Commercial
 

Commercial Property

Station & Shop, Old Cork Road, Mallow Co. Cork

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Price: 1.450.000 1450000
Contact
Telephone: 021 427 0007

Description

Retail Investment Service Station & Shop, Old Cork Road, Mallow Co. Cork. (tenant unaffected).

The investment comprises a retail convenience store, petrol filling station and off license. The buildings are single storey and of concrete block construction covered with an insulated flat. Both shops are fitted out to an excellent standard throughout.

Location
The premises is situated at the junction of the R620 (Cork Road) and old Cork Road with excellent frontage to both roads, on the southern side of Mallow town centre, just off the N20 Cork to Limerick Road. Mallow is the largest town in north Cork.

Excellent investment opportunity. Current rental income of €162,500 pa. The entire extends to c.3,180 Sq Ft. Sale includes a petrol filling station, convenience store and off licence. Close proximity to a number of arterial routes.

Lease Details
The shop and filling station are occupied under a 35 year lease from 1st March 2012 at a rent of €130,000 pa
 
Off licence is occupied under a 32 year and 10 month lease room 17 April 2013 at a rent of €32,500pa.


Total Income €162,500 pa


Description                                                                   Sq m        Sq ft
Convenience Store(Including office, staff areas & storage areas).           182        1,960
Off Licence (Including office & Storage areas)                              113.3       1,220

 TOTAL                                                                      295.3        3,180

Features

Location

Mallow, CO CORK
Old Cork Road, Mallow Co. Cork.

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Added 09-10-2019