Supermarket Complex, 46-52 Main Street, Rush, Co. Dublin

€6,000,000

Beds
Price	€6,000,000
Property Type
Size	0 meters²
Energy Rating	BER-B3
Refreshed on	Apr 25, 2024
Eircode	K56 KX27

Description

• Purpose Built Town Centre Investment • Excellent Tenant Mix • Almost 100% occupancy • Total Passing Rent of 526,130 per annum • Gross initial yield c. 8.75% • c. 40 Surface Car Parking Spaces • High Growth Area 46-52 Main Street Upper Rush comprises a modern destination neighbourhood downtown centre incorporating a mix of retail, grocery, residential apartments and offices. Anchored by Supervalu, this Neighbourhood Shopping Centre benefits from an excellent tenant mix of commercial and residential with a focus on daily shopping uses that drives strong footfall and serves the local community. In addition to Supervalu, commercial units are occupied by Boyle Sport and long standing local businesses including Bright Beginners Creche and Boylans Butchers. Additionally there is income from an ATM and mobile mast. The residential units comprise a mix of 1, 2 and 3 bed apartments. The property enjoys a high profile location in a high growth area of North County Dublin fronting directly on to Main Street in the busiest part of Rush town centre. Rush is a busy seaside commuter town c. 21 km northeast of Dublin City centre. Its proximity to Dublin airport (20 mins), the M1 (10 mins) and the M50 (22 mins) together with excellent bus and rail links to the city centre has seen it grow in popularity as a great place to live in recent years. These locational factors are copper fastened by the amenities and natural beauty of the town itself with its two local beaches, two harbours and abundant array of sports and social amenities. With a current population of c. 11,000, and growing, the town has experienced substantial housing development in recent years with many housing projects completed and others at various stages of construction. The pipeline for future population growth is underscored by other proposed housing developments in planning and the Local Authority. With these developments business in the town centre has expanded accordingly. Fingal County Council have been actively encouraging the centralisation of commercial activity in the town centre and with no new neighbourhood centres planned this trend is set to continue. Brochure with lease details available on request. Further information obtainable through agents or in dataroom. Access on request to the agents. BER range D2 to B3 - full details in dataroom. Viewing by appointment with agents.

Accommodation

BER Details

BER: B3

Negotiator

Shea Kelly

Description

Accommodation

BER Details

BER: B3

Negotiator