For Sale by Private Treaty

Investment Opportunity (Tenant not affected)

Service Station and Retail Store, Victoria Road, , Ciara Horgan Co Email: [email protected] Site area 0.69 acres (0.279 ha) Direct Tel: 01 639 9229 Catherine Connolly • High profile commercial investment opportunity in Greystones Email: [email protected] • Fully let to the Ferry Store Limited trading as Centra Direct Tel: 01 639 9230 • Annual income €200,000 per annum DTZ Sherry FitzGerald • Unexpired lease term of 23.5 years 164 Shelbourne Road • Freehold Ballsbridge Dublin 4 Tel: +353 1 639 9300

Tel: +353 1 639 9300 www.dtz.ie Service Station and Retail Store, Victoria Road, Greystones, Co Wicklow Site area 0.69 acres (0.279 ha)

Location Description The petrol filling station and retail shop is The property occupies a pivotal corner site strategically located on a high profile corner site measuring 0.69 acres (0.279 hectares) with a within Greystones. Situated at the northern end covered Topaz Petrol Filling Station and forecourt of Church Road at its intersection with Victoria with eight operational pumps. There is ample car Road, the service station is in close proximity to parking to the front and left of the service station. Greystones town centre amenities and adjacent to A modern car wash occupies the right of the site. the fire station. The property also includes a modern single storey convenience store trading as a Centra convenience The affluent town of Greystones is located in store. It is fitted out with a deli counter, office North County Wicklow, 7 km south of Bray and licence, general convenience and a cold food section. approximately 30 km south of Dublin City Centre. Extending to approximately 240 sq ft (2,583.36 sq The town is well serviced by national rail, bus and m), GIA. The property was recently refurbished in road links. 2013. The property serves the town well, being the nearest petrol station, in terms of proximity, to the town Accommodation Schedule centre. Demise Use Sq M Sq Ft (GIA) (GIA) Centra Unit Retail 240 2,583.36 Total 240 2,583.36 Tenancy The property is entirely let to The Ferry Store Limited trading as Centra, on a 25 year lease from 18 July 2013, with an unexpired term of 23.5 years. The passing rent is €200,000 per annum with 5 yearly open market rent reviews. There is the benefit of a rental guarantee from Musgrave Limited for a period of 5 years limited to 2 years rent (€400,000). *Further tenancy information available directly from DTZ Sherry FitzGerald upon request Planning Planning consent for the site was granted in August 2012 under planning ref no. 12/6094. This planning consent has another 2 years left until expiry in 2017. The application includes permission for the construction of two single storey retail units and a single storey storage building, relocation of the car wash facility and provision of 17 no. car spaces and 16 no. bicycle spaces, with site development and landscape works. Tenure Freehold

DART Trainline

Greystones Harbour

Subject Property

Greystones Shopping Centre Greystones Town Centre

www.dtz.ie Service Station and Retail Store, Victoria Road, Greystones, Co Wicklow Site area 0.69 acres (0.279 ha)

BER details VAT BER C1 On Application Ber No. 800366288 Energy Performance Indicator: 702.98 kWh/m2/yr Viewings 1.03 Strictly by appointment through DTZ Sherry FitzGerald GUIDE PRICE Guide price €2,200,000 reflecting a Net Initial Yield Contact of 8.70% assuming standard purchasers costs of Ciara Horgan 4.46%. Email: [email protected] Direct Tel: 01 639 9229 Solicitors Catherine Connolly John McKenna Email: [email protected] Partner Direct Tel: 01 639 9230 McKenna McArdle Solicitors Elgee Building Market Square Dundalk Co Louth Tel: 042 939 4815

DTZ Sherry FitzGerald Conditions to be noted 1. These particulars do not constitute an offer or contract or any part thereof and none of the statements contained in the particulars as to the property to be relied on as a statement or representation of fact. 2. The vendor does not make or give, nor is the Agent(s) or its staff 164 Shelbourne Road authorised to make or give any representation or warranty in respect to this property. 3. All descriptions, dimensions, references to condition and necessary Ballsbridge, Dublin 4 permission for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy himself/herself by inspection or otherwise as to the correctness of each of them. 4. In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail. 5. The terms, Vendor and Purchaser, where Phone: +353 1 639 9300 the context requires shall be deemed to refer to Lessor and Lessee and Landlord and Tenant respectively. 6. Prices are quoted exclusive of VAT (unless Email: [email protected] otherwise stated) and the purchaser/lessee shall be liable for any VAT arising on the transaction. 7. DTZ Sherry FitzGerald Registration Number: 002222. www.dtz.ie