City Centre Sth

14 South Main Street, City Centre Sth, Cork City

14 South Main Street, City Centre Sth, Cork City

14 South Main Street, City Centre Sth, Cork City

14 South Main Street, City Centre Sth, Cork City

14 South Main Street, City Centre Sth, Cork City

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Sale Agreed

14 South Main Street, City Centre Sth, Cork City

Sale Agreed

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Beds
Price	Sale Agreed
Property Type
Size	meters²
Energy Rating	BER-Exempt
Refreshed on
Eircode
Group Name	Casey & Kingston, Auctioneers
Sales License Number	001643

Description

This is a mixed-use investment property comprising a take away restaurant on the ground floor with 3 apartments on the upper floors. (1apartment per floor). The property is of masonry build and is double glazed throughout. Apartments are well kept and have the benefit of a concrete stairs in the common areas. The property has full tenancy. Tenants remain in situ with the purchase. Tenancy: The property is currently generating €66,432 p.a. The ground floor unit has a 10 year lease from 1st September 2019 with SPEEDOS LTD paying €24,000 p.a. The property is offering a potential gross yield of 10.2%. Joint Agency with Hayes Property

Accommodation

Ground floor: Take away restaurant extending to c.48 sq. m BER RATING: C2 BER no. 800948366 Apartment 1: 2-bedroom apartment extending to c.46 sq. m BER RATING: F BER no. 116914573 Apartment 2: 2-bedroom apartment extending to c.46sq. m BER RATING: E1 BER no. 116914300 Apartment 3: 1-bedroom apartment extending to c.41 sq. m A BER RATING: D1 BER no. 116914672 SERVICES Mains electricity, water and sewage

Features

Investment opportunity with ground floor commercial and upper floor residential use with rental income of €66,432 p.a. Prime City Centre Location along South Main Street overlooking the intersection with Hannover St. Modern units of approx. 1,950 Sq.ft comprising of 3 storeys over ground floor.

BER Details

BER: Exempt

Directions

Situated On the corner of South Main Street and Tobin Street. (A pedestrian street between South Main Street and the Grand Parade). This is a prime city centre location, off Washington Street and across the road from the new proposed event centre at the Beamish and Crawford development site.

Viewing Details

Appointment only

14 South Main Street, City Centre Sth, Cork City

1950 ft

Description

This is a mixed-use investment property comprising a take away restaurant on the ground floor with 3 apartments on the upper floors. (1apartment per floor). The property is of masonry build and is double glazed throughout. Apartments are well kept and have the benefit of a concrete stairs in the common areas. The property has full tenancy. Tenants remain in situ with the purchase. Tenancy: The property is currently generating €66,432 p.a. The ground floor unit has a 10 year lease from 1st September 2019 with SPEEDOS LTD paying €24,000 p.a. The property is offering a potential gross yield of 10.2%. Joint Agency with Hayes Property

Accommodation

Ground floor: Take away restaurant extending to c.48 sq. m BER RATING: C2 BER no. 800948366 Apartment 1: 2-bedroom apartment extending to c.46 sq. m BER RATING: F BER no. 116914573 Apartment 2: 2-bedroom apartment extending to c.46sq. m BER RATING: E1 BER no. 116914300 Apartment 3: 1-bedroom apartment extending to c.41 sq. m A BER RATING: D1 BER no. 116914672 SERVICES Mains electricity, water and sewage

Features

Investment opportunity with ground floor commercial and upper floor residential use with rental income of €66,432 p.a. Prime City Centre Location along South Main Street overlooking the intersection with Hannover St. Modern units of approx. 1,950 Sq.ft comprising of 3 storeys over ground floor.

BER Details

BER: Exempt

Directions

Situated On the corner of South Main Street and Tobin Street. (A pedestrian street between South Main Street and the Grand Parade). This is a prime city centre location, off Washington Street and across the road from the new proposed event centre at the Beamish and Crawford development site.

Viewing Details

Appointment only

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G

F

E2

E1

D2

D1

C3

C2

C1

B3

B2

B1

A3

A2

A1

Current Rating: Exempt

Built:

Potential Rating:

Heating:

BER Number:

Heating Bill: € monthly estimate

*All retrofit costs are estimates - Find out more

Map

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Casey & Kingston, Auctioneers

Tel: 021 4...

PSRA No. 001643

Negotiator: caseykingston

Date created: Nov 9, 2023

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Casey & Kingston, Auctioneers

PSRA Licence No. 001643

Call: 021 4...

caseykingston