Unit 5.1, Market Square, O'Brien St, Mallow, Co. Cork
€250,000
- Selling Type:By Private Treaty
- Available From:Immediately
About this property
Description
9.4% Yield Fully Insured Commercial Investment, Prime Town Centre Location, Mallow, Cork Price: €250,000 Rent: €23,500 plus Vat per annum, Rising Annually, Long-Term Tenant A compelling opportunity to acquire a high-yield, low-management commercial investment extending to approximately 8,250 sq.ft, located in the hub of Mallow town centre, adjacent to all local amenities including retail, services, transport links, and public facilities. Located opposite Sports Direct and beneath the HSE clinic. The unit has the benefit of dual aspect windows onto O'Brien Street and Market Square and also lift and stairs access. The property is fully let to a long-term tenant, currently producing an annual income of €23,500 plus Vat, reflecting a strong gross yield of approximately 9.4% at the asking price. The lease provides for annual rent increases of €500 per annum for the next two years, offering built-in income growth. The tenancy is unaffected, and the property benefits from Full IRI insurance and underground parking facilities, further enhancing its appeal as a secure, hands-off investment. Investment Highlights: Prime town centre location in the heart of Mallow Current gross yield: 9.4% Current rent: €23,500 p.a. Contracted rent increases of €500 p.a. for the next 2 years, current lease commenced 1st February 2024 until 1st February 2029 Long-term tenant in situ Full IRI insurance in place Underground parking facilities included Approx. 8,250 sq.ft commercial unit Mains Services A turnkey town-centre commercial investment offering immediate income, guaranteed rental growth, and minimal landlord responsibility — ideally suited to private investors or pension funds. Management fees & rates serviced by the tenants To arrange an appointment to view contact Liam Mullins 022 21400 or 087 2441625 These particulars have been prepared with care, but their accuracy is not guaranteed they do not form part of any contract and are not to be used in any legal action. Intending Purchasers/Lessees must satisfy themselves or otherwise of any statements contained herein and no warranty is implied in respect of the property described. The particulars are issued on the understanding that all negotiations are conducted through the agency of Liam Mullins & Associates
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School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | St Patrick's Boys National School Mallow | Distance | 220m | Pupils | 209 |
| School Name | St Patrick's Boys National School Mallow | Distance | 220m | Pupils | 209 |
| School Name | Convent Primary School | Distance | 660m | Pupils | 249 |
School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | Convent Primary School | Distance | 660m | Pupils | 249 |
| School Name | Scoil Iosagain Infant School | Distance | 710m | Pupils | 143 |
| School Name | Scoil Iosagain Infant School | Distance | 710m | Pupils | 143 |
| School Name | Scoil Ghobnatan | Distance | 830m | Pupils | 497 |
| School Name | Scoil Ghobnatan | Distance | 830m | Pupils | 497 |
| School Name | Gaelscoil Thomáis Dáibhís | Distance | 1.3km | Pupils | 409 |
| School Name | Gaelscoil Thomáis Dáibhís | Distance | 1.3km | Pupils | 409 |
School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | Patrician Academy | Distance | 320m | Pupils | 570 |
| School Name | Patrician Academy | Distance | 320m | Pupils | 570 |
| School Name | St Mary's Secondary School | Distance | 460m | Pupils | 758 |
School Name | Distance | Pupils | |||
|---|---|---|---|---|---|
| School Name | St Mary's Secondary School | Distance | 460m | Pupils | 758 |
| School Name | Davis College | Distance | 1.4km | Pupils | 1010 |
| School Name | Davis College | Distance | 1.4km | Pupils | 1010 |
| School Name | Nagle Rice Secondary School | Distance | 10.2km | Pupils | 249 |
| School Name | Nagle Rice Secondary School | Distance | 10.2km | Pupils | 249 |
| School Name | Colaiste Pobail Naomh Mhuire | Distance | 10.5km | Pupils | 580 |
| School Name | Colaiste Pobail Naomh Mhuire | Distance | 10.5km | Pupils | 580 |
Type | Distance | Stop | Route | Destination | Provider | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Type | Bus | Distance | 250m | Stop | Mallow | Route | 243 | Destination | Dromahane | Provider | Bus Éireann |
| Type | Bus | Distance | 250m | Stop | Mallow | Route | 522 | Destination | Mallow | Provider | Tfi Local Link Cork |
| Type | Bus | Distance | 250m | Stop | Mallow | Route | 51 | Destination | Galway | Provider | Bus Éireann |
Type | Distance | Stop | Route | Destination | Provider | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Type | Bus | Distance | 250m | Stop | Mallow | Route | 523 | Destination | Mallow | Provider | Tfi Local Link Cork |
| Type | Bus | Distance | 250m | Stop | Mallow | Route | 51 | Destination | Limerick Bus Station | Provider | Bus Éireann |
| Type | Bus | Distance | 250m | Stop | Mallow | Route | 51 | Destination | Cork | Provider | Bus Éireann |
| Type | Bus | Distance | 250m | Stop | Mallow | Route | 243 | Destination | Newmarket | Provider | Bus Éireann |
| Type | Bus | Distance | 250m | Stop | Mallow | Route | 519 | Destination | Cork | Provider | Bus Éireann |
| Type | Bus | Distance | 250m | Stop | Mallow | Route | 519 | Destination | Charleville | Provider | Bus Éireann |
| Type | Bus | Distance | 250m | Stop | Mallow | Route | 243 | Destination | Cork | Provider | Bus Éireann |
BER Details
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- Date listed10/02/2026
- Views1,861
Daft ID: 56493743