The Brown Derby and two adjoining properties at Barracks Street, City Centre Sth, Cork

Sold 3750 Sq.ft
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Description

Restaurant / bar / hotel for sale - 3,750 sq. feet (348 sq. metres) Mixed use investment properties comprising of Public House with full seven day licence, along with two Ground Floor retail units and three tenanted apartments.

Accommodation

COMMERCIAL PROPERITES: No. 11 Circa 500 sq.ft Vacant retail unit, Ber Report- Pending, Rates of €2,820.56 p.a No. 12 Circa 500 sq.ft Occupied by hair saloon, Rent - €700 p.m, Tenant details on request, Length of lease- four years and eleven Months from November 2012. No. 13 Circa 800 sq.ft The Brown Derby- licenced premises, including bar area, ladies and gents toilets, kitchen basement store and separate barrel store, Ber Report- Pending, Rates of €7,992.22. RESIDENTIAL: All information on residential apartments obtained from Letting agents. 13A Circa 1,100 sq.ft Directly over the bar is a duplex apartment consisting of five bedrooms ( four doubles, one single) sitting room and kitchen come dining area. Rent achieved €1,500p.m. less management to EZ Cork of €147.60 pm = €1,352.40p.m including the Utility bills as there on the same meter. APARTMENT 2 - 11 Circa 750 sq.ft Two bedroom apartment BARRACK STREET let for €825.00 p.m. APARTMENT 1- 11 Circa 600 sq.ft Duplex one bedroom apartment, BARRACK STREET rent of €575p.m (excluding bills). CURRENT INCOMES €43,200 plus two vacant commercial units plus seven day licence. NO.13 Public house - Vacant. NO. 12 Hair Saloon- €8,400 p.a. NO.11 Vacant unit. NO.13A Apartment €1,352.40 x 12= €16,228.80 p.a APARTMENT 2- N0.11 Apt. 2- €825 x 12= €9,900 p.a APARTMENT 1 - NO.11 €575 X 12 = €6,900 p.a

BER Details

BER: BER No. XXX Energy Performance Indicator: XXX kWh/m²/yr

Viewing Details

Strictly by appointment only.
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-€30,000 (-7.06%)
€425,000 €395,000
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Global Properties - Cork & Ballincollig
Global Properties - Cork & Ballincollig
Tel: 021 4...
PSRA Licence No. 002759

Date created: Sep 16, 2013

GlobalProp
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