Lease for Sale -Price reduced €75,000 - Newsagent
Location: The property is located in an excellent trading position on the ground floor of Rathfarnham Shopping Centre. Rathfarnham Shopping Centre has Tesco and Penney’s as anchor tenants and 30 shop units on two levels together with a surface level car park for over 400 cars. The centre is surrounded by a large mature residential area and is located 6KM south west of Dublin City centre.
Description: The property comprises a ground floor fully fitted newsagents of 114Sq.M. including a rear office, store and w.c. There is also rear vehicular access. The shop has a double fronted shop front with roller shutter grill and alarm. The business incorporates news agency, confectionery, stationery, cards, ice cream minerals, and lottery and lotto.
Ground Floor Sq.m.
Shop 114 .9 sq.m.
Title: The shop is held on a 25 year lease with 5 year rent reviews from 1 June 2015, subject to a current rent of €49,000 p.a.
Rates: The current rates payable are €13,900 p.a
Turnover: The business enjoys a turnover of €1,400,000 p.a. Certified turnover figures are available on request.
Fixtures, fittings and equipment: An inventory of fixtures, fittings and equipment included in the sale is available on request.
Trading Hours: The current trading hours are 8am – 6 p.m. Monday to Friday 8am-6.30 Sat 8am-4pm Sun.
Stock: A purchaser will be required to purchase the remaining stock in trade at cost price at the closing of the sale.