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  6. Unit 4 & 5 Westside Retail Park, Ballincollig, Co. Cork

€700,000

Refreshed on:10/11/2017

Unit 4 & 5 Westside Retail Park, Ballincollig, Co. Cork

Retail Units


Description

**For Sale by Public Auction on 22nd November at The Leopardstown Pavilion, Dublin 18 - TENANTS NOT AFFECTED*
Units 4 & 5 Westside Retail Park occupy a central position adjacent to Aldi, Mr Price and Regatta in the heart of Ballincollig town centre immediately south of Main Street. They are situated close to all amenities including Ballincollig Shopping Centre, a wide variety of on street retailing, restaurants, public houses and a large cinema.
The property enjoys a good retail pitch and is visible from Main Street. Other nearby and adjacent occupiers include Supervalu, Dunnes Stores, Tesco, Bank of Ireland, Subway, the Reel Picture Cinema at Time Square and a wide range of local and national comparison retailers located predominantly on Main Street. Major employers in the town include DELL/EMC and VMWare.
The properties comprise of two mid terrace single storey premises extending to approximately 315 sq m (3,390 sq ft) for unit 4 and 400 sq m (4,306 sq ft) for unit 5.
The building is of portal frame construction with concrete block walls and insulated profiled metal sheeting above. The roof comprises a flat insulated sheeted roof. Internally the unit provides open plan accommodation comprising a large retail unit, staff accommodation and a large store on the western side of the building.
Tenancy:
Tenant’s unaffected.
Unit 4 is held under a 4-year 11-month lease from 28th February 2014. Let to Eoin Fehilly t/a Fehilly Fitness with a passing rent of €30,000 + VAT per annum.
Unit 5 is held under a 35-year lease from 2nd June 1999. Let originally to Tile Point Limited and assigned to Maxi-Zoo with a contracted rent of €65,000 + VAT per annum currently abated to €52,000 + VAT. There is provision in the lease for 5 ...

Cushman & Wakefield Cork

6 Lapp's Quay, Cork, Co Cork

Tel: +353 21 4275454





€700,000
€700,000
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