Bank of Ireland, Balbriggan, Co. Dublin

Savills is pleased to bring 24/26 Dublin Street, Balbriggan to the market, a high profile retail property, fully occupied by Bank of Ireland.
The property comprises a modern retail building extending to approximately 7,826 sq ft and is let to Bank of Ireland under two separate leases from April 2008 and July 2009.
The property is currently producing a strong total passing rent of €497,324 per annum, with a weighted average unexpired lease term of approximately 8.56 years.
Both leases feature upward-only rent reviews, linked to the higher of the open market rent or fixed 15% uplifts.
The property was redeveloped on a phased basis in 2007/2008.
Balbriggan is located just 35km north of Dublin and is a rapidly growing town offering excellent connectivity via the M1 motorway and rail links.
Balbriggan recorded a population of 24,322 in the 2022 Census, a 12.5% increase since 2016.
The subject property is located on Dublin Street, which is the main retail thoroughfare in the town, and thus enjoys excellent visibility and footfall.
The town is benefitting from ongoing public investment through a €50 million regeneration programme.
BER rating B3