Foyleside Shopping Centre, Derry/Londonderry, BT48 6EG
£34,250,000
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Description & Features
Foyleside Shopping Centre was developed in the early 1990s and officially opened in 1995. Over the years the centre has provided an excellent retail experience and acts as the dominant prime retailing destination in the city.
The centre is situated on an enclosed site extending to 364,637 sq. ft arranged over 4 levels. The entire scheme comprises of 53 units in total with 3 anchors units, 6 food court units in addition to mall kiosks.
The scheme is anchored by a 83,607 sq. ft (7,767 sq. m) Frasers, a 47,842 sq. ft (4,444 sq. m) Marks & Spencer to the north axis, as well as a 52,314 sq. ft (4,860 sq. m) Dunnes Stores to the south axis. All three anchor tenants are held on a long leasehold, full details of which are made available in the data room.
Foyleside Shopping Centre boasts an exceptional range of retailers including Next, H&M, Boots, Holland & Barrett, Monsoon, Waterstones, DV8 and River Island to name a few.
- Prime town centre scheme with high occupancy rate of 98%.
- Prime retail offer within the north-west of Northern Ireland.
- Shopping centre extends to approximately 364,637 sq. ft.
- Key anchor tenants are Frasers, Dunnes Stores and Marks & Spencer.
- Total site measures approximately 6.99 acres (2.83 hectares).
- Gross income of £4,396,178 pa and net operating income of £4,174,217 pa.
- WAULT to expiry of 4.53 years (3.81 years to break).
- Held majority freehold.
Housing Tenure
Type of Tenure
Not Provided
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