Savills | Main Street, Carrigaline, Co Cork | Properties for sale
3,607 sq ft(335.10 sq m)
Price on application

Main StreetCarrigaline, Co Cork

    Key features

    • Let in its entirety to AIB under a 20 Year Lease from April 2007.
    • FRI Lease with a passing rent of €112,600 per annum.
    • Entire building extends to 3,607 sq ft (335.13 sq m).
    • Secure rear car park with parking for c 14 cars on a site of 0.14 acres.
    • Offered for sale with the benefit of the existing tenancy.

    Savills is delighted to offer to the market this investment opportunity in Carrigaline town centre with a secure rear car park for approx 14 vehicles.

    About this property

    • The property is located in the centre of Carrigaline town with direct profile onto the Main Street in addition to a secure rear car park for approximately 14 vehicles. The property comprises a detached, two storey commercial building fronting directly onto the Main Street of Carrigaline. Internally, the property comprises a ground floor banking hall, with a number of private offices and safe room, while the upper floor comprises staff toilets, canteen and staff / store accommodation. The entire property is let to Allied Irish Banks p.l.c. on a 20-year FRI lease from 3rd April 2007 at a passing rent of €112,600 per annum. There is a tenant break option at the expiration of year 15 subject to 6 months’ notice.

    The property is offered for sale with the benefit of an existing tenancy.

    Chris O'CallaghanProperty agent

    Local information

    • Carrigaline is well serviced with main occupiers in the town including Super Valu, Dunnes Stores, Lidl and Dairygold Co-Op, and also has a selection of solicitors, accountants and various medical uses.
    • Carrigaline is located c. 14km from Cork City Centre, 8km from Ringaskiddy and 7km from Crosshaven. Carrigaline is the largest town in Cork County with a population nearing 16,000 persons and is home to a large work force who travel to both Cork City and the pharmaceutical hub of Ringaskiddy.

    Additional information

    • The property has good and marketable title.

    Energy performance

    BER - B2