Description
An impressive retail and office / leisure development enjoying a prime trading location with excellent car parking facilities on main artery leading into Letterkenny from Derry / Dublin / Sligo. Phases 1 & 11 of the development which is principally anchored by the McGonagle group have been fully completed and occupied. Phase 111 now offers additional spacious retail and office / leisure accommodation in a variety of larger sized units.
Tenants
Phase 1 tenants include Donegal Tile Centre, The Fabric Centre, McGinley Sofas, National Irish Bank and Phase 11 tenants include Heatmerchants, McGonagle Group, Jules Hair & Beauty supplies and Letterkenny Institute of Technology. It is the Landlord's objective to encourage Homemaker type users to occupy the new ground floor retail units so as to create a one stop type centre for the retailing of household goods. E.g. Furniture, Carpets, Bedding, Lighting, Wallpaper / Paints, Electrical Brown & White Goods etc, etc. Other uses will be considered on merit.
Specification
Ground Floor units will be completed to shell finish with shop fronts installed. First floor units will be finished to include plastered and painted walls, normal electric installations, suspended ceilings, office type carpeting and decoration. Detailed architect drawings / floor plans are available on request.
Lease / Leases
The units are available on new 25 year full FRI leases subject to upward only rent reviews at five year intervals. Each tenant will be responsible for local authority rates, insurance contribution and service charge for the upkeep of common areas.
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