Prime Retail Investment – Vacant.
Exceptional City Centre Investment Opportunity
An excellent opportunity to acquire a high-profile four-storey commercial/investment property fronting North Main Street, right in the heart of Cork City Centre, surrounded by a wealth of amenities and services.
North Main Street is one of Cork’s most established and vibrant trading locations, forming a key link between North Gate Bridge and St. Patrick’s Street, with consistently high levels of daily pedestrian activity. Important to note Cork City Council are promoting over the shop city living, this property is ideal. Excellent purchase for the first-time buyer/investor for both commercial and residential.
Property Highlights
Prominent mid-terrace four-storey retail building
Extending to approx. 2,440 sq. ft (226.7 sq. m)
Fully let investment – tenant not affected by the sale
Long-term lease: 35 years from December 1989
Passing rent: €21,000 per annum
Listed on the Record of Protected Structures (Ref. No. PS1053)
Accommodation
Floor Sq. m Sq. ft
Ground Floor 65.6 707
First Floor 63.3 681
Second Floor 48.5 522
Third Floor 49.3 531
Total 226.7 2,441
Location
Ideally positioned on North Main Street, one of Cork’s busiest retail thoroughfares, near the junction with Castle Street and Liberty Street, and within walking distance of Patrick Street, Grand Parade, and Cornmarket Street.
Nearby occupiers include Ryan’s Bar, Mr. Price, Euro Giant, and Bradleys Specialist Off-Licence & Foodstore.
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