Home Ireland Cork Cork City 77 St Patricks Street, Cork City, Co. Cork

77 St Patricks Street, Cork City, Co. Cork

€950,000 268.49 m2
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Description

77 St Patrick Street is a prominent four storey, high profile retail building located along the eastern side of St Patrick Street. The property is currently is currently occupied by Card Factory, trading successfully from the ground floor of the building. The first floor is primarily used as a stock room and storage area, with the second floor utilised as staff w/c facilities, small office area and further storage area. The property benefits from excellent frontage on to St Patrick Street, with 5.8m of frontage on to the street. The overall property extends to 2,890 sq ft (NIA), with the ground floor extending to 986 sq ft.

Features

High profile investment opportunity in the heart of Cork City.
Entire building is let to Card Factory Ireland Ltd.
Let on a 5 year and 178 day lease from 4 November 2024.
Current passing rent of 90,000 per annum.
The property is offered for sale with the benefit of the existing tenant.
Full repairing and insuring lease in place.
Attractive Net Initial Yield of 8.62%.

Directions

The subject property is situated on St Patrick Street, the primary retailing corridor in Cork City centre, Cork City is the second largest city in Ireland with St Patrick Street being the central core for retailers in Cork. Neighbouring occupiers include Sea Salt, Dubray Books, Eir, Lifestyle Sports and Sostrene Grene. The property is located to the eastern aspect of the street in close proximity to Carey's Lane, Opera Lane and the junction where Grand Parade and St Patrick Street meet.

Negotiator

Michéal Walsh
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Savills Commercial Cork
Tel: 021 4...
PSRA No. 002233
Negotiator: Michéal Walsh

Date created: Sep 10, 2025

Savills Commercial Cork
Savills Commercial Cork
PSRA Licence No. 002233
Michéal Walsh
Michéal Walsh
Tel: 021 4...
Graduate Surveyor
Call Agent: 021 4...