For Sale

Prime Mixed Use Investment Opportunity

Part Ground and Thrid Floor | Lapps Quay | Cork

Unique opportunity to acquire a substantial mixed use office and retail / restaurant investment

Mixed use property comprising a fully occupied floor of offices, a trading coffee dock, a vacant fully fitted ground floor office and a vacant fully fitted restaurant

Landmark development in a superb location in Cork’s central business district just off Cork Docklands within minutes walking distance of PaTrick Street, South Mall and the bus and train stations

Current rent of €449,000 per annum

Approx. 2,469 sq m (26,586 sq ft)

Basement car parking available

80% occupancy with extensive asset management opportunities

Estimated rental value in the region of €620,000 per annum upon full occupancy

Units are finished with modern high specification including heating & cooling air conditioning system, raised access floors and double glazed windows

Highly desirable and much sought after business location with notable occupiers within the development including EY, Workvivo by Zoom, Glandore and Orsted

WAULT to expiry 6.2 years & WAULT to break 3.2 years

Shower and changing facilities

Location

City Quarter is a landmark five storey mixed use commercial development located on Lapps Quay in the heart of Cork’s central business district. City Quarter comprises a mixture of offices and restaurants adjacent to...

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The Opportunity

The property comprises part of the ground floor and the entire third floor of City Quarter which is a high specification mixed use commercial development over a double basement car park.