| Floor | Accommodation | Size (Sq.m) | Size (Sq.Ft) |
| Total | 648.21 sq. m | (6,976 sq.ft) | |
| Ground floor | Retail | 289.61 sq. m | (3,116 sq.ft) |
| First floor | Ancillary accomodation | 263.33 sq. m | (2,835 sq.ft) |
| Second floor | Ancillary accomodation | 51.66 sq. m | (556 sq.ft) |
| Third floor | Ancillary accomodation | 43.61 sq. m | (469 sq.ft) |
1 / 6
Auction
122 St. Patricks Street, Cork, Co Cork
-
Auction
- Lot 216
- Ireland
- Retail
- Commercial
GUIDE PRICE €1,650,000
Property Summary
- A prime retail investment.
- Comprising retail and ancillary accommodation.
- Extending to approximately 648.21 sq. m (6,976 sq. ft).
- Prime retail location on Corks premier shopping street.
- Ground and first floor let to Schuh (ROI) Limited t/a Schuh.
- Lease expiry 2026.
- Second and third floor vacant.
- Current rent reserved €180,000 per annum.
Contact Us
Legal Contact
Contact Us
Legal Contact
Downloads
Your BidX1 Account
Log in to your BidX1 Account to view the legal documents.
Create New Account
Register for a BidX1 Account to view the legal documents.
Description
The property is arranged over ground and four upper floors to provide a mid terrace retail building. Internally the property comprises a ground floor retail unit together with overhead storage and ancillary accommodation.
Location
- Cork is the second largest city in Ireland with a population of some 198,000 people (as of the 2011 Census).
- The city is located approximately 119km south west of Waterford, and approximately 95km south of Limerick.
- The M8 is situated approximately 7km to the east of the city centre and provides access to Dublin and the north east.
- The property is situated on Patrick Street, Corks primary retail street.
- Surrounding occupiers include Marks and Spencer, Brown Thomas and Debenhams.
Tenancy
The ground and first floor is at present let to Schuh (ROI) Limited t/a Schuh for a term of 20 years from 01.08.2006 at a contractual rent of €180,000 per annum, exclusive of rates and VAT. There was a tenant break option on the 31st of July 2016 which was not exercised and has now passed. The lease provides for rent reviews every fifth year and contains full repairing and insuring covenants. The remainder is vacant.
VAT
Please refer to Legal Documents
BER Rating
C2
BER Identification Number
800553158
Energy Performance Indicator
418.49 kWh/m²/yr
Helpful links
*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
Congratulations!
You're the highest bidder
You will receive an email from our team shortly to outline the next steps.
If you have purchased a property in the UK or Ireland, you'll need to pay the remainder of your deposit via My Account.
You're the highest bidder!
As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
If you have any questions in the meantime, we're here to help:
You need to activate Functional Cookies in the