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86 North Main Street, Cork City, T12 X5X8

Investment Property (490.30 sqm) For Sale by Private Treaty
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Price €1,295,000

Features

  • Substantial four storey mixed use building incorporating a retail unit at ground floor and eight no.one bedroom residential apartments
  • Total floor area approximately 490.3 sqm (5,277 sqft)
  • Attractive fully let investment opportunity with a current rental income of €105,752 per annum.
  • The property is offered for sale with the benefit of the existing occupants

Location

The property is centrally situated in Cork city centre on the west side of North Main Street at its northern end close to its intersection with Kyle Street and adjacent to its intersection with St Peter’s Avenue. North Main Street is an important city centre thoroughfare connecting Griffith Bridge and Shandon Street to the north and South Main Street and Washington Street to the south. North Main Street is an old quarter of the city and historically an established retail street. North Main Street shopping centre and multi storey car park is further to the north east with The Gate cinema situated further north fronting Bachelors Quay.

Full Description

The property comprises a four-storey mid-terraced building incorporating a retail unit at ground floor and eight no. one bedroom apartments. The building is of traditional construction. Access to the apartments is via St. Peter’s Avenue only and there is a central staircase serving the apartments at each level, there is no lift in this building. The property was completely redeveloped in 2005/2006 with the exception of the façade of the building fronting North Main Street. Internally each apartment comprises an entrance hall, living room/dining room/kitchen, one bedroom, bathroom with shower, w.c., w.h.b. and hot press. The self-contained retail unit fronts onto North Main Street and is laid out internally with an open plan retail area to the front and a store to the rear.

Viewing Details

By special appointment with the sole selling agent, Lisney.

Accommodation

    Apt. No. Floor Description Sq. M. Sq. Ft. 
      Ground Commercial 49.7 535
    1 Ground One bedroom apartment 44.0 474
    2 First One bedroom apartment 44.0 474
    3 First One bedroom apartment 54.2 583
    4 Second One bedroom apartment 44.0 474
    5 Second One bedroom apartment 54.2 583
    6 Third One bedroom apartment 44.0 474
    7 Third One bedroom apartment 54.2 583
    8 Fourth One bedroom apartment 52.3 563
        Total Floor Area 490.3 5,277

BER Details

BER: B3-D2

Contact Details

Address: 1 South Mall, Cork
Telephone: +353-21-427 5079 or you can also email us at cork@lisney.com

Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.

3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation  are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation or for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant.

  4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.