Office Investment The Penthouse, 5 Lapp's Quay, Cork City Centre, T12DX51

LOCATION The property is centrally situated in Cork City Centre at Lapps Quay/Clontarf Street in the heart of Corks, Central Business District. It is situated close to the Four star Clayton Hotel and is adjacent to the City Quarter office developments. Lapps Quay adjoins South Mall and is within minutes walking distance of the city’s bus and train stations and opposite City Hall. Occupiers in the area include Deloitte, Sherry Fitzgerald, Crowleys DFK, UNIO Wealth Management and others. DESCRIPTION The investment property comprises an attractive penthouse floor, part of a larger six story office building. It provides high quality accommodation with generous floor to ceiling height, good natural light, and has access from the main lobby in the building, with lift and stairs access to the upper floors. The office suite has a high quality fit out and is laid out internally with open plan accommodation, private offices, meeting room, board room, breakout area, store and comms room. The property is let to Baker Tilly Ireland GP Limited on a 10 year lease from 1st January 2025 with a Tenant break option on the 1st January 2030 with 6 months notice. It has a current rental income of €90,000 per annum exclusive.