. The interior has a hi-spec fit out throughout with an internal floor area of c.250 sq.m (c.2,691sq.ft)
Features
Town centre location
Modern dental fit out under "Smiles Dental" branding
Property is held under a FRI lease to Smiles Dental for 20 years
Annual rent of €35,000 to year 5
Neighbouring units are occupied by Permanent TSB, Allcare Pharmacy & Omniplex Balbriggan
Annual rent of €32,500 amending to €35,000 on years 3,4 & 5
BER Details
BER: C1 BER No.800192379 Energy Performance Indicator:794.12 kWh/m2/yr 1.1 kWh/m²/yr
Directions
From exit 6 proceed towards Balbriggan town passing through a roundabout, a set of traffic lights until you reach a T junction. Take the right and proceed 100 meters, the property is on the left hand side identified by a DNG Duffy sale board.
Viewing Details
By prior appointment with sole selling agents DNG Duffy
Contact - Keith Duffy
0874185904 or keith@dngduffy.ie
Note
Potential purchasers are specifically advised to verify the floor areas as part of their due diligence. Pictures/maps are for illustration purposes and potential purchasers should satisfy themselves of final finish and unit/land areas.
Tenure
It is understood that the property is held by way of a 500 year lease from 1st January 2003.
Tenancy
The unit is let to Smiles Dental on a 20 year FRI lease from 9th of September 2015. The terms of the lease allows a break clause on years 5 & 15.
Smiles Dental was established in 2005. Today, they have grown to become Ireland’s biggest and leading provider of dental care with over 18 branches nationwide.
Rooms
Ground Floor 250.0m2
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