Unit 360A The Square Shopping Centre, Tallaght, Dublin 24

Property Description:

An outstanding retail investment opportunity in one of Ireland’s largest shopping centres, The Square, Tallaght, comprising 1,310 sq. ft. (121.7 sq. m.) NIA over an open plan café unit with a seating area and a remote storage area close by.

The property is let to Cosmas Tallaght Limited (trading as O’Briens Café) on a 10-year lease from 16 September 2024, with a term certain of 4.46 years and a WAULT to expiry of 9.46 years as of April 1^st, 2025. The rental income is as follows: €37,500 per annum in the first year, €75,000 per annum in the second year and €82,000 from year three onwards.

The unit is ideally located in the biggest shopping centre in Tallaght, a southwest suburb of Dublin, with a significant catchment area. The property is easily accessible by numerous ways of transport including the Luas Red Line, which stops directly outside the Centre as well as ample Dublin bus routes. The M50, Dublin’s main motorway, is 2.5 km to the east.

The Square is home to over 160 retail units and restaurants and a 13-screen cinema across 575,000 sq. ft. of space. Anchor tenants include Tesco, Dunnes Stores, Penneys and JD Sports.