Savills is delighted to offer for sale by private treaty this commercial investment property located in Cork City.
The property comprises an attractive mid terrace part three storey, part four storey commercial building fronting directly onto North Main Street. Internally, the property comprises a ground floor banking hall with a number of private offices, safe room, staff canteen and staff toilets, with additional staff offices, canteen and toilets at first floor. The upper floors comprises additional staff and office accommodation. The entire property is let to Kavwall Limited, with the lease Guaranteed by Allied Irish Banks p.l.c. on a 20-year lease from 3rd April 2007 at a passing rent of €91,700 per annum. There is a tenant break option at Year 15, subject to 6 month’s notice.
Let under a 20 Year Lease from April 2007 at a passing rent of €91,700 per annum.Chris O'Callaghan
BER Rating - C1 BER No - 800388837
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