Investment Opportunity (Tenants Unaffected)
Nore House, Unit 2, Riverview Business Park, Bessboro Road, Blackrock, Cork
High quality, modern, investment opportunity with the established tenant remaining
unaffected.
Nore House is a purpose built, ground floor, office which extends to 3,000sq ft approx. and further benefits from 12 designated car spaces.
Situated in the thriving Riverview Business Park which has established itself as a strategic employment hub on the fringe of the city and within minutes of the City Link Road.
Fully tenanted investment opportunity currently let to City Life Wealth Advisors who hold a 15 year lease from 1st January 2016 at a current rent of €50,000 per annum exclusive.
Covenant
City Life, founded in 1971 by Ted Dwyer, is one of Cork's premier wealth management firms. With offices in Cork and Galway, they provide advice and product services in the pension, investment and life assurance market. An independently owned agency, the firm has assets under advice in excess of €210 million and have been shortlisted for Irish Financial Planning Firm of the Year by the Irish Brokers Association for two years running. Founder's son Eamon Dwyer is the managing director and they employ 20 people across their two locations.
Lease Details:
15 year lease from 1st January 2016 at
a current rent of €50,000 per annum excl.
Management Fees
Annual Charge €2,589
Municipal Rates
RV €149.50 (€11,060pa)
Joint Agents with Cohalan Downing, 021 4277717
BER: C3 BER No.800486508 Energy Performance Indicator:356.16 kWh/m²/yr
Strictly by prior appointment with Joint Agents;
Brian Olden E-mail: bolden@cdacork.com
Or
Sam Kingston E-mail: info@caseyandkingston.ie
