DescriptionSavills is delighted to offer to the market this prime retail opportunity located at 124 Patrick Street, Cork.
The property comprises a high profile four storey premises with retail at ground floor. The upper floors currently provide storage. However, Cork City Council have issued a Section 5 declaring the conversion of the upper floors to residential use is exempted development.
The property benefits from a modern shop front and a high profile to the busy intersection at Patrick Street and Lavitt's Quay.
There is planning clearance to convert the three upper floors into a spacious three bed residence to generate significant additional rental income.
Surrounding occupiers include M&S, Carraig Donn, Schuh, Cork Tourist Information Office and many more.
DirectionsPatrick Street is Cork city's premier retail thoroughfare and is home to several international and national retailers including M&S, JD Sports, Dunnes Stores, H&M, Topshop, Gap, Tommy Hilfiger, Penneys, TX Maxx as well as Brown Thomas.
Cork is the second largest city in Ireland with a population of just over 200,000 (Census 2016). Cork is a major tourist destination and is also a University City with approximately 30,000 resident students.