Sandhills Shopping Centre brochure.indd
FOR SALE INVESTMENT TENANTS NOT AFFECTED
Hacketstown Road Co. Carlow
Current rent €427,900 p.a. Easily managed retail investment Modern shopping centre comprising 9 units, including a first floor restaurant Good tenant mix LOCATION
Anchored by SuperValu
The property is well located on the Hacketstown Road, less than 2 km from Carlow town centre. Carlow is a vibrant town with a population and catchment of over 54,000 (2011 census). The town is located well within commuting distance of Dublin, with numerous International employers including MSD, Netwatch and Oglesby and Butler. Carlow is also a student town with a large Institute of Technology Campus. The centre itself is located just off the N80 ringroad, on the Pollerton side of the town, an established area that benefits from a vibrant commercial presence. The area surrounding the Shopping Centre has also experienced significant residential development over the last ten years.
Long unexpired lease terms
DESCRIPTION Sandhills Shopping Centre was constructed in 2008 and comprises an “L” shaped neighbourhood centre located on a rectangular site with vehicular access to both Hacketstown Road and Sandhills Road. The property has approx. 95 m frontage onto Hacketstown Road and 90 m onto Sandhills Road. The property comprises eight external retail units and a restaurant at first floor level. The combined floor area is approx. 2,533 sq. m. (27,261 sq. ft.) with customer surface car parking for 100 cars. The centre is anchored by SuperValu and other occupiers include Crotty’s Bakery, Chemco Pharmacy and Boyle Sports Bookmakers.
The property comprises eight external retail units and a restaurant at first floor level. The combined floor area is approx. 2,533 sq. m. (27,261 sq. ft.) with customer surface car parking for 100 cars.
Dublin
R417
R448 N80 R726
Carlow Town
Waterford R725
ACCOMMODATION SCHEDULE
M9
N80
Unit No. Tenant
Lease start date
Expiry date of lease
Contracted rent (annual)
Abated rent (annual)
Floor area sq. m.
Floor area sq. ft.
Unit 1
Antonio’s Diner
01/07/09
30/06/30
€ 55,000
€ 31,200
141
1,515
Unit 2
Sandra’s Hair Studios
TBC
TBC
€ 25,000
€ 25,000
96
1,036
Unit 3
Dry Cleaners
30/06/08
29/06/30
€ 50,000
€ 25,200
98
1,053
Unit 4
Chemco Pharmacy
01/04/09
31/03/30
€ 45,000
€ 45,000
98
1,060
Unit 5+6
SuperValu Supermarket
30/06/08
29/06/33
€ 175,000
€ 175,000
1,650
17,756
Unit 7
Crotty’s Bakery
01/10/10
31/12/30
€ 42,492
€ 30,000
143
1,540
Unit 8
Boyle Sports
01/02/11
30/01/61
€ 42,500
€ 42,500
114
1,232
Unit 9
Ho Ting Asian Cuisine
01/10/10
01/10/30
€ 30,000
€ 20,800
162
1,742
Unit 10
Dolmen Barbers
22/11/08
21/11/28
€ 25,000
€ 20,000
30
326
Roof
Three
TBC
TBC
€ 13,200
€ 13,200
€ 503,192
€ 427,900
2,533
27,261
CONTACT
SOLICITOR
Michele McGarry [email protected] +353 1 633 3700
CAR PARKING
Purdy FitzGerald Solicitors, Kiltartan House, Forster St., Galway. Norman Fitzgerald Tel : +353 91 565 765
The property has the benefit of a large surface car park with 100 customer car spaces.
The above particulars are issued by Colliers International on the understanding that all negotiations are conducted through them. Every care is taken in preparing the particulars which are for guidance only and the firm do not hold themselves liable for any inaccuracies. Maps are not to scale and areas/ dimensions are approximate. All reasonable offers will be submitted to the owners for consideration but the contents of this brochure will not be deemed to form the basis of any contract subsequently entered into. PSRA.
TITLE
Richard Bielenberg [email protected] +353 1 633 3700
design | conradjones.com
BER
We understand that the property is held freehold.
Hacketstown Road Co. Carlow
Current rent €427,900 p.a. Easily managed retail investment Modern shopping centre comprising 9 units, including a first floor restaurant Good tenant mix LOCATION
Anchored by SuperValu
The property is well located on the Hacketstown Road, less than 2 km from Carlow town centre. Carlow is a vibrant town with a population and catchment of over 54,000 (2011 census). The town is located well within commuting distance of Dublin, with numerous International employers including MSD, Netwatch and Oglesby and Butler. Carlow is also a student town with a large Institute of Technology Campus. The centre itself is located just off the N80 ringroad, on the Pollerton side of the town, an established area that benefits from a vibrant commercial presence. The area surrounding the Shopping Centre has also experienced significant residential development over the last ten years.
Long unexpired lease terms
DESCRIPTION Sandhills Shopping Centre was constructed in 2008 and comprises an “L” shaped neighbourhood centre located on a rectangular site with vehicular access to both Hacketstown Road and Sandhills Road. The property has approx. 95 m frontage onto Hacketstown Road and 90 m onto Sandhills Road. The property comprises eight external retail units and a restaurant at first floor level. The combined floor area is approx. 2,533 sq. m. (27,261 sq. ft.) with customer surface car parking for 100 cars. The centre is anchored by SuperValu and other occupiers include Crotty’s Bakery, Chemco Pharmacy and Boyle Sports Bookmakers.
The property comprises eight external retail units and a restaurant at first floor level. The combined floor area is approx. 2,533 sq. m. (27,261 sq. ft.) with customer surface car parking for 100 cars.
Dublin
R417
R448 N80 R726
Carlow Town
Waterford R725
ACCOMMODATION SCHEDULE
M9
N80
Unit No. Tenant
Lease start date
Expiry date of lease
Contracted rent (annual)
Abated rent (annual)
Floor area sq. m.
Floor area sq. ft.
Unit 1
Antonio’s Diner
01/07/09
30/06/30
€ 55,000
€ 31,200
141
1,515
Unit 2
Sandra’s Hair Studios
TBC
TBC
€ 25,000
€ 25,000
96
1,036
Unit 3
Dry Cleaners
30/06/08
29/06/30
€ 50,000
€ 25,200
98
1,053
Unit 4
Chemco Pharmacy
01/04/09
31/03/30
€ 45,000
€ 45,000
98
1,060
Unit 5+6
SuperValu Supermarket
30/06/08
29/06/33
€ 175,000
€ 175,000
1,650
17,756
Unit 7
Crotty’s Bakery
01/10/10
31/12/30
€ 42,492
€ 30,000
143
1,540
Unit 8
Boyle Sports
01/02/11
30/01/61
€ 42,500
€ 42,500
114
1,232
Unit 9
Ho Ting Asian Cuisine
01/10/10
01/10/30
€ 30,000
€ 20,800
162
1,742
Unit 10
Dolmen Barbers
22/11/08
21/11/28
€ 25,000
€ 20,000
30
326
Roof
Three
TBC
TBC
€ 13,200
€ 13,200
€ 503,192
€ 427,900
2,533
27,261
CONTACT
SOLICITOR
Michele McGarry [email protected] +353 1 633 3700
CAR PARKING
Purdy FitzGerald Solicitors, Kiltartan House, Forster St., Galway. Norman Fitzgerald Tel : +353 91 565 765
The property has the benefit of a large surface car park with 100 customer car spaces.
The above particulars are issued by Colliers International on the understanding that all negotiations are conducted through them. Every care is taken in preparing the particulars which are for guidance only and the firm do not hold themselves liable for any inaccuracies. Maps are not to scale and areas/ dimensions are approximate. All reasonable offers will be submitted to the owners for consideration but the contents of this brochure will not be deemed to form the basis of any contract subsequently entered into. PSRA.
TITLE
Richard Bielenberg [email protected] +353 1 633 3700
design | conradjones.com
BER
We understand that the property is held freehold.
