The Darby Arms,, Ballincollig, Cork

Sale Agreed P31V085 1288.35 m2
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Description

GREAT INVESTMENT OPPORTUNITY! Substantial turnkey licensed premises of 1,078 sq.m incorporating a Bar, Lounge, Nightclub, Restaurant. Two adjoining retail units of 39 sq. m and 171 sq. m respectively, are included in the sale. Located on Ballincollig main street, this property benefits from excellent footfall and strong adjacent occupiers. Ballincollig is a vibrant satellite town with a population of approximately 20,000 and has a strong local economic base. Shoe Shop tenant ‘Paul O’Connor Shoes’ not affected. Details of leases on request. Restaurant (First Floor) The bar is immediately accessible from Main Street. It's a fantastic chance for a stand-alone food and beverage business. Timber floors and panelled walls complement the high-end finishes, which include a highlight ceiling with oak wood beams. This restaurant has capacity for approximately 50 covers and includes a kitchen area. This area is in need of modernisation. The Nightclub The nightclub is arranged over the first floor and the second floor levels and has both internal and direct off-street access. This unique location, which spans 416.85 square meters, has the potential to revert to its former nightclub usage or be suitable to a variety of applications such as functions, gyms, conference rooms, office suites, clinic. Drawings available to convert first and second floors to 10 apartments. The Retail Units Tenants not affected. Paul On Connor Shoes Ballincollig Limited They have a short-term leasing agreement for a ground-floor retail property of approximately 171 square meters. The current annualized passing rent is €30,000, and the tenant has been in residence since 2008. Both tenants are liable for their own utility bills and rates. Vacant Unit A self-contained ground floor retail unit approx. 39 sq.m with a potential rent of €20,000. Basement The Basement level is approximately 97.90 sqm Incorporating a chill keg room & Bottle store. Location Located in Ballincollig, Corks largest town with a population of 20,000. Thriving residential and commercial suburb with an immediate catchment area of approx 186,400 people. Situated approximately 9km west of Cork City Centre. One of Corks fastest growing urban centres with an abundance of retail, office and leisure occupiers. Nearby occupiers include McDonalds, Aldi, Tesco, The Reel Cinema Supervalu and Westside Retail Park.

Features

Main Street Ballincollig Suspended ceiling in the nightclub. Tenants not affected. Excellent footfall

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O'Mahony Walsh
O'Mahony Walsh
Tel: 021 4...
PSRA Licence No. 001092

Date created: Jul 7, 2022

O'Mahony Walsh
O'Mahony Walsh
PSRA Licence No. 001092
Call Agent: 021 4...