BER = B3
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Meridian Point Shopping Centre

Meridian Point Shopping Centre, Church Road
Greystones
Ireland
IE
2604 sq.m.
Price: 5,500,000

Overview

Investment Highlights
- High-yielding retail investment opportunity
- Established, successful centre, enjoying 100% occupancy and rising footfall
- Prime location in the heart of thriving Greystones
- Key commercial hub in north Wicklow and expanding residential commuter location for Dublin
- Comprising total of 20 tenancies, anchored by Sports Direct and An Post with over 180 surface
  car-parking spaces
- Generating a current rental income of €607,652 p.a. producing a NIY of 10.05%
- WAULT of 7.25 years to lease expiry and 5.81 years to break


Location
Meridian Point is a busy shopping centre off Greystones main thoroughfare (Church Road), comprising a range of retail units facing on to a central courtyard, boasting a mix of international, national and local retailers, with generous car-parking to the rear.

Greystones is a thriving coastal town in north Co. Wicklow situated approximately 32km south of Dublin city centre and serving a wide catchment. The town benefits from excellent transport links.

Description
Meridian Point is 100% let and a modern, well managed and maintained centre, extending to approximately 2,604 sq.m. (28,026 sq.ft.) with 20 tenancies in total and 181 car spaces.

Energy Rating

BER: B3
BER No.
Energy Performance  kWh/m2/yr

Property Location