Aldi, South Central, Sandyford
Sale Agreed Q4 2021
INVESTMENT SUMMARY
Tenants not affected
- Current passing rent €603,376 per annum
- 25 year FRI lease from 11 October 2011 to Aldi Stores (Ireland) Limited
- Tenant break option 10 October 2029
- Lease expiry 10 October 2036
- CPI linked reviews with maximum increase of 4% per annum, next review 11.10.2021
- Modern ground floor unit extending to 1,879 Sq.m (20,226 sq.ft)
- 100 basement car parking spaces with travelator and lift access
- Guide price €10.75m, which reflects a Net Initial Yield of 5.1% after purchase costs of 9.96%.
Investment brochure available here
For further information or to arrange a viewing please contact
Patricia Ward
M: + 353 086 243 7912
T: + 353 1 611 0324
E: patricia@twmproperty.ie
Ryan Tyrrell
M: + 353 87 692 3923
T: + 353 1 611 0328
E: ryan@twmproperty.ie