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Price on Application

82 Ballyhooley Road, St. Lukes, Co. Cork

1238 sq. ft.

Investment Property


Property Overview

  • Available From: Immediately


  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 1238 sq. ft.
IMPORTANT NEWS RE VIEWINGS In line with Phase 5 Restrictions imposed on Property Service Providers, we are unable to do any viewings prior to 5th April at present. However, do please contact us to register your interest for a viewing once these restrictions have been lifted. In the interim if you have any specific queries on the property then we would be delighted to assist you. INVESTMENT OPPORTUNITY - TENANTS REMAIN UNAFFECTED BY THE SALE Imposing, mid-terrace, mixed use building laid out over ground, first & attic floor. The property extends to approximately 1,240 sq. ft. in total and benefits from separate access to the commercial and residential elements. The ground floor commercial unit, trading as The Renovation Centre is self contained and benefits from substantial frontage to Ballyhooley Road. The overhead residential accommodation is laid out over 1st and 2nd floor to provide bright and spacious accommodation with 2 en-suite bedrooms, living room/ kitchen space, and additional storage nooks. Heating is electric. The property is conveniently located at the heart of St Luke's Cross adjoining St Luke's Inn, which is short stroll to Cork City Centre and provides access to an extensive residential community. Fully tenanted mixed use investment opportunity producing a current rent of €23,400 per annum. Accommodation: Ground Floor - Commercial 53 SQM / 570 SQFT First Floor - Residential 39 SQM / 420 SQFT Second Floor / Attic - Residential 23 SQM / 248 SQFT TOTAL AREA Approx. - 115 SQM / 1,238 SQFT BER Certs: Retail unit - C2 Residential - F Lease Details: The Renovation Centre occupy the ground floor commercial section on a 4 Year 9 Month Lease from June 2019, and are currently paying a rent passing €9,000 per annum. The overhead apartment is let on a standard residential lease at a rent of €14,400 per annum. Tenants remain unaffected by the sale. Solicitor: Ms Emma Comyn, CKT Solicitors, 2 George's Quay, Cork. Services: Rates: €3,500 Approx. - Paid by Tenant. Viewing: Strictly by prior appointment with Sole Selling Agents; Rob Coughlan

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Daft ID: 5916946

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Cohalan Downing

PSR Licence Number: 001641

021 4277717

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Cohalan Downing, 88 South Mall Cork