Casey & Kingston Auctioneers


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https://www.lslauctions.com/LotDetail-CKAU-3612411

For Sale

For Sale

(d2) 4a & 5 Castle Street, Cork City, Co. Cork, T12NXD1


Available From: Immediately FOR SALE BY TENDER, OFFERS BY THE 15TH DECEMBER 2023. 16;00.
Current rent roll of €43,500 p.a.
Investment Opportunity TENANT UNAFFECTED
No 4a & 5 Castle Street comprises a 4 storey retail unit comprising a traditional shop premises which is double fronted on the ground floor with 4 floors over one side of the property.

This landmark building is strategically located on Castle Street and the area has a diverse of commercial offerings including night life with numerous bars and restaurants located in the immediate vicinity.

The property is let the Irish Cancer Society on a 35 year lease from
November 1993. The current rental Income is €43,500 p.a.

The Location:
4a & 5Castle Street is located in Cork's City Centre, less than 150 metres west of Patrick Street and Grand Parade.

The street is one of the main thoroughfares of the City linking Patrick Street/Daunt Square with North Main Street and South Main Street.

Description:
The property comprises a 4-storey mid terrace building. The internal layout on the ground floor comprises front retail section. The retail area enjoys a good frontage of approx. 8.60 m onto Castle Street and is double fronted on the ground floor. The upper floors have a mixture of different sized rooms in use as storage.

Floor Sq.m Sq.Ft
Ground Fl +rear Storage 90 861
First Flr 45 484
Second Flr 45 484
Third Flr 45 484



Services:
Mains electricity, water and sewage

Viewing strictly by appointment

Tender documents available from Virgil Horgan, Solicitor, Hegarty Horgan Solicitors, Kinsale.

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Contact Casey & Kingston Auctioneers on +353214271127