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The Topaz Service Station forms part of the Manor West Neighbourhood Centre.
A COMMERCIAL centre in Manor West has gone on the market at a guide price of €4,500,000.
Manor West Neighbourhood Centre is comprised of seven retail units and a restaurant with tenants such as Topaz and Boyle Sports, Seamus O’Sullivan Butchers and more. It is located adjacent to Manor West Retail Park and McDonalds Restaurant.
Sherry Fitzgerald Stephenson Crean along with joint agents Cashman and Wakefield are handling the sale of the development. Interest is expected from both national and international buyers.
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The overall current rent roll is €482,234 a year with units boasting a 87% occupancy rate. The service station is let to Topaz for a 20 year lease which began in 2001.
Strong interest is expected in the investment. There is also the opportunity to increase the current rent received with the letting of the two former Xtra Vision units at the rear of the Topaz station. It is for sale by private treaty and tenants are unaffected by the sale.
