The property offers a prime city centre investment opportunity with development potential.
It is located less than 150 metres from Patrick Street.
The overall property extends to approximately 957.84 sq.m (10,310 sq.ft).
The entire is zoned "City Centre Retail Area" in the Cork City Development Plan 2015 - 2021.
The property is offered for sale with the benefit of the existing ground floor tenancies and currently has a rent roll of approx. €209,500 per annum.
Castle Street is located less than 150 metres west of Patrick Street and Grand Parade and acts as one of the main thoroughfares of the city linking Patrick Street / Daunt Square with North Main Street and South Main Street.
The area has a diverse commercial offering including a vibrant night life with numerous bars and restaurants located in the immediate vicinity. Neighbouring occupiers of note include Argos, Captain Americas, Wagamama and Lidl and TK Maxx at the Cornmarket Centre.
The overall property comprises a corner site end of terrace, five bay, three storey hall built in c. 1880 with curved corner to the north-west.
The property comprises a prime city centre investment and redevelopment opportunity located on the corner of Castle Street and Paradise Place. The holding includes one vacant ground floor unit, Gleeson Jewellers, Boyle Sports, Fast Al's and the former CCYMS space on the first and second floors.
The building extends to approximately 957.84 sq.m (10,310 sq.ft). Please note that Units 1, 4, 5 and 6 Paradise Place are not forming part of this sale.
Please see brochure attached for tenancy details. ...