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Manor Mills_16pp Brochure

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INCOME<br />

PROFILE<br />

TOP TEN TENANTS<br />

TENANT RENT € %<br />

1 Hickeys Pharmacy €205,000 16.68%<br />

2 Eason €90,000 7.32%<br />

3 Paul Byron Shoes €78,107 6.35%<br />

4 Chill Downtown Restaurant €75,650 6.15%<br />

5 Elverys Intersport €75,000 6.10%<br />

6 Carrig Donn €60,000 4.88%<br />

7 O’ Briens Sandwich Bar €59,422 4.83%<br />

8 Holland & Barrett €57,837 4.71%<br />

9 Mullins & Henry Opticians €53,213 4.33%<br />

10 Zeba Hairdressing €53,000 4.31%<br />

Remainder €421,999 34.33%<br />

*Based on NOI €1,229,228 100%<br />

TENANCY OVERVIEW<br />

<strong>Manor</strong> <strong>Mills</strong> Shopping Centre is let<br />

in accordance with the tenancy and<br />

accommodation schedule available on<br />

the data room.<br />

The centre currently generates a gross<br />

annual income of €1,330,210 from 33<br />

tenants/licensees. After deduction of<br />

all occupational shortfalls, the centre<br />

produces a net operating income of<br />

€1,229,228 per annum.<br />

The majority of leases are effectively<br />

on full repairing and insuring terms<br />

by means of a comprehensive service<br />

charge. In addition, seven tenancies<br />

incorporate some form of base rent<br />

and turnover provision within<br />

their lease.<br />

<strong>Manor</strong> <strong>Mills</strong> boasts a strong tenant<br />

line-up with 70% of the income<br />

secured to international/national<br />

brands. The centre has a weighted<br />

average unexpired lease term (WAULT)<br />

of 8.64 years to the earlier of break/<br />

expiry based off the net rent.<br />

RENT BY RETAILER TYPE<br />

19.4%<br />

29.5%<br />

51.1%<br />

INCOME BY TERM CERTAIN<br />

SPACE OCCUPIED<br />

National<br />

Local<br />

International<br />

49.8%<br />

50.2%<br />

10+ years<br />

0-5 years<br />

95%<br />

110,891 Sq. Ft.<br />

12 MANOR MILLS MAYNOOTH // CO. KILDARE

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