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POA

10, 11/12 & 13 Castle Street and, 2/3 & 7 Paradise Place, Cork

Investment Property


Description

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.

Directions

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.

Viewing Information

Description
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.


Tenancy Schedule


Please see brochure attached for tenancy details.


Zoning
The property is zoned "City Centre Retail Area" in the Cork City Development Plan 2015 - 2021. The objective of this zoning is to provide for the protection, upgrading and expansion of retailing, in particular higher order comparison retailing, as well as a range of other supporting uses in the City Ce ...

Savills Commercial Cork

11 South Mall, Cork

Tel: 021 427 1371

PSRA Licence No.  002233  /  002233



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