The unit is situated midway on Popes Quay, adjacent to Ferry Lane in Cork City Centre. Patrick€TM Street is a short distance to the south, while occupiers of note in the immediate area include St. Mary€TM Church, John Buckley Sports and North Quay House.
The subject property comprises of an end of terrace 3 storey building, which is partially occupied. The ground floor is laid out as an office unit. The upper floors provide 1 No. 2 bed apartments and 1 no. 1 Bed apartment. The current gross income is €15,600 per annum.
Tenancy: The ground floor is currently vacant. Both upper floor apartments are occupied under residential letting agreements.
Rates: RV = €57.14
Office Unit - 92m sq / 985sq ft
One Bed Apartment - 79m sq / 850sq ft
Two Bed Apartment - 79m sq / 850sq ft
Total Floor Area - 250m sq / 2,685sq ft
Mixed use investment comprising ground floor office and 2 No. apartments.
Current income €15,600 pa with the potential for rental uplift to €25,000 plus pa.
Excellent location in Cork city Centre
Superb investment opportunity.
Strictly by appointment with the sole letting agent Mr. Anthony Quinlan - Behan Irwin & Gosling Inc. Downing commercial