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Telephone:
(021) 425 1010
View Online:
www.realestatealliance.ie/605500
Key Information
Address
Looney's Cross,
Bishopstown,Cork
Style
Retail
BER Rating
Status
Sold
PSRA License No.
002428
Features
Bishopstown
Cork
Additional Information
Description INVESTMENT OPPORTUNITY (TENANT NOT AFFECTED)
STRATEGICALLY LOCATED 2 NO OWN DOOR RETAIL UNITS SITUATED IN THIS ESTABLISHED RESIDENTIAL SUBURB WITH THE BENEFIT OF A HIGH PROFILE LOCATION WITH EXCELLENT ROAD FRONTAGE ONTO BISHOPSTOWN ROAD.
Accommodation THE PROPERTY
The property comprises of two adjoining own door retail units with an enclosed rear yard. One of the units is currently occupied as a restaurant and the adjoining unit is vacant and is mainly open plan internally.
Unit 2: Spice of India - Open Plan, Kitchen, Stores & WC 110.4 sqm (1189 Sq Ft)
ZONING/PLANNING PERMISSION
The zoning applicable to the property is “Neighbourhood Centre” in the Cork City Development Plan 2015-2021. The property also has the benefit of planning permission Reg No 13/35598 for the change of use of a section of the former off licence premises to include the provision of a sandwich deli bar and seating for the sale of hot food for consumption on and off the premises as granted on the 15th July 2015.
TENANCY
The restaurant premises let to Droum Trading Ltd T/A Spice of India on a 35 year lease from October 1994 at a current rent of €28,350.00 with 5 yearly rent reviews with no break clause.
BER INFORMATION
Unit 1: Vacant BER: C2 BER NO: 800459448 Unit 2: Spice Of India BER: E1 BER NO: 800459430
FLOOR AREA
Total Floor Area Circa 303.9 Sqm (3271 Sq Ft) Total Site Area Circa 0.05 Hectares (0.13 Acres)