Property Overview:
Unit Price: 174,071.28 per sq. m (16,171.75 per sq. ft) per month



Property Description:
Units 2 B1 & 2 B2 comprise two ground floor retails which have been amalgamated and benefit from an excellent profile onto Main Street.

The Plaza is a modern development with retail units on the ground floor and apartments overhead. There is also a hotel, night club and restaurants. The development overlooks Civic Square, and is adjacent to the Ballymun Regeneration Project, the Motor Tax Office and a Heath Centre catering for a catchment of approximately 30,000 people.

The retail units are let to Paddy Leisure Bookmakers Limited and guaranteed by Paddy Power Limited, on a 20x5 FRI lease from 12th November 2007 at a current rent of 101,348 per annum. The lease expires in November 2027 and includes upwards only rent reviews and no break options.

Ballymun is located 5km north of Dublin City Centre, and provides easy access to the M50 and M1 Motorways, Dublin Airport and the Port Tunnel.

Features: Retail Investment Opportunity
Tenant not affected
Modern retail unit extending to approximately 166 sq m
Let to Paddy Power on a 20x5 FRI lease from November 2007
Currently producing 101,348 per annum
14 years secure income
Valuable Capital Allowances
Located approximately 5km from Dublin City Centre

Joint Agent:Jason Fielden
Lisney Investment
24 St. Stephen' s Green
Dublin 2
Tel: 01-638-2759