BER G

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

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4 East Beach, Cobh, Co. Cork

€250,000
Investment Property For Sale | 
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Overview

Property Description:

DNG Creedon auctioneers are proud to present a substantial investment property located in the heart of Cobh Town.

Located on the ground floor is a fully equipped restaurant. Overhead the restaurant are a number of apartments, there are currently 4/5 apartments in this building with the provisions of increasing this to 5/6 apartments.

Currently two of the apartments are tenanted. We will be selling the properties with the benefit of tenants or it can be sold with vacant passion. This building when fully let, has the potential to achieve a minimum rental income of €50,000 per annum.

This building is dual fronted, the front of the building faces the sea onto East Beach and the rear of the building has access to Harbour Hill. This dual fronted building allows the potential to increase the number of residential units.

Cobh has strengthened its tourism in recent years with its deep water port for cruise liner ships. In 2018 Cobh will entertain 100 cruise liners in port. As a result of the high demand from cruise liners to come to Cobh they are now opening a second peer for the cruise liners. This will be opened directly across the road from the building. The news of the second peer just confirms how much of a safe bet this building will be now and into the future.

BER No
800541666
Accommodation
GROUND FLOOR ACCOMMODATION : RESTAURANT PREMISES

Seating Area - 41'1" (12.52m) x 17'6" (5.33m) : 718 sqft (66.73 sqm)
This area also has two toilets and store area. At the rear of the restaurant unit is the kitchen and pot area.

Kitchen - 14'3" (4.34m) x 10'11" (3.33m) : 156 sqft (14.45 sqm)
This is a fully equipped kitchen which meets food standards requirements.

Pot Area - 6'9" (2.06m) x 4'11" (1.5m) : 33 sqft (3.09 sqm)
This is a fully equipped cleaning area.

APARTMENT 1 - FIRST FLOOR ACCOMMODATION
MAIN BUILDING

Open Plan living area - 21'8" (6.6m) x 11'0" (3.35m) : 238 sqft (22.11 sqm)
This is an open plan living area with a fully fitted kitchen.

Bedroom - 9'11" (3.02m) x 9'1" (2.77m) : 90 sqft (8.37 sqm)
This bedroom is finished with timber flooring and has an en - suite bathroom.

En - suite Bathroom - 9'1" (2.77m) x 4'10" (1.47m) : 44 sqft (4.07 sqm)
This bedroom has a free standing electric shower, toilet and wash hand basin.


CURRENTLY THIS PROPERTY IS TENANTED AND IT IS PRODUCING A RENTAL INCOME OF €650 PER MONTH OR €7800 PER ANNUM.

APARTMENT 2 - SECOND FLOOR ACCOMMODATION
MAIN BUILDING

Living Room - 4'1" (1.24m) x 10'11" (3.33m) : 44 sqft (4.13 sqm)
This room is finished with a timber floor and has spectacular views of Cork Harbour.

Kitchen/Dining area - 9'11" (3.02m) x 6'9" (2.06m) : 67 sqft (6.22 sqm)
The kitchen is fully fitted and finished with a timber floor. The kitchen is located to the front of the building and also benefits from the spectacular views of Cork Harbour.

Bedroom - 12'7" (3.84m) x 7'6" (2.29m) : 95 sqft (8.79 sqm)
This bedroom is finished with timber flooring and has an en - suite bathroom.

En - Suite Bathroom - 6'11" (2.11m) x 5'1" (1.55m) : 35 sqft (3.27 sqm)
This bathroom has a free standing electric shower, toilet and wash hand basin.


CURRENTLY THIS PROPERTY IS TENANTED AND IT IS PRODUCING A RENTAL INCOME OF €500 PER MONTH OR €6000 PER ANNUM.

APARTMENT 3 - THIRD FLOOR ACCOMMODATION
MAIN BUILDING

Open Plan living area - 11'1" (3.38m) x 7'7" (2.31m) : 84 sqft (7.81 sqm)
This Open Plan area has a fully fitted kitchen, dining area and living room.

Bedroom - 10'5" (3.18m) x 9'11" (3.02m) : 103 sqft (9.60 sqm)
This bedroom is finished with timber flooring and has an en - suite bathroom.

En - Suite Bathroom - 4'11" (1.5m) x 4'11" (1.5m) : 24 sqft (2.25 sqm)
This bathroom has a free standing electric shower, toilet and wash hand basin.

APARTMENT 4 - FIRST FLOOR ACCOMMODATION
REAR BUILDING

Open Plan living area - 16'1" (4.9m) x 14'10" (4.52m) : 238 sqft (22.15 sqm)
This Open Plan area has a fully fitted kitchen, dining area and living room.

Bedroom - 12'1" (3.68m) x 9'9" (2.97m) : 118 sqft (10.93 sqm)
This bedroom is finished with timber flooring and has an en - suite bathroom.

En - suite Bathroom - 9'11" (3.02m) x 5'8" (1.73m) : 56 sqft (5.22 sqm)
This bathroom is tiled floor to ceiling with a bath and electric shower overhead, toilet and wash and basin.

APARTMENT 5 - SECOND FLOOR ACCOMMODATION
REAR BUILDING

Open plan space - 50'6" (15.39m) x 15'4" (4.67m) : 774 sqft (71.87 sqm)
Currently this area is laid out as living accommodation but it requires improvement works. With the large footprint an individual bedroom/ living area could be created or it could be split up into potentially 2 apartments.

Viewing comes highly advised

Contact our offices on 021 489 7300 to arrange

DNG Michael Creedon, for themselves and for the vendors or lessors of the property whose Agents they are, give notice that: (i) The particulars contained herein are set out as a general outline for the guidance of intending purchasers or tenants, and do not constitute any part of an offer or contract and are not in any way legally binding. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person in the employment of DNG Michael Creedon has any authority to make or give representation or warranty whatever in relation to this development. (iv) The particulars contained herein are confidential and are given on the strict understanding that all negotiations shall be conducted through DNG Michael Creedon. (v) DNG Michael Creedon disclaims all liability and responsibility for any direct and/or indirect loss or damage which may be suffered by any recipient through relying on any particular contained in or omitted from the aforementioned particulars.

BER Details

BER G

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more
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Daft Property Shortcode:

http://www.daft.ie/5613794

Date Entered/Renewed:

23/5/2018 (today, 6 hours ago)

Property Views:

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Address:

4 East Beach, Cobh, Co. Cork

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4 East Beach, Cobh, Co. Cork