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Little Explorers Childcare, Charlesland Centre, Greystones, Co. Wicklow

  • Auction
  • Lot 163
  • Ireland
  • Retail
  • Commercial

GUIDE PRICE €1,260,000

Addendum

Please note amendment to the contract for sale to include: MUD Replies Amendment to Special Condition 4(B) Insertion of Special Condition 4 (C) Amendment to Special Condition 8.4 Amendment to Special Condition 10

Property Summary

  • A substantial creche investment.
  • Extending to approximately 531 sq. m (5,522 sq. ft).
  • Set within a wider mixed use development.
  • Let to Little Explorers Childcare Limited t/a Little Explorers Creche.
  • Lease expiry 2032.
  • Current rent reserved €120,000 per annum.

Contact Us

Gillian Earley
Gillian Earley
Property Agent, here to help.
Shannon Scanlon
Vendor's Solicitor

Contact Us

Gillian Earley
Gillian Earley
Property Agent, here to help.
Shannon Scanlon
Vendor's Solicitor

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Description

The property is arranged over ground and first floors to provide a creche unit. The Charlesland Community Centre comprises a purpose built crèche set out over two floors in a three storey
commercial building. The crèche has a capacity for 101 children and benefits from a large outdoor play area.

Total floor areas extending to approximately 531 sq. m (5,522 sq. ft).

Location

  • Greystones is a coastal town in Co. Wicklow.
  • The town is situated approximately 25km south east of Dublin city centre.
  • Greystones is served by M11/N11 road network, providing convenient access to Dublin to the north and Waterford to the south.
  • The property is situated in the Charlesland Community Centre which is near the Charlesland Centre.

  • Surrounding occupiers include Supervalu, Charlesland Medical Centre, Centra and Tigernut Cafe.

Tenancy

The entire property is at present let to Little Explorers Childcare Limited t/a Little Explorers Creche for a term of 15 years from 01.12.2017 at a contractual rent of €120,000 per annum, exclusive of rates and VAT. The lease provides for a stepped rent at year 6 to €130,000 per annum, exclusive of rates and VAT. Furthermore the lease contains internal repairing and insuring covenants.

VAT

Please refer to Legal Documents

BER Rating

B3

BER Identification Number

800584005

Energy Performance Indicator

341.59 kWh/m²/yr

Helpful links

*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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