36 Barrack Street, Cork City, Cork

Sold

Beds
Price	Sold
Property Type	Investment Property
Size	83.85 meters²
Energy Rating	BER-G
Refreshed on
Eircode
Group Name	ERA Downey McCarthy
Sales License Number	002584

Description

LOCATION Barrack Street occupies an attractive location on the south side of Cork city, within 5 minutes walking distance of the city centre. No.36 lies on the south side of Barrack Street, between its junctions with Reeds Square and Tower Street. This section of Barrack Street has a ‘one-way’ system and is part cobbled. It is a central location with neighbouring properties comprising a mix of residential, retail and commercial outlets. Being roughly mid-way between the city centre and U.C.C. ensures this property’s location will remain of strong interest to the investor market. DESCRIPTION No.36 is an easily managed investment property currently producing an annual rent of €20,400 (part occupied). It comprises a mid-terrace three storey building of traditional construction with a typical shop front to its ground floor and a dash plastered elevation over. It has a pitched slate covered roof and pvc framed double glazed windows to its upper floors. Internally the building is laid out as ground floor retail unit with two x 1-bedroom residential apartments overhead. Both apartments have been renovated within the last 12 years and include en-suite shower rooms, fully fitted kitchen / living area and electric heating. The ground floor retail unit is open-plan.

Accommodation

Floor Type Sq.M. Sq.Ft. Ground Open plan retail unit 27.45 295 First 1-bedroom apartment 28.05 302 Second 2-bedroom apartment 28.35 305 Total 83.85 902

Features

• Attractive central location • Convenient to both city centre and UCC • Easily managed investment property • Currently producing €20,400 p.a. • Reversionary potential • N.I.Y 9.65%

BER Details

BER: G BER No.800698144 Energy Performance Indicator:1439.05 kWh/m²/yr

Disclaimer

The above details are for guidance only and do not form part of any contract. They have been prepared with care but we are not responsible for any inaccuracies. All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy himself / herself by inspection or otherwise as to the correctness of each of them. In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail.The details are issued on the understanding that all negotiations on any property are conducted through this office.

Description

Accommodation

Floor Type Sq.M. Sq.Ft. Ground Open plan retail unit 27.45 295 First 1-bedroom apartment 28.05 302 Second 2-bedroom apartment 28.35 305 Total 83.85 902

Features

• Attractive central location • Convenient to both city centre and UCC • Easily managed investment property • Currently producing €20,400 p.a. • Reversionary potential • N.I.Y 9.65%

BER Details

BER: G BER No.800698144 Energy Performance Indicator:1439.05 kWh/m²/yr

Disclaimer