Bargain shops complex

An entire shopping centre investment, with 16 vacant shop units, 450-space multi-storey car park, and six office units is for sale in market town Charleville via Savills — for €950,000.

The fully-built scheme in the town centre may have cost €20m to €30 m to develop, and was developed on a 3.5 acre site bought in 2006 for around €4m.

Although it has largely remained vacant, it has Dunnes Stores — who own their own 62,000 sq ft unit — as its anchor and footfall driver. Elverys Sports also owns its own unit, while a c 2,500 sq ft unit is let to Unicarepharmacy, where terms had been agreed with Unicare at €180,000 pa, but local sources say the pharmacy is paying a rent of about half that sum.