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IrelandCorkCork CityEl Fenix Bar, 3 Union Quay, Cork City, Co. Cork

€225,000

El Fenix Bar, 3 Union Quay, Cork City, Co. Cork

Energy RatingRefreshed on Oct 16, 2020
BidX1 Ireland Ltd
BidX1 Ireland Ltd
Tel: 01 6673388
PSRA Licence No. 001652
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Description

The property is arranged over ground and two upper floors to provide a mid terrace public house.  Internally the property comprises bar facilities over ground and first floor with storage facilities on the second floor.Total floor area extending to approximately 168.68 sq. m (1,815.65 sq. ft).
  • Cork is the second largest city in Ireland with a population of some 210,000 people (as of the 2016 Census).
  • The city is located approximately 119km south west of Waterford, and approximately 95km south of Limerick.
  • The M8 is situated approximately 7km to the east of the city centre and provides access to Dublin and the north east.
  • The property is situated adjacent to Anglesea Street, Albert Quay and Parnell Place.
  • Cork District Court, Cork City Hall and numerous apartment complexes are all located within close proximity.
The entire property is at present let to Floating Clove Limited for a term of 10 years from 26.09.2013 at a contractual rent of €31,200 per annum.  The rent was subsequently abated to €15,600 per annum in January 2016. The lease provides for 5 yearly rent reviews with a rent review notice served in December 2019.

Accommodation

BER Details

BER: D2 800755464 495.692kWh/m2/yr

Lot Number

74

Negotiator

Klara Schuster

Auction Location

Online - BidX1

Auction Time

2020-11-11 08:00
Price Changes in Cork City
Property Price Register in Cork City
Main image for 10 Sheares Street, Cork City, Cork
-€15,000(-6.00%)
€250,000€235,000
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