Cohalan Downing 88 South Mall, Cork, Ireland

tel: +353 (0) 21 4277717 fax: +353 (0) 21 4274820 e-mail: information@cdacork.com

Viewing strictly by appointment with sole agents.

For Sale

by Private Treaty

Fully Let Investment (Tenants Remaining Unaffected)

REF: 20072

Mixed Use Investment Opportunity

Corvelle House, Douglas West, Cork.

> High quality, modern, mixed use investment opportunity extending to approximately 3,600 sq. ft over two floors. > The property has excellent frontage and is situated in a well established and popular suburban area in Douglas Village.

> The property comprises a ground floor retail unit with 2 x 2 bedroom & 1 x 1 bedroom residential units > Fully tenanted investment opportunity with established covenants to include Túath Housing and The Urban Apache Ltd with a current rent passing in the order of €43,480 per annum. > Let on new leases at sustainable rental levels providing opportunity for rental growth on review.

Messrs. Cohalan Downing, for themselves and for the vendors of this property whose agents they are, give notice that: (i) the particu-

lars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract, (ii) no person in the employment of Messrs. Cohalan Downing has authority to make or give any representation or warranty whatever in relation to the

property.

For Sale

Accommodation: Location: Located at the intersection between Donnybrook Hill, West Douglas Street and Church Road in the affluent city suburb of Douglas Village. Its superb frontage is complimented by its location near Douglas Village Shop-ping Centre, Douglas Woollen Mills and close proximity to the South Ring Road. Lease Details: Residential units let to Tuath Housing Association Limited on a 10 Year Lease from May 2013 with a

passing rent of €24,480 per annum. Commercial Unit let to Urban Apache Limited on a 4 Year 11 Month lease from September 2014 with a

passing rent of €19,000 per annum. Tenant has an option to renew for a further period of 4 Years 11 Months subject to a minimum of 6 months prior formal notice.

Contact:

> Rob Coughlan rcoughlan@cdacork.com 086-3264320 BER Rating:

Description Sq M (Approx.) Sq Ft (Approx.)

Ground Floor Commercial 83.6 900

Ground Floor Apt – 2 Bed 83.6 900

First Floor Apt – 1 Bed 60.4 650

First Floor Apt – 2 Bed 83.6 900

Total Area 311.2 3,350