GPO Arcade O'Connell Street Dublin 1
Sale Agreed- Prime Dublin City Centre Investment Opportunity - 10 of the 13 retail units within the GPO Arcade with direct frontage onto Henry Street - Extending to approximately 1,306.3 sq m (14,060.9 sq ft) - Tenants include Specsavers, Subway and Nourish - WAULT: 5.48 years - Net Operating Income: €307,151 - 87% occupied by floor space (2 vacant units) - 76% of net income secured for greater than 5 years - Long Leasehold - Offers sought in excess of €4.05m reflecting a net initial yield of 7% assuming standard purchasers costs of 8.46%
