€600k for fully-let Cork city investment
Savills is guiding in excess of €600,000 for a commercial investment opportunity at 17-18 French Church Street in Cork city centre. The property is fully let to three tenants with a combined rent of €43,644 per annum. The tenants will not be affected by this sale.
The space extends to approximately 77.96 sq m (839 sq ft) at ground and mezzanine level and 125.93 sq m (1,355 sq ft) for each of the first and second floors combined.
The property comprises a mid-terrace, three-storey commercial building with a licensed restaurant located on the ground floor with mezzanine. The restaurant includes a dining room, two kitchen areas, a cold store, staff office and restroom facilities.
On the first and second floors, there are office spaces in a combination of open-plan and cellular offices with independent access.
Located on the western side of French Church Street between Patrick Street and Paul Street, the property is centrally located in Cork city centre. Adjacent occupiers include Nando's, Cork Coffee Roasters, Coq Bull and Superdry. Other major retailers in the vicinity include Tesco, H&M, Next, Top Shop and River Island.