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  7. 26/27 South Mall , South City Centre, Cork City, T12 R2RV

€1,750,000

Refreshed on:17/01/2018

26/27 South Mall , South City Centre, Cork City, T12 R2RV

Investment Property 1543 m2 Energy Rating


Description

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 façade 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

Features

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

BER Details

BER: C1-C3

Location

The property is centrally situated in Cork city centre on the south side of South Mall at its western end close to its intersecti ...

Lisney Commercial (Cork)

1 South Mall, Cork

Tel: 021 4275079

PSRA Licence No.  001848





€1,750,000
€1,750,000
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