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€6,000,000
Supermarket Complex
46-52 Main Street
Rush
Co. Dublin
K56 KX27
Description
• Excellent Tenant Mix
• Almost 100% occupancy
• Total Passing Rent of €526,130 per annum
• Gross initial yield c. 8.75%
• c. 40 Surface Car Parking Spaces
• High Growth Area
46-52 Main Street Upper Rush comprises a modern destination neighbourhood downtown
centre incorporating a mix of retail, grocery, residential apartments and offices.
Anchored by Supervalu, this Neighbourhood Shopping Centre benefits from an excellent tenant mix of commercial and residential with a focus on daily shopping uses that drives strong footfall and serves the local community. In addition to Supervalu, commercial units are occupied by Boyle Sport and long standing local businesses including Bright Beginners Creche and Boylans Butchers. Additionally there is income from an ATM and mobile mast.
The residential units comprise a mix of 1, 2 and 3 bed apartments.
The property enjoys a high profile location in a high growth area of North County Dublin fronting directly on to Main Street in the busiest part of Rush town centre.
Rush is a busy seaside commuter town c. 21 km northeast of Dublin City centre. Its proximity to Dublin airport (20 mins), the M1 (10 mins) and the M50 (22 mins) together
with excellent bus and rail links to the city centre has seen it grow in popularity as a great place to live in recent years.
These locational factors are copper fastened by the amenities and natural beauty of the town itself with its two local beaches, two harbours and abundant array of sports and
social amenities. With a current population of c. 11,000, and growing, the town has experienced substantial housing development in recent years with many housing projects completed and others at various stages of
construction. The pipeline for future population growth is underscored by other proposed housing developments in planning and the Local Authority.
With these developments business in the town centre has expanded accordingly.
Fingal County Council have been actively encouraging the centralisation of commercial activity in the town centre and with no new neighbourhood centres planned this trend is set to continue.
Brochure with lease details available on request. Further information obtainable through agents or in dataroom. Access on request to the agents.
BER range D2 to B3 - full details in dataroom.
Viewing by appointment with agents.
About the Area
Rush is a small seaside town in Fingal, on the Irish Sea coast between Skerries and Lusk. It had a population at the 2011 census of 9,231. Rush has several pubs and clubs, as well as a small number of restaurants. The local Millbank Theatre, home to Rush Dramatic Society is respected for its quality plays and dramas. Rush Musical Society is well respected for its annual productions also. Rush has two sandy beaches which are separated by the rocky head of the peninsula and Rush Harbour. The prevailing winds and tides make Rush South Beach an extremely popular kitesurfing location while its sand and dunes attract many visitors. Close to the south shore is 9 hole golf links.
Rush sailing club is also located near the south shore and operates from a second harbour, Rogerstown harbour, situated on the Rogerstown Estuary. This harbour is also used by a supply boat, The Shamrock, which provides supplies for the inhabitants of Lambay island.
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Help To Buy Scheme
The property might qualify for the Help to Buy Scheme. Click here to see our guide to this scheme.
First Home Scheme
The property might qualify for the First Home Scheme. Click here to see our guide to this scheme.