FILLER

PICTURE

Property Highlights Contact

• Excellent investment opportunity situated in a prominent

position in Foxborough, Lucan, Co. Dublin.

• The property comprises a ground floor retail unit located in a

mixed use development (The apartments on the first floor do

not form part of the sale).

• The unit extends to 384.23 sq m (4,136 sq ft).

• The entire is occupied by Vive Supermarkets Limited t/a

Centra on a 25 year lease from 23/03/2012 at a rent of

€65,000 per annum (Guaranteed by Musgrave Limited to

08/06/19).

cushmanwakfield.ie

Peter Love

Email:

peter.love@cushwake.ie

Tel: +353 1 639 9612

Gareth McKeown

Email:

gareth.mckeown@cushwake.ie

Tel: +353 1 639 9396

Cushman & Wakefield

164 Shelbourne Road

Ballsbridge,

Dublin 4

Ireland

Tel: +353 (0)1 639 9300

For Sale

Unit 1 & 2, Foxborough Road, Lucan, Co Dublin

Location

The property is located in Foxborough, Lucan, Co.

Dublin. Foxborough is situated approximately 14 km

west of Dublin City Centre and 4 km south east of

Lucan Village. Lucan is an established residential area

situated in west Dublin and is bordered by Leixlip to the

west, Clondalkin to the south and east and the River

Liffey to the north. According to Census 2016, the

population of Lucan is approximately 50,000.

More specifically the property is situated on

Foxborough Road and is located approximately 2.5 km

south of Junction 3 of the N4 national road running from

Dublin to the northwest of Ireland and Sligo Town. The

surrounding area is predominantly residential in nature.

The property comprises a retail unit occupied by Centra.

Internally it is fully fitted out to provide retail

accommodation and is finished to a high specification

with tiled floors, plastered and painted walls and

suspended ceilings. The shop is largely open plan with

perimeter and gondola shelving and also provides an

off-licence and a checkout counter. There are storage

and staff rooms to the rear of the unit, accessed via

security doors. There is also an ATM bunker which

fronts onto Foxborough Road.

Description

Guide Price

BER details

BER No. 800632507

Energy Performance Indicator 495.34 kWh/m2/yr 0.81

Schedule of Accommodation

Floor Sq M Sq Ft

Ground floor 384.23 sq m 4,136 sq ft

Tenure

Seeking offers in excess of €720,000 which

equates to a NIY of 8.32% after standard

purchasers costs.

We understand that Unit 1 & 2 are held under a

leasehold title of 900 years from 1 August 2001.

A full copy of our general brochure conditions can be viewed on our website at

http://www.sherryfitz.ie/terms, or can be requested from your local Cushman and Wakefield

office. We strongly recommend that you familiarise yourself with these general conditions.

While care has been taken to ensure that information contained in Cushman & Wakefield

publications is correct at the time of publication, changes in circumstances after the time of

publication may impact on the accuracy of this information. PSRA Registration Number:

002222.

Tenancy

Let to Vive Supermarkets Limited on a 25 year

lease from 23/03/2012 at a rent of €65,000 per

annum (Guaranteed by Musgrave Limited to

08/06/19).Tenant b/o 23/03/2023 subject to 6

months notice. Open market rent review in the

eight, tenth, fifteenth and twentieth year of the term.

Any intended purchaser will need to satisfy themselves as to the exact area of the subject property.

Rates

We understand that the 2018 Rates payable to

South Dublin County Council are approximately

€16,621 per annum.