14 South Main Street, City Centre Sth, Cork City
14 South Main Street, City Centre Sth, Cork City
Type
Commercial
Status
Sale Agreed
Size
181 sq.sq. m
BER
EPI: 0 kWh/m2/yr


























Description
This is a mixed-use investment property comprising a take away restaurant on the ground floor with 3 apartments on the upper floors. (1apartment per floor). The property is of masonry build and is double glazed throughout. Apartments are well kept and have the benefit of a concrete stairs in the common areas. The property has full tenancy. Tenants remain in situ with the purchase.
Tenancy:
The property is currently generating €66,432 p.a. The ground floor unit has a 10 year lease from 1st September 2019 with SPEEDOS LTD paying €24,000 p.a. The property is offering a potential gross yield of 10.2%.
Joint Agency with Hayes Property
Viewing Details
Appointment only
Features
- Investment opportunity with ground floor commercial and upper floor residential use with rental income of €66,432 p.a.
- Prime City Centre Location along South Main Street overlooking the intersection with Hannover St.
- Modern units of approx. 1,950 Sq.ft comprising of 3 storeys over ground floor.
Accommodation
Ground floor: Take away restaurant extending to c.48 sq. m
BER RATING: C2
BER no. 800948366
Apartment 1: 2-bedroom apartment extending to c.46 sq. m
BER RATING: F
BER no. 116914573
Apartment 2: 2-bedroom apartment extending to c.46sq. m
BER RATING: E1
BER no. 116914300
Apartment 3: 1-bedroom apartment extending to c.41 sq. m A
BER RATING: D1
BER no. 116914672
SERVICES Mains electricity, water and sewage