VIBRANT RETAIL WAREHOUSE, FOOD & LEISURE OPPORTUNISTS. navan RETAIL PARK

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1 VIBRANT RETAIL WAREHOUSE, FOOD & LEISURE OPPORTUNISTS navan

2 N51 R162 TO SLANE/ DROGHEDA TO DROGHEDA R147 navan RATHOLDREN ROAD FLOWER HILL N AVAN N51 R153 BOYNE ROAD KENTSTOWN ROAD M3 TO SLANE / M3 MOTORWAY N51 COMMONS ROAD R161 TO TRIM R147 TO TARA TO N2 ROAD R153 M3 TO M3 MOTORWAY R147 R161 2 NAVAN

3 M3 Link Road navan navan TOWN Link Road 3 MINS TOWN CENTRE Navan Town Centre NAVAN 3

4 Navan Town Centre SITE 2 Potentia Drive Thru/ Coffee Pod/ Food SITE 1 Potentia Service Station /Food navan SITE 3 Potentia Car Showroom/ Leisure Use 4 NAVAN

5 STRATEGICALLY LOCATED 5th NAVAN IS THE RETAIL HUB OF COUNTY MEATH LARGEST URBAN CENTRE IN THE COUNTY STRATEGIC GROWTH ZONE M50 WITHIN A 30 MINUTE DRIVE CATCHMENT POPULATION OF C.60,000 5TH MOST POPULOUS TOWN IN IRELAND N AVAN 30 min M1 M3 M50 DUBLIN NAVAN 5

6 THE Units 6 & 7 Terms Agreed Unit 9 7,500 sq.ft Unit 10 Terms Agreed o DUBLIN / M3 MOTORWAY TO NAVAN o SITE 3 Potentia Car Showroom/ Leisure Use SITE 2 Potentia Drive Thru/ Coffee Pod/ Food SITE 1 Potentia Service Station/ Food 6 NAVAN

7 R147 navan N51 NAVAN NAVAN RETAIL MARKET M3 N AVAN R161 R153 Navan Retai Park is ocated in the western part of the town Situated on the M3/N3 connecting Navan to Dubin. Approximatey 3 minutes from the town centre. 3 Exceent frontage on to the Northern Link Road. MINS Links Navan directy to Junction 9 of the M3. TOWN CENTRE STRONG RETAILING TOWN EASILY ACCESSIBLE DUE TO INFRASTRUCTURE CONTINUED POPULATION GROWTH NAVAN 7

8 KEY FACTS APPROX. 120,000 SQ. FT OF RETAIL WAREHOUSE ACCOMMODATION 10 RETAIL WAREHOUSE UNITS APPROX. 17,500 SQ.FT OF AVAILABLE RETAIL WAREHOUSE ACCOMMODATION 3 DEVELOPMENT SITES TOTALLING 8.5 ACRES ANCHORED BY RETAILERS INCLUDE 1,100 SURFACE CAR PARKING SPACES 8 NAVAN

9 navan Stradone Carrickmacross DUNDALK CATCHMENT & DEMOGRAPHICS Baiieborough Ardee IRISH SEA HIGH GROWTH CATCHMENT AREA CORE CATCHMENT POPULATION 63,652 PEOPLE (2011) Kes DROGHEDA Wikinstown Sane Athboy NAVAN CATCHMENT POPULATION INCREASE 13% ( ) POPULATION GROWTH SET TO CONTINUE Muingar Trim Ashbourne Core Catchment Dunboyne M3 M50 DUBLIN 21,940 HOUSEHOLDS WITHIN CATCHMENT TOWNS WITHIN THE CATCHMENT INCLUDE KELLS, TRIM, SLANE & ATHBOY NAVAN 9

10 NAVAN TOWN POPULATION GROWTH 30,000 25,000 20,000 15,000 10,000 5,000 POPULATION GROWTH WITHIN CATCHMENT SET TO CONTINUE % INCREASE IN POPULATION SINCE % HOUSING VACANCY RATE, BELOW NATIONAL AVERAGE 12% HOUSING DEVELOPED BETWEEN HIGH GROWTH CENTRE POTENTIAL TO DOUBLE CURRENT POPULATION SIGNIFICANT SUPPLY OF SERVICED RESIDENTIAL DEVELOPMENT LANDS 10 NAVAN

11 navan DEVELOPMENT PLAN POTENTIAL 30,000 60,234 High growth town with abiity to navan doube existing popuation to circa 60,234 peope due to avaiabiity of serviced deveopment ands. TK Maxx recenty obtained panning permission for their use. New Residentia Existing Residentia Strategic Empoyment Zones (High Technoogy Uses) Genera Enterprise and Empoyment NAVAN 11

12 IRISH RETAIL SALES VALUE AND VOLUME OF RETAIL SALES YEAR-ON YEAR % CHANGE 15% 10% Vaue Voume 5% 0% (-5%) (-10%) (-15%) RETAIL SALES INCREASED 8.3% COMPARED TO 2014 VACANCY RATES IN PRIME S DECREASING RAPIDLY RECENT INCREASE IN RESIDENTIAL CONSTRUCTION INCREASE IN HOME IMPROVEMENTS 12 NAVAN

13 navan RETAIL SALES INDEX SECTORS SHOWING AN ANNUAL INCREASE INCLUDE ( ) CONSUMER SENTIMENT CONSUMER SENTIMENT INDEX FIRST TIME +4.2% BUYERS HOUSEHOLD EQUIPMENT +14.3% FURNITURE & LIGHTING from % HARDWARE, PAINTS & GLASS from % HOUSEHOLD EQUIPMENT from % ALL RETAIL BUSINESSES from % ELECTRICAL GOODS from Consumer sentiment improving as fear of unempoyment dissipates. Jan 05 Sept 05 Jan 06 Sept 06 Jan 07 Sept 07 Jan 08 Sept 08 Jan 09 Consumer Sentiment Index Monthy consumer sentiment index rising to in June Increased eve of disposabe income nationay infuencing consumer spending. Sept 09 Jan 10 Sept 10 Jan 11 Sept 11 Jan 12 Sept 12 Jan 13 Sept 13 Jan 14 3 months moving average Sept 14 Jan 15 June 15 Consumer confidence is up 159.6% since its most recent owest point, refecting ever increasing optimism in the Irish economy NAVAN 13

14 Units 10 Terms Agreed GREAT POTENTIAL... Units 6 & 7 Terms Agreed Units 9 c. 7,500 sq ft Potentia for future deveopment SITE 2 Potentia Drive Thru/ Coffee Pod/ Food SITE 1 Potentia Service Station/ Food SITE 3 Potentia Car Showroom / Leisure use o DUBLIN / M3 MOTORWAY TO NAVAN o 14 NAVAN

15 NEW OPPORTUNITIES navan RETAIL WAREHOUSE UNITS Units avaiabe to et from 7,500 sq. ft to 17,500 sq. ft 1,100 car parking spaces Occupiers incude Homebase, Smyths, DID Eectrica, TK Maxx, Hafords and Petmania SITE 1 Approx hectares (1 acre) Suitabe uses incude service stations, coffee shops and food High profie position at entrance to the retai park SITE 2 Approx hectares (1 acre) Suitabe uses incude Drive Thru food operators and coffee Pods. Prime position within park SITE 3 Approx hectares (6.5 acres) Adjacent to Homebase anchor store Suitabe uses incude car showrooms and eisure use Petro Station image: Aeph Studio / Shutterstock.com NAVAN 15

16 navan CONTACT Hambeden House, 19/26 Pembroke Street Lower, Dubin 2 James Quinan +353 (1) jquinan@bannon.ie PSRA: Jenny Donney +353 (1) jdonney@bannon.ie PSRA: These particuars are issued by the agents on the understanding that any negotiations reating to the property are conducted through them. Whie every care is taken in preparing them, the agents, for themseves and for the vendor/essor whose agents they are, give notice that (a) The particuars are set out as a genera outine for guiding potentia purchasers/ tenants and do not constitute any part of an offer or contract. (b) Any representation incuding descriptions, dimensions, references to condition, permissions or icences for uses or occupation, access and any other detais are given in good faith and are beieved to be correct, but any intending purchaser or tenant shoud not rey on them as statements or representations of fact but must satisfy themseves (at their own expense) as to their correctness. (c) Neither the agents nor any of its empoyees have any authority to make or give any representations or warranty in reation to the property A maps are produced by permission of the Ordnance Survey Ireand Licence No. AU Government of Ireand.