DescriptionPaul Street Shopping Centre is a consistent income generating asset and will offer a potential purchaser an opportunity to gain a foothold in the Cork City Centre retail market. The property comprises 21 independent retail units extending to 13,793 sq ft (NIA) in total which benefit from the adjoining Tesco, anchor store and Paul Street Car Park both of which provide excellent and consistent footfall. (Please note that Tesco & Paul Street Car Park are not included in the sale.)
FeaturesHigh yielding retail investment opportunity.,Current producing an income of €202,674 pa.,Rental income to increase to €294,174 pa once lettings are completed. ,Property offered for sale with the benefit of the existing tenants.,Excellent footfall in the Paul Street area.,Property includes 21 independent retail units totalling 13,794 sq ft.
BER DetailsB3 - E2
725.07 kWh/m2/yr 0.96 to 2,766.34 kWh/m2/yr 2.42
DirectionsPaul Street Shopping Centre occupies a high profile site in the heart of Cork City Centre just 100m from Patrick Street, Cork's premier retail thoroughfare. Adjacent occupiers to the Centre include; Tesco, Boots, Nandos, Opera Lane and The Cornmarket Centre.