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Tallaght Village commercial property on market with guide price of €4.8 million

The property, which is being sold by Lisney Commercial, is located on Main Road and is currently let to Bryan S Ryan, the HSE and Dun Laoghaire Education and Training Board.

The 2,555sq m building is divided into three separate units, each with their own access points, and a car park with 69 spaces.

It currently produces a rental income of €453,600, and has a weighted average unexpired lease term of more than 8.1 years.

Bryan S Ryan pays a rent of €272,600 for 1,373sq m (14,789sq ft) on a lease that is due to run until 2026.

The HSE pays a rent of €84,000 for 404sq m (4,357sq ft), which is used as an outpatients paediatric facility. Its lease is due to run until 2030.

The third unit of 776sq m (8,360sq ft), occupied by the educational board, is held on a new 10-year lease at a rent of €97,000 per annum.

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About Padraig Conlon

Padraig Conlon
More on Padraig coming soon.

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