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  7. 24 St. Patrick's Hill, City Centre Nth, Cork City

€700,000

Refreshed on:02/12/2017

24 St. Patrick's Hill, City Centre Nth, Cork City

Investment Property 739 m2 Energy Rating


Description

LANDMARK FOUR STOREY INVESTMENT PROPERTY

ERA Downey McCarthy are delighted to RELAUNCH to the market this superb investment opportunity. This property comprises a substantial four storey end of terrace commercial investment property with adjoining residential unit.

Location
The property is ideally located on St. Patricks Hill at the junction with Hardwick Street overlooking Cork city centre.

Description
4 storey landmark commercial investment property with adjoining residential unit in an ideal city centre location.

Accommodation
• Basement : 3 classrooms, kitchen, w.c., store room and small yard c.1,894 sq.ft.(176 sq.m)
• Ground floor : reception, 2 classrooms, w.c., office and storage c.1,894 sq.ft.(176 sq.m)
• Half landing : w.c.
• First floor : 2 classrooms, staff room, w.c. and student locker room c.1,894 sq.ft.(176 sq.m)
• Half landing : w.c.
• Second floor : 5 classrooms, w.c. c.1,894 sq.ft.(176 sq.m)
• There is a rear yard with a small double storey storage/classroom unit of c.377 sq.ft.(35 sq.m.)
• The is also a 2 bedroom self contained apartment.

Tenancy Details
• Basement of the main building is currently leased to Happy Days Montessori on a 21 year from 16/11/2000 at an annual rent of €21,734.
• Ground, first & second floor of the main building are currently leased to Hewitt College on a 21 year lease from 3/6/04 at an annual rent of €48,000.
• The residential unit is short term letting at c. €19,200 per annum.

BER Details

BER: Exempt

DISCLAIMER

The above details are for guidance only and do not form part of any contract. They have been prepared with care but we are not responsible for any inaccuracies. All des ...

ERA Downey McCarthy

60 South Mall, Cork

Tel: 021 490 5000

PSRA Licence No.  002584  /  002584

negotiator Sean McCarthy
Sean McCarthy Tel: 021 490 5000




€700,000
€700,000
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