|Property Type||Investment Property|
Investment Opportunity located in Cork City Centre. High profile retail property. Currently let under a 25 Year Lease from December 2009 at a passing rent of €42,500 per annum. Unit extends to a ground floor area of 32.71 sq m (352 sq ft) Net Internal Floor Area. The property is offered for sale with the benefit of the existing tenants, and extends to ground floor only.
The subject property is located on the western end of Oliver Plunkett Street and adjacent occupiers include; The Body Shop, Irish Examiner, Pamela Scott, Centra and BarBorossa. The renowned English Market is located within close proximity of the subject property. Oliver Plunkett Street is one of Cork City's premier retail thoroughfares and connects the Grand Parade with Parnell Place, as well has having a number of connecting streets between Patrick Street and South Mall.
Description: The property comprises the ground floor only of a larger four-storey, end of terrace, corner commercial building. Internally, the property is in use as a barber shop, and is well ftted out with tiled floors, recessed lighting and CCTV system. For the avoidance of doubt, the tenant is not affected by this sale, and the subject sale extends to ground floor only. Title: The property has good and marketable titole. Pricing: Offers in excess of €525,000 exclusive. BER: C3 Contact: Chris O'Callaghan; +353 (0) 21 490 6123; email@example.com Peter O'Meara; +353 (0) 21 490 6114; firstname.lastname@example.org
Date created: Dec 13, 2018