Sarah McCarthy of agent Kelly Walsh is quoting €4.5 million for a top ranking garden centre investment, Plantagen, at Piercetown, Dunboyne, Co Meath. The current rent of €456,000 is subject to a review in January 2017, and five yearly thereafter. The lease is guaranteed by the Norwegian-based parent company. The gross yield will work out at 10.1 per cent. Insomnia Coffee and Edinburgh Woollen Mills also trade under licence from the property.
Garden centre in Co Meath for €4.5m
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