BEECHMOUNT SHOPPING CENTRE & ADJOINING SITE NAVAN, CO. MEATH

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1 BEECHMOUNT SHOPPING CENTRE & ADJOINING SITE NAVAN, CO. MEATH (AVAILABLE IN 1 OR MORE LOTS) FOR SALE - BY PRIVATE TREATY (TENANTS NOT AFFECTED) HIGH YIELDING RETAIL INVESTMENT WITH ADJOINING DEVELOPMENT SITE

2 SUMMARY High yielding retail and office investment opportunity with adjoining 1.58 Ha. (3.90 Acres) site Adjoining 1.58 ha (3.90 Acre) site zoned objective C1 mixed use Current Rent receivable of 419,715 per annum with immediate opportunity to increase 98% occupancy 1 km south of Navan town centre Town Population of 28,559 (2011 Census)

3 Beechmount SC & Adjoining Site LOCATION Navan has a population of 28,559 (2011 Census) Fifth largest Town in Ireland 46 Km north west of Dublin Located along M3 Motorway Beechmount Shopping Centre is located on the Trim Road less than 1km from Navan town centre Surrounded by mature residential estates Local employers include Tara Mines, Energie and Welsh Allyn To Town Centre u

4 DESCRIPTION Neighbourhood scheme of 3,096 sq.m 160 metre road frontage to Claremont Avenue and the Trim Road Anchored by a 2,121.4 sq.m SuperValu with a further 80 sq.m at first floor 8 retail units & 2 office units comprising of approximately 919 sq.m with extensive on site surface car park with approximately 150 spaces 98% occupancy Adjoining undeveloped site of 1.58 ha (3.9 Acres) zoned Objective C1 - Mixed use

5 SHOPPING CENTRE FLOOR PLAN SCHEDULE OF AREAS Unit Tenant Trading As Area Sq Ft Ground Floor 1 Anthony & Luigi Pacini Gino's Take Away Vacant _ Emer O'Driscoll O'Driscolls Pharmacy Daniel & Lilanna Ichim Dodo Restaurant Ltd Tanya Kelly Petals & Pressies Frank Burke & Roisin Burke Bubbles Laundrette Linda Tolan Hairwaves Sean Fox Foxes Bookmakers Supermarket O Birds Foodmarket Ltd Super Valu 23,699 First Floor ATM Allied Irish Bank Plc Banklink First Floor-Unit The Health Service Executive HSE Office 4,384 5 First Floor-Unit 1 Tenant: Caroline Kane Guarantor: Stephen Kane Precious Moments 448 ATM TOTAL 33,329 Note: A new unit of circa. 740 sq ft will be created between unit 5&6 post completion of tenant fit out works (O Bird s Supervalu). Purchasers should satisfy themselves as to the accuracy of the floor areas provided above.

6 TENANCY SCHEDULE Unit Tenant Trading As Area Sq Ft Start Date Lease Expiry Lease Term (Years) Rent Recievable Ground Floor 1 Anthony & Luigi Pacini Gino's Take Away Jul Jul ,500 2 Vacant _ Emer O'Driscoll O'Driscolls Pharmacy Oct Sep ,000 4 Daniel & Lilanna Ichim Dodo Restaurant Ltd Sep Aug , Tanya Kelly Petals & Pressies Mar-02 Overholding _ 9,427 6 Frank Burke & Roisin Burke Bubbles Laundrette Nov Oct Linda Tolan Hairwaves 468 No Lease 10,564 8 Sean Fox ** Foxes Bookmakers 382 No Lease 9,545** Supermarket O Birds Foodmarket Ltd*** Super Valu 23,699 July ,000 ATM Allied Irish Bank Plc **** Banklink Oct-01 Overholding _ 6,500 First Floor First Floor-Unit The Health Service Executive HSE Office 4, Apr Dec ,250 First Floor- Unit 1 Tenant: Caroline Kane Guarantor: Stephen Kane Precious Moments Jun Jun ,130 ** Unit 8 - New lease pending with bookmaker at 9,545 per annum. *** Supermarket - Tenant Break Option in year 10. **** ATM - Lease renewal underway. TOTAL 33, ,715

7 DEVELOPMENT SITE / ZONING The un-developed site adjoining Beechmount extends to 1.58 ha (3.9 Acres) in total with extensive frontage onto the Claremont Avenue. Site is zoned Objective C1 under the Navan Development Plan Zoning - To provide for and facilitate mixed residential and business uses in existing mixed use central business areas Navan Development Plan Navan Development Plan PDF

8 AGENTS TITLE LOT 1 Freehold and Long Leasehold Beechmont Shopping Centre and Car Park with the benefit of the existing occupational tenancies and rental income. SOLICITOR Sheehan & Company Solicitors 1 Clare Street Dublin 2 PSRA: STREETVIEW Click here for streetview Property Consultants and Chartered Valuation Surveyors Hambleden House 19/26 Pembroke Street Lower Dublin 2 LOT ha (3.9 acre) site adjoining Beechmount Shopping Centre. LOT 3 The Entire. BER CONTACT David Carroll [email protected] Rod Nowlan [email protected] Paul Doyle [email protected] These particulars are issued by Bannon on the understanding that any negotiations relating to the property are conducted through them. While every care is taken in preparing them, Bannon, for themselves and for the Vendor/lessor whose agents they are, give notice that: (1) The particulars are set out as a general outline for guiding potential purchasers/tenants and do not constitute any part of an offer or contract. (2) Any representation including description, dimensions, references to condition, permissions or licences for uses or occupation, access and any other details are given in good faith and are believed to be correct, but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves (at their own expense) as to their correctness. (3) Bannon nor any of its employees have any authority to make or give any representation or warranty in relation to the property. HOME EXECUTIVE SUMMARY LOCATION DESCRIPTION FLOOR PLANS TENANCY SCHEDULE DEVELOPMENT CONTACT