Savills | 14 Winthrop Street, Cork City, Co Cork | Property for sale
1,208 sq ft(112.23 sq m)
Guide price €950,000

14 Winthrop StreetCork City, Co Cork

  • Sole agency

Key features

  • Offered for sale with the benefit of the existing tenants.
  • Property extends to a total floor area of 112.25 sq m (1,208 sq ft) NIA.
  • High profile city centre retail unit with the benefit of existing food/cafe use.

Savills is delighted to introduce to the market this high profile city centre retail unit with the benefit of existing food / cafe use.

About this property

  • The property is a self-contained mid-terrace commercial building with commercial space on the ground and first floors with staff/storage accommodation on the upper floors.

    The property is currently in use as a restaurant with open plan kitchen/serving counter at ground floor and seating area at first floor. The unit is well fitted with an attractive facade and the floor space within the property is maximised to its full potential.

    The existing food/cafe unit is highly desirable in a location where it is becoming increasingly difficult to secure change of use from retail to food/cafe.

    The property is currently let under a 20 year upward only lease from February 2010 at a contracted rent of €70,000 pa.

Tenants not affected.

Chris O'CallaghanProperty agent

Local information

  • The subject property is located in a high-profile location at the Oliver Plunkett Street end of Winthrop Street. Winthrop Street is considered one of the main pedestrian thoroughfares in Cork City and includes retailers such as Brown Thomas, Vodafone, McDonalds, Hallmark, Neville Jewellers and Boojum.
  • Cork City is the second largest city in Ireland with a population of approximately 200,000 persons, with a county wide population of approximately 520,000 persons. The city offers a vibrant, diverse and compact core with a student population of approximately 30,000 and is home to University College Cork and Cork Institute of Technology. In addition, Cork has an excellent employment base of large multi-nationals including Apple, Dell/EMC, Amazon, Pfizer and Novartis.

Additional information

  • The property holds good and marketable title.

Energy performance

D1

Available space

FloorUseSq M (NIA)Sq Ft (NIA)
GroundRestaurant28.28304
FirstSeating Area19.34208
SecondStaff / Stock24.54264
ThirdStaff / Stock26.33283
AtticStore13.75148
Total112.251,208