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Avoca Portfolio

   

Portfolio Highlights

  • Two flagship outlets Greater Dublin Area, in Rathcoole, Co. Dublin & Kilmacanogue , Wicklow.
  • Generating a rent of €1,681,875 per annum on 30 year FRI leases with no breaks which expire in September 2047.
  • Let to Avoca Handweavers Shops Ltd with 14 outlets located throughout Ireland.
  • Guaranteed by Aramark (NYSE:AMRK), a blue chip Fortune 500 company.
  • The two properties extend to approximately 6,534 sq.m (70,331 sq.ft ).
  • Income protection is provided via 5 yearly CPI rent reviews which are capped at 3.5% and collared at -0.5% compounded annually.
  • Anticipated uplift at review in 2027 which is forecasted to achieve under €2m.

For further information please contact:

Seán O’Neill 

T: +353 86 388 9303

E: sean@twmproperty.ie

Stephen Aherne

T: +353 87 346 4982

E: stephen@twmproperty.ie

 

Category: Hospitality & Leisure, Investments, Retail