Unit 5.1, Market Square, O'Brien St, Mallow, Co. Cork
Property headerProperty header
+5
Property Header
SALE AGREED

Unit 5.1, Market Square, O'Brien St, Mallow, Co. Cork

€250,000

766 m²Investment Property
  • 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

The local area

Local schools and transport

Clickable banner from Glenveagh

Learn more about what this area has to offer.

School Name
Distance
Pupils
School NameSt Patrick's Boys National School MallowDistance220mPupils209
School NameSt Patrick's Boys National School MallowDistance220mPupils209
School NameConvent Primary SchoolDistance660mPupils249
School Name
Distance
Pupils
School NameConvent Primary SchoolDistance660mPupils249
School NameScoil Iosagain Infant SchoolDistance710mPupils143
School NameScoil Iosagain Infant SchoolDistance710mPupils143
School NameScoil GhobnatanDistance830mPupils497
School NameScoil GhobnatanDistance830mPupils497
School NameGaelscoil Thomáis DáibhísDistance1.3kmPupils409
School NameGaelscoil Thomáis DáibhísDistance1.3kmPupils409
School Name
Distance
Pupils
School NamePatrician AcademyDistance320mPupils570
School NamePatrician AcademyDistance320mPupils570
School NameSt Mary's Secondary SchoolDistance460mPupils758
School Name
Distance
Pupils
School NameSt Mary's Secondary SchoolDistance460mPupils758
School NameDavis CollegeDistance1.4kmPupils1010
School NameDavis CollegeDistance1.4kmPupils1010
School NameNagle Rice Secondary SchoolDistance10.2kmPupils249
School NameNagle Rice Secondary SchoolDistance10.2kmPupils249
School NameColaiste Pobail Naomh MhuireDistance10.5kmPupils580
School NameColaiste Pobail Naomh MhuireDistance10.5kmPupils580
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance250mStopMallowRoute243DestinationDromahaneProviderBus Éireann
TypeBusDistance250mStopMallowRoute522DestinationMallowProviderTfi Local Link Cork
TypeBusDistance250mStopMallowRoute51DestinationGalwayProviderBus Éireann
Type
Distance
Stop
Route
Destination
Provider
TypeBusDistance250mStopMallowRoute523DestinationMallowProviderTfi Local Link Cork
TypeBusDistance250mStopMallowRoute51DestinationLimerick Bus StationProviderBus Éireann
TypeBusDistance250mStopMallowRoute51DestinationCorkProviderBus Éireann
TypeBusDistance250mStopMallowRoute243DestinationNewmarketProviderBus Éireann
TypeBusDistance250mStopMallowRoute519DestinationCorkProviderBus Éireann
TypeBusDistance250mStopMallowRoute519DestinationCharlevilleProviderBus Éireann
TypeBusDistance250mStopMallowRoute243DestinationCorkProviderBus Éireann

BER Details

Ad performance

  • Date listed10/02/2026
  • Views1,861

Daft ID: 56493743

Liam Mullins & Associates's logo
profile

Liam Mullins & Associates

View all Properties