The property comprises a seven storey purpose built office building fronting South Mall. The ground floor unit has independent access via a stepped entrance direct from South Mall. There is a separate entrance foyer servicing all upper floors of the building with access via a stairs and lift to these floors. The office accommodation is laid out in front and rear office suites served off a common area lobby with canteen and toilet facilities on each floor.
The building is of brick and block construction with a distinctive red brick external faÃ§ade with solid ground and upper floors, PVC window casements and doors. Internally the office suites are fitted with carpet tile floors and suspended ceiling.
Byrne Wallace Solicitors, 88 Harcourt St, Saint Kevin's, Dublin 2
Substantial seven storey purpose built office building
Area approx. 1,543.1 sqm (16,615 sqft)
Prime office location in the heart of Cork City's principal professional and commercial office thoroughfare
Building let on various leases to covenants including O Mahony Pike Architects, Focus Ireland, HSE and O'Connor Murphy Clune Solicitors
Currently producing a rental income of €103,000 p.a. with significant uplift potential
Asset management opportunity with potential to significantly increase rental income by securing tenants for the vacant office units.
Neighbouring occupiers include AIB, Bank of Ireland, Jacobs on The Mall, JW O'Donovan Solicitors and First South Credit Union
City centre office market experiencing strong rental growth
The property is centrally situated in Cork city centre on the south side of South Mall at its western end close to its intersection with Parliament Street. South Mall is the city's principle professional and commercial office thoroughfare. Adjoining properties have a mixture of purpose built office buildings and older converted terraced office buildings with the regional headquarters of Bank of Ireland, 32 South Mall located close by.