Giraffe Childcare, Northern Cross, Dublin 17SALE AGREED
Kelly Walsh have been instructed to sell a purpose built crèche facility occupied by Giraffe Crèche with rental income of €90,000 per annum. The property is located in the large mixed-use development in Northern Cross, Malahide Road, Clongriffin, Dublin 17.
The property is a purpose built crèche facility all on a single floor with excellent outdoor play areas, let on a long-term lease from 01st April 2019 at €90,000 per annum. The property comprises 578 sq. m. (6,225 sq. ft.) with an additional external area of 2,700 sq. ft.
The crèche is occupied by the highly reputable and award-winning covenant Giraffe Childcare which continues to operate as an independent subsidiary of Busy Bees, a UK based national crèche operator with 35 years’ experience in the sector. Busy Bees recently acquired all 21 Giraffe Childcare crèche facilities in Ireland, increasing the total number of crèches across England, Scotland and Wales to 374.
The property is one of the busiest Giraffe operations in Dublin and is set amongst a high quality mixed-use development with occupiers including Bank of Ireland, Meadows & Byrne, Aramark, Walls Construction, Mater Private Medical Care.
Kelly Walsh is seeking offers in the region of €1.1m for the property, which is a yield of 7.45% after costs.
Please contact Garvan Walsh at email@example.com or on 01-6645500.