Reidy's Vault Bar & Adjoining Properties, 13-15 Lancaster Quay, Cork City Centre, T12NP77
Property headerProperty header
+29
Property Header
33

Reidy's Vault Bar & Adjoining Properties, 13-15 Lancaster Quay, Cork City Centre, T12NP77

Price on Application

455 m²

Investment Property

Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 455 m²
> A fantastic opportunity to acquire a terrace of 3 mixed use properties, with vacant possession, in this flourishing city centre location looking across at The River Lee Hotel, a mere 700 meters from the main UCC campus and adjacent to the Mercy Hospital, Washington Street and a significant host of commercial and residential occupiers to include new student accommodation hubs such as Broga House and Amnis House. > This impressive offering includes the renowned 'Reidy's Vault Bar' licenced premises and two adjoining mixed use buildings which provides obvious scope for all facets of property speculation to include owner occupiers, publicans, hospitality gurus, investors and developers or perhaps a hybrid of them all. > The buildings extend to almost 4,900 sq.ft on an overall site of 0.1 acres approx. While some elements may benefit from refurbishing and upgrading, the current configuration of the properties could be retained to generate an income return or perhaps a supplementary income to the Bar, which is in immaculate condition and ready to trade, if owner occupied. > The location is zoned Z0 5 City Centre under the Cork City Development Plan 2022-2028 with an objective; 'To consolidate and facilitate the development of the central area and to promote its role as a dynamic mixed use centre for community, economic, civic, cultural and residential growth.' Location: The property is centrally situated on the western side of Cork city centre occupying a high profile site fronting Lancaster Quay with side access to Woods Alley (ROW). The main UCC campus is situated approx. 700 metres to the west with its growing student enrolment of just over 23,000 students for the current academic year. Lancaster Road/ Western Road is an established commercial and residential location within a few minutes walk of the Tyndall National Institute, Cork city centre, The River Lee Hotel, The Mercy Hospital, The Granary Theatre, the Mardyke Arena, Fitzgerald's Park and Sundays Well. Description: The offering comprises a series of 3 terraced, mixed use buildings, offered for sale as a single lot. No 13 comprises a 6 bed residential property which is currently in use as rented accommodation with VP available on sale completion. No 14, currently vacant, comprises a commercial unit with rear courtyard at ground floor level and an additional 3 bedroom residential unit overhead. No 15, with its statement red brick faé§ade, distinguishes the jewel in the crown of this fantastic opportunity. It is the landmark licenced premises known as 'Reidy's Vault Bar'. Oozing charm and character and boasting an expansive open plan ground floor bar with a series of enticing snugs and booths for patrons to relax and absorb the curated atmosphere of this unique premises. The internal finish is timeless and inviting and the current custodians are ready to hand over the reigns to the next operator who may develop and build on its established reputation or indeed develop and build on its established foundations, if a larger development project is envisioned, SPP. No 15, a protected structure (PS618) is of course fitted with ancillary areas such as patron toilets, admin/ staff areas, and a commercial kitchen, etc. The property also benefits from upper floor, front and rear storage. The rear store accommodates the walk-in cold store/ keg room & coffin systems and benefits from a hoist to simplify loading and stocking from the rear access off Woods Alley (ROW). Externally, the property has the benefit of a rear courtyard which offers boundless future potential.

More about this Property

Local AreaNEW

Clickable banner from Glenveagh

Learn more about what this area has to offer.

School Name
Distance
Pupils
School NameSt Maries Of The IsleDistance270mPupils301
School NameSt. Joseph's National SchoolDistance300mPupils222
School NameSt Fin Barre's National SchoolDistance300mPupils97
School Name
Distance
Pupils
School NameCork Educate Together National SchoolDistance370mPupils206
School NameBlarney Street CbsDistance490mPupils249
School NameGreenmount Monastery National SchoolDistance670mPupils231
School NameSt Vincent's National SchoolDistance1.0kmPupils234
School NameNorth Presentation Primary SchoolDistance1.1kmPupils299
School NameScoil Mhuire Fatima Boys SeniorDistance1.2kmPupils161
School NameSt Kevin's SchoolDistance1.2kmPupils13
School Name
Distance
Pupils
School NamePresentation Brothers CollegeDistance150mPupils710
School NameSt. Aloysius SchoolDistance160mPupils315
School NameCork College Of CommerceDistance940mPupils27
School Name
Distance
Pupils
School NameColáiste Éamann RísDistance1.0kmPupils608
School NameSt. Angela's CollegeDistance1.0kmPupils607
School NameColáiste DaibhéidDistance1.1kmPupils218
School NameSt Vincent's Secondary SchoolDistance1.1kmPupils237
School NameScoil MhuireDistance1.2kmPupils438
School NameNorth Monastery Secondary SchoolDistance1.2kmPupils267
School NameChristian Brothers CollegeDistance1.3kmPupils908
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance130mStopPresentation CollegeRoute220xDestinationCrosshavenProviderBus Éireann
TypeBusDistance130mStopPresentation CollegeRoute233DestinationCorkProviderBus Éireann
TypeBusDistance130mStopPresentation CollegeRoute220DestinationCamdenProviderBus Éireann
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance130mStopPresentation CollegeRoute208DestinationLotabegProviderBus Éireann
TypeBusDistance130mStopPresentation CollegeRoute235DestinationCorkProviderBus Éireann
TypeBusDistance130mStopPresentation CollegeRoute205DestinationKent Train StationProviderBus Éireann
TypeBusDistance130mStopPresentation CollegeRoute208DestinationSt. Patrick StreetProviderBus Éireann
TypeBusDistance130mStopPresentation CollegeRoute220DestinationCrosshavenProviderBus Éireann
TypeBusDistance130mStopPresentation CollegeRoute220DestinationCarrigalineProviderBus Éireann
TypeBusDistance130mStopPresentation CollegeRoute205DestinationSt. Patrick StreetProviderBus Éireann

BER Details

SI_666

Statistics

26/04/2024

Entered/Renewed

3,243

Property Views

Daft ID: 517642044