14 South Main Street, City Centre Sth, Cork City

€650,000 Energy Rating1950 Sq.ft


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


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


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


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.

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Price Changes in City Centre Sth
-€30,000 (-7.06%)
€425,000 €395,000
19th Jun 23
26th May 23
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Casey & Kingston, Auctioneers
Casey & Kingston, Auctioneers
Tel: 021 4...
PSRA Licence No. 001643

Date created: Nov 9, 2023

Casey & Kingston, Auctioneers
Casey & Kingston, Auctioneers
PSRA Licence No. 001643
Call Agent: 021 4...