Supermarket in Dublin City Centre for Sale, Net Yield = 6.9%, Freehold
Property type: supermarket
Purchase of established rental business
Tenure: freehold
Location: Dublin, Ireland
• property is conveniently located in the centre of Dublin
Lettable area: ca. 750 m2
Car parking facilities: underground car spaces
Anchor tenant: well-known supermarket chain
Remaining Lease Term: 5.9 years (with no tenant’s break option)
Possibility of renewal: YES
Rent Review: YES (Next Review: 2021)
Purchase price: 5,695,000 euro
(+ closing costs)
Gross Rental Income: 427,200 euro per annum
(+ indexation linked to inflation)
Gross Yield: 7.5%
Net Yield: 6.9%
