Airside South Quarter

Transcription

Airside South Quarter
FOR SALE BY PRIVATE TREATY
HIGH PROFILE INVESTMENT
Airside South Quarter
AIRSIDE RETAIL PARK, SWORDS, CO. DUBLIN
TENANTS NOT AFFECTED
Airside South Quarter
AIRSIDE RETAIL PARK, SWORDS, CO. DUBLIN
INVESTMENT
SUMMARY
¢High Profile modern mixed use retail, leisure
and office scheme constructed c. 2009
¢Contracted rent of approximately
€1.5 million per annum with a WAULT
of approximately 15 years
¢Approximately 8,424.82 sq. m. (90,684 sq. ft.)
across two blocks with over 270 surface
and basement car parking spaces
1 | Airside South Quarter
¢Occupiers include TGI Fridays, Starbucks,
O’Briens Sandwiches, Flyefit Gym, Hogs &
Heifers bar / restaurant and Ireland’s leading
super club.
¢Located just off the M1 in close proximity
to Dublin Airport and Swords
¢Opportunity to increase income through
letting the one remaining vacant floor
¢Mixed use scheme with a broad range
of occupiers
¢High catchment within a 20 minutes’ drive
¢Immediately beside one of Ireland’s
leading Retail Parks
Airside South Quarter
LOCATION
Situated in the hugely successful Airside Retail
Park, the property is on a high profile corner
on Nevinstown Lane. This prosperous location
boasts a mix of uses including one of the largest
and leading retail parks in Ireland, offices,
leisure, motor showrooms, restaurants, bars,
cafes and a hotel.
Airside South Quarter is
moments away from Swords
town centre, benefiting
from a catchment over
616,000 people within
a 20 minute drive.
Adjoining retailers include
B&Q, Harvey Norman,
Homestore & More, Smyths
Toys superstore and many
others. Other adjoining
occupiers include Ryanair,
VHI Swiftcare Clinic and The
Premier Inn Hotel.
Pavilions Shopping Centre
Swords Main Street
SWORDS
To Malahide u
DUNBOYNE M3
DUBLIN
AIRPORT
N2
M50
M1
MALAHIDE
Airside
South
Quarter
PORTMARNOCK
SANTRY
M1
M3
AIB
M50
BEAUMONT
SanDisk
BLANCHARDSTOWN
N1
DRUMCONDRA
Airside Retail Park
McDonalds
Airside
South
Quarter
Airside Motor Park
CLONDALKIN
To Dublin Airport 
Esquires Cafe
N7
AS
LU
Fun Galaxy
N81
DUBLIN
BAY
INE
DL
RE
M50
N81
DUBLIN PORT
CITY CENTRE
TALLAGHT
Premier Inn
DUBLIN
M50
N7
VHI Clinic
CLONTARF
PHOENIX
PARK
N4
CRUMLIN
EN LINE
LUCAN
E
LIN
BALLSBRIDGE
LUAS GRE
Ryanair
AIN
TR
EXPRESS
PORT
TUNNEL
Airside benefits from easy access to the
RATHFARNHAM
M1
and M50. Dublin Airport is also in
N11 approximately
close proximity, located
BLACKROCK
DUN LAOGHAIRE
2 km away.
Swords
continues
to be
DUNDRUM
among Ireland’sSANDYFORD
fastest growing towns,
IND. ESTATE
MARLEY
with PARK
expected continued growth into
N11
M50
GLENAGEARY
the future, solidifying its position in the
M50
Greater Dublin urban landscape.
Airside South Quarter | 2
DESCRIPTION
BLOCK A
BLOCK B
AIRSIDE SOUTH QUARTER CONSISTS OF TWO BLOCKS
CONSTRUCTED TO A VERY HIGH STANDARD CIRCA. 2009.
THE BLOCKS SIT WITHIN A SITE OF APPROXIMATELY
1.7 ACRES AND HAS THE BENEFIT OF A LARGE
BASEMENT CAR PARK. IN TOTAL THERE
ARE OVER 270 SPACES SPLIT
BETWEEN THE SURFACE
CAR PARK AND THE
BASEMENT.
Block A is a four storey multi-unit building
extending to approximately 57,079 sq. ft. located
to the front of the site. The block includes 5
ground floor retail units and a nightclub situated
on the upper floors with a ground floor entrance
area and lift serving all floors. There is also a
telecommunication mast located on the roof.
Internally the accommodation has been fitted
out to a high standard by the tenants.
Block B is a four storey building extending to
approximately 33,605 sq. ft. The ground floor
provides retail space and is currently vacant
and available to let. The upper levels consist
of a gym on the first and second floors and
a casino on the third floor. The upper floors
have the benefit of lift access serving all floors.
3 | Airside South Quarter
Airside South Quarter
TENANCY SCHEDULE
Demise
Occupier
Area Sq Ft
Area Sq.m
Lease Start
Lease End
Break Date
Ground Floor Unit 1
TGI Fridays and Starbucks
6,156
571.91
01/09/2010
31/08/2035
Ground Floor Unit 2
In Touch Beauty
969
90.02
01/10/2009
30/09/2034
Ground Floor Unit 3
O’Brien’s Sandwich Bar
1,000
92.90
21/10/2011
20/10/2036
21/10/2016
Ground Floor Unit 4 & 5
Hogs & Heifers
6,696
621.99
31/10/2013
30/10/2038
24/11/2018
Ground Floor Unit 6
Pizza Dog
1,163
108.05
22/07/2010
21/07/2035
Ground, First and
Second Floors
The Wright Venue
41,096
3,817.95
10/06/2009
09/06/2034
Telecommunication
Telefonica O2 Ireland Ltd
0
0
20/09/2011
09/12/2020
57,079
5,302.81
BLOCK A
SUBTOTAL
Current Passing /
Abated Rent pa
€1,225,000
BLOCK B
Ground Floor
Vacant
8,826
819.96
First and Second Floor
Flyefit
17,912
1,664.08
19/11/2013
18/11/2033
19/11/2023
Third Floor
Penthouse Casino
and Card Club
6,867
637.97
01/12/2011
30/11/2031
30/11/2021
SUBTOTAL
33,605
3,122.01
Current Passing /
Abated Rent pa
€277,340
TOTAL
90,684
8,424.82
Total Current Passing /
Abated Rent pa
€1,502,340
Please note a detailed tenancy schedule will be provided once a non-disclosure agreement has been executed.
In addition to the above there are over 270 car parking spaces at surface and basement level.
Floor areas are provided for indicative purposes only and subject to on site verification.
Airside South Quarter | 4
5 | Airside South Quarter
Airside South Quarter
STAIRS
STAIRS
STAIRS
tate Road
Airside Retail Es
STAIRS
T.G.I.
FRIDAY’S
STAIRS
HOGS &
HEIFERS
IN TOUCH
BEAUTY
O’BRIENS
PIZZA DOG
WRIGHT
VENUE
STARBUCKS
COFFEE
BLOCK A
Nevinstown Lane
BLOCK B
Nevinstown Lane
Airside South Quarter | 6
Airside South Quarter
AIRSIDE RETAIL PARK, SWORDS, CO. DUBLIN
CONTACT
For further information or inspection please contact:
Styne House, Upper Hatch St.,
Dublin 2, Ireland.
JOHN MORAN
+353 1 673 1600
[email protected]
BRIAN SHIELDS
+353 1 673 1678
[email protected]
MATTHEW FINNEGAN
+353 1 673 1696
[email protected]
The particulars and information contained in this brochure are issued by JLL on the understanding that all negotiations are conducted through them. Whilst every care has been taken
in the preparation of the particulars and information they do not constitute an invitation to treat, an offer or a contract of any nature whether express or implied. All descriptions,
dimensions, maps, plans, artists’ impressions, references to condition, permissions or licences of use or occupation, access and other details are for guidance only and may be subject
to change, without prior notification. The particulars and information are given in good faith but no intending purchaser / tenant should rely on them as statements or representations
of fact and is specifically advised to undertake its own due diligence (at its own expense) to satisfy itself as to the accuracy and / or correctness of the particulars and information given.
None of JLL, its employees, agents or affiliate companies, makes any warranty or representations whether express or implied with respect to the particulars and / or information and
which are to the fullest extent permitted by law, disclaimed; furthermore, such parties accept no liability in respect of any loss suffered by any intending purchaser / tenant or any third
party arising out of the particulars or information. Prices are quoted exclusive of applicable taxes such as VAT (unless otherwise stated) and all negotiations are conducted on the basis
that the purchaser / lessee shall be liable for any applicable taxes or VAT arising out of the transaction.
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