Sale Agreed

Prime Office Investment Opportunity (Tenant Not Affected)

The overall property comprises a mid terrace ‘Georgian Style’ building with basement car parking which was constructed in the late 1980’s. The subject property consists of the ground and first floor office accommodation only with the remainder of the building (comprising apartments) not forming part of the sale. Internally the property comprises reception area, open plan office area, private offices, meeting rooms, canteen and restroom facilities. (internally the property interconnects with the adjacent building also occupied by the tenant). BER DETAILS: Rating D1 Number 800598260 Energy Performance Indicator: TBC kWh/m2/yr1.29 SOLICITORS: Martina Murphy Solicitor T: (061) 303311 E: martina@martinamurphy.ie
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Location Description

The subject property is situated in Cork City centre on the northside of South Terrace midway between its junction with White Street and Infirmary Road. It is conveniently situated within a short walking distance of South Mall, Cork’s traditional central business district and Patrick Street, Cork’s principle shopping street.

Sizes and Measurements

Total Size

725sqm

Lease Information & Charges

Lease type

Freehold

For sale

Price On Application

Usage Type

Investment

Specification/Key Benefits

  • Prime city centre location
  • Let to Mercer on a 35 year lease from 11th Nov 1988 at current rent of €154,000pa
  • Comprises ground & first floor offices extending to approx. 724.8 sq m with 9 car spaces

Photos

23-25 South Terrace External
Meeting Room
Office Internal

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