Lot 29 9 Pearse Square, Ballyphehane, Co. Cork, T12 NH94

Bidding Closed

SOLD FOR

€256,000

Property Enquiries

Emma Byrne

emma.byrne@bidx1.com
+353 (0)1 566 8346
+353 (0) 87 707 6174

Viewing/ Registration Enquiries

BidX1 Support Team

info@ie.bidx1.com
+353 (0) 1 667 3388

Vendor Solicitor

Robert Simmons

rsimmons@byrnewallace.com
+353 1 691 5000
Description
Map
Viewings

Addendum
Please be advised of the inclusion of Special Condition 21.2 in the Contract for Sale. Please also note the amendment to Requisition 12 of the Replies to Requisitions on Title.
Property Summary
  • A mixed use building. 
  • Comprising a ground floor take-away unit together with residential accommodation overhead.
  • Extending to approximately 145 sq.m (1,560 sq.ft) in total.
  • Entire let to an individual t/a Bartie's Takeaway.
  • Lease expiry 2028.
  • Current rent reserved €18,000 per annum.
  • Net Initial Yield 9.63%.
Location
  • Ballyphenane is a suburb in Co. Cork.
  • Ballyphenane is located approximately 3 km south of Cork City.
  • Transport links include N27, N22 and N40 as well as Cork Airport and number of local bus routes.
  • The property is situated within a high density residential development just off Pearse Road.
  • Surrounding occupiers include Boylesports Bookmakers, Spar and O'Donovan's Life Pharmacy. 
Description

The property is arranged to provide an end of terrace mixed use building. Internally the property comprises a ground floor take-away unit together with residential accommodation overhead. 

Total floor area extending to approximately 145 sq.m (1,560 sq. ft). 

Tenancy

The entire property is at present let to t/a Bartie's Takeaway for a term of 10 years from June 2018 at a contractual rent of €18,000 per annum. 

VAT
Please refer to Legal Documents
BER
Number

Available From Bidx1

Energy Performance Indicator

536.74 kWh/m²/yr - 2219.97 kWh/m²/yr 3.06


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.


Contact Emma about this property