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Investment/Development Opportunity - Daft.ie

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capital markets<strong>Investment</strong>/<strong>Development</strong> <strong>Opportunity</strong>19 Church Road, Ballybrack, Co. Dublin.For Sale by Private Treaty• Superb Retail <strong>Investment</strong> with stable cash flow for 25 years and development potential for residentialunits above.• Ballybrack is directly beside Killiney, one of the highest residential demand areas in Ireland thatcommands above average prices.for further information or to arrange a v<strong>ie</strong>wing please contactJohn Moran, Email: john.moran@eu.jll.comMax Reilly, Email: max.reilly@eu.jll.comGeorge Hanley, Email: george.hanley@eu.jll.comTim Jones, Email: tim.jones@eu.jll.com+353 1 673 1600www.joneslanglasalle.<strong>ie</strong>ServicesCapital Markets | Advisory | Office Agency | Retail Agency | Industrial Agency | Project Management |Property Management | Occup<strong>ie</strong>r Services | Research & Consultancy


Location• Centre of Ballybrack Village, Church Road• Approximately 15km south-east of Dublin city centre• Approximately 1km south of Killiney village - theheart of Grade A residential locations• Excellent transport links with Dart and M50 minutesawayNET INTERNAL AREA Sq. M Sq.FTRetail 173.36 1,866Storage 90.41 973Total 263.77 2,839All intending purchasers/tenants are specifically advised to verify the floor/site areasand undertake their own due diligenceAnalysis Sq. M Sq.FTRetail € 495 € 46Storage € 112 € 10Description• Detached single storey retail unit with rear yardaccess• Constructed to allow for upper floor development• Capable of three apartments overhead(Subject to P.P.)Term• 25 year FRI lease from completion providing forstable returns and enhanced banking security.• There are 5 yearly rent rev<strong>ie</strong>wsRent€ 96,000 P.A.PRICE € 2,150,000Initial Y<strong>ie</strong>ld4.0% Actual nett inital can be significantlyenhanced towards 5% with the developmentof the upper floorsTenant• Mar<strong>ie</strong> Avondale Ltd• Trading as Centra Ballybrack• Centra are one of the most successful conven<strong>ie</strong>ncestore brands in Ireland with over 400 shopsnationwide+353 1 673 1600www.joneslanglasalle.<strong>ie</strong>John Moranjohn.moran@eu.jll.comMax Reillymax.reilly@eu.jll.comGeorge Hanleygeorge.hanley@eu.jll.comTim Jonestim.jones@eu.jll.comTel: +353 1 673 1600DisclaimerThe particulars and information contained in this brochure, are issued by Jones Lang LaSalle on the understanding that all the negotiations are conducted through them. Whilst every care has been taken in the preparation ofthe particulars and information they do not constitute an invitation to treat, an offer or a contract of any nature whether express or impl<strong>ie</strong>d. 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 intendingpurchaser/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 theparticulars and information given. None of Jones Lang LaSalle, its employees, agents or affiliate compan<strong>ie</strong>s, makes any warranty or representations whether express or impl<strong>ie</strong>d with respect to the particulars and/or informationand which are to the fullest extent permitted by law, disclaimed; furthermore, such part<strong>ie</strong>s accept no liability in respect of any loss suffered by any intending purchaser/tenant or any third party arising out of the particulars orinformation. 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 arisingout of the transaction.

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