For Sale by Private Treaty

Tenants not Affected

  • Modern covered shopping centre extending to 10,851 SQ. M. (116,796 SQ. FT.) and forming the prime retail pitch in Maynooth town centre
  • Key anchor tenants include Dunnes Stores, Elverys, Hickeys Pharmacy and Eason
  • Other national retailers include Holland & Barrett, Tiger, Vodafone, Carrig Donn, Mexx, KBC and Carphone Warehouse
  • Benefits from 500 dedicated underground car parking spaces
  • Numerous asset management opportunities to increase income return
  • 70.5% of the current income is secured to national/multinational retailers
  • 50.2% of the current income is secured for greater than 5 years
  • Weighted average unexpired lease term of 12.04 years (no breaks) 8.64 years (including breaks)
  • 95% occupancy (by floor space)
  • Average weekly footfall in excess of 50,000 people
  • The property currently generates a Net Operating Income (NOI) of €1,229,228 per annum
  • Freehold
  • Offers are sought in excess of €13,400,000 (Thirteen Million Four Hundred Thousand Euros) reflecting a net initial yield of 8.78% assuming standard purchasers costs of 4.46%

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