6, 7 & 8A MacCurtain Street, Cork City, Cork

Sale Agreed

Beds
Price	Sale Agreed
Property Type	Investment Property
Size	meters²
Energy Rating	BER-D2
Refreshed on
Eircode
Group Name	Cohalan Downing
Sales License Number	001641

Description

FOR SALE Refurbishment/ Development/ Investment Opportunity (Tenant Unaffected) 6, 7 & 8A, MacCurtain Street, Cork City Exceptional opportunity to acquire an imposing city centre building of distinction, charm & character dating back to c.1910. Extending to some 4,980 sq.ft approx. to include a ground floor retail unit which is currently trading as O Português (Tenant Unaffected) and two substantial upper floors which are currently vacant and were previously home to the Telecom Eireann Social Club. Please note the offering does NOT include Paddy Torino’s. The ground floor retail unit is accessed directly from street level. The offering also includes the central archway which provides rear access and means of escape. The upper floors also have independent access directly on to MacCurtain Street. The overhead accommodation is in need of refurbishment and may suit an abundance of alternative uses to include residential, office, leisure, educational, etc (subject to planning). Ideally situated in the recently designated Victorian Quarter of MacCurtain Street in Corks City Centre. This area has excellent levels of footfall both day & night with well-known eateries such as Greens, Isaacs, Gallaghers Gastro pub, Son of a Bun, etc. Other neighbouring occupiers include The Everyman Palace, Metropole Hotel & Starwood Hotels & Resorts Worldwide. Zoning: The area is zoned ‘Z 01—City Centre Retail Area’ under the Cork City Development Plan 2015—2021. Objective: “To provide for the protection, upgrading and expansion of retailing, in particular higher order comparison retailing, as well as a range of other supporting uses in the City Centre retail area”. Retailing is prioritised in this area but not to the exclusion of other land use types. Other uses such as residential, hotel, office and cultural and leisure facilities etc which compliment the retail function of the CCRA and promote vibrancy in the City Centre are also permitted. Accommodation Floor Area Sq. M Approx. Sq. Ft Approx. Ground Floor 96 1,033 First Floor 184 1,983 Second Floor 183 1,970 Total Area 463 4,980 Tenancy: Ground Floor (6 & 7) is currently let to O Português on a 3 year lease from August 2014 with a passing rent of €12,000 per annum exclusive. Further details available on request. Solicitor: Joyce A. Good Hammond, Hammond Good Solicitors, HG Legal Chambers, Thomas Davis Street, Mallow, Co. Cork. Viewing: Strictly by prior appointment with; Rob Coughlan E-mail: rcoughlan@cdacork.com Or Maurice Cohalan E-mail: mcohalan@cdacork.com

BER Details

BER: D2

Description

BER Details

BER: D2