Aldi Castle Square, Carrigtwohill, Cork

Sold

Beds
Price	Sold
Property Type	Investment Property
Size	1584 meters²
Energy Rating	BER-C1
Refreshed on
Eircode
Group Name	Behan Irwin & Gosling
Sales License Number	003218

Description

The unit forms part of the Castle Square development which is a mixed use scheme. The unit is located on the main street to the west of Carrigtwohill town centre. Carrigtwohill is a large commuter town situated midway between Cork city and Midleton in East Cork. The town is serviced by excellent road (N40 Cork to Rosslare Euro Route) and rail services (Cork to Midleton Commuter Line). Major employers in the area include Merck Millipore, Stryker and GE Healthcare, the major employment hub of little island is located 4km to the west. Description: The property comprises a ground floor discount retail store extending to 17,046 Sq Ft within a larger multi storey building within the Castle Square development. The overall development comprises a Primary Health Care Centre, GP's surgery, Pharmacy and café. The building is of steel portal frame with concrete reinforced floor slab. External elevations are a combination of glazing and cladding. The large housing development of Castlelake is located adjacent to the property. Lease Term: 25 years from 12th January 2008 (14 years unexpired). Lessee: Aldi Store (Ireland) Limited. Current Rent: €451,719 pa exclusive of all other out goings. Term: Full Repairing & Insuring Term Tile: long leasehold interest (500 years) Price: on application Solicitor: Mr. Cathal O' Sullivan, Whelan Solicitors, Grattan Court, Washington Street West, Cork City Viewings:Strictly by appointment with sole selling agents

Accommodation

Open plan retail supermarket, incorporating stores c. 17,046 sq ft / c. 1,584 m sq

Features

Grade-A covenant occupied by ALDI Stores (Ireland) Ltd. 25 year lease from January 2008 14 years unexpired Current rent €451,957 per annum Extending to 17,046 sq ft

BER Details

BER: C1 BER No.800735623 Energy Performance Indicator:411.96 kWh/m²/yr

Description

Accommodation

Open plan retail supermarket, incorporating stores c. 17,046 sq ft / c. 1,584 m sq

Features

Grade-A covenant occupied by ALDI Stores (Ireland) Ltd. 25 year lease from January 2008 14 years unexpired Current rent €451,957 per annum Extending to 17,046 sq ft

BER Details

BER: C1 BER No.800735623 Energy Performance Indicator:411.96 kWh/m²/yr