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Price on Application SALE AGREED

12/13 South Main Street, Co. Cork

295m2

Investment Property

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Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 295m2
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Liam Mullins & Associates bring to the market this excellent investment opportunity to acquire a four storey building located in a prime location on South Main Street, Cork City. The property measures c3,173 sq ft and is currently at full occupancy with Subway leasing the ground floor and residential apartments on the upper floors. With the Old Beamish & Crawford Site currently currently undergoing major development, South Main Street offers huge potential for an investment property such as this. Property Layout: Ground Floor - Retail Unit (Current Lessee Subway) measuring c767 sq ft plus cold storage , ladies & gents toilets. The current passing rent is €28,000 + VAT. 20 year Lease commenced in April 2012 with a review every 5 years. First Floor - Three Bedroom Apartment measuring c 802 sq ft. Accommodation includes kitchen/dining room, Bathroom, 3 No. Bedrooms and Toilet) with passing rent of €17,400 (No Vat) Second Floor - Three Bedroom Apartment measuring c802 sq ft. Accommodation includes kitchen/dining room, Bathroom, 3 No. Bedrooms and Toilet) with passing rent of €16,152 (No Vat) Third Floor - Two Bedroom Apartment measuring c802 sq ft. Accommodation includes kitchen/dining room, Bathroom, 2 No. Bedrooms and Toilet) with passing rent of €16,198 (No Vat)

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Statistics

30/10/2020

Entered/Renewed

580

Property Views

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Liam Mullins & Associates

Liam Mullins & Associates

PSR Licence Number: 003065

SALE AGREED

When to call:

9:30-6pm

Liam Mullins & Associates, 46 Bank Place, Mallow, Co. Cork

Contact Agent

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Liam Mullins & Associates

SALE AGREED
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