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Oakleigh House, Donnybrook, Douglas , Co. Cork, T12 D861

  • Auction
  • Lot 228
  • Ireland
  • Mixed Use
  • Commercial

GUIDE PRICE €800,000

Addendum

Please note that the contract for sale has been revised. Documents 38 and 39 have been added to the Document Schedule. In addition, Special Conditions 14 and 18 have been amended.

Property Summary

  • A mixed use investment.
  • Comprising 3 x retail units and 3 x two bedroom apartments.
  • Extending to approximately 604 sq. m (6,501 sq. ft), in total.
  • Situated in a sought after residential location.
  • Total current rent reserved €61,400 per annum with vacant possession of 1 x apartment.

Contact Us

Ciara McGovern
Ciara McGovern
Property Agent, here to help.
Conor Rock
Vendor's Solicitor

Contact Us

Ciara McGovern
Ciara McGovern
Property Agent, here to help.
Conor Rock
Vendor's Solicitor

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Description

The property is arranged over ground and two upper floors to provide a detached unbroken mixed use building. Internally the property comprises three x retail units at ground floor level together with three x two bedroom apartments overhead.

Location

  • Douglas is a southern suburb of Cork.
  • The area is located approximately 5km south of Cork city centre.
  • The N40 is situated immediately north of Douglas, with the N8 a further 6km north.
  • The property is situated to the south of Douglas village centre, on Donnybrook Hill in Donnybrook.
  • Surrounding occupiers include Centra, Douglas Paints and BEL Childcare.

Property Table

    Total 604  (6,501 sq. ft)   € 61,400 p.a.
Unit Present Lessee Accommodation Sq. m Sq. ft Lease Terms Current Rent € p.a.
1 An Individual t/a Artisan  Retail 72 (775 sq. ft)

 20 years from 12.02.2013

5 yearly rent reviews

Breaks in year 5 and 10

IRI terms

€ 15,000 p.a.
2 An Individual t/a Puerto Banus Nail Bar Retail 63 (678 sq. ft)

 10 years from 18.12.2013

5 yearly rent reviews

Break in year 5

IRI terms

€ 12,000 p.a.
3 An Individual t/a Boulevard Interiors Retail 203 (2,185 sq. ft)

 12 months from 27.05.2010

IR terms

€ 11,000 p.a.
4 Vacant Apartment 133 (1,432 sq. ft) - -
5 An Individual Apartment 70 (753 sq. ft) Residential tenancy € 10,800 p.a.
6 An Individual Apartment 63 (678 sq. ft) Residential tenancy € 12,600 p.a.

VAT

Please refer to Legal Documents

BER Rating

B3 - C2

BER Identification Number

Available from BidX1

Energy Performance Indicator

916.67 kWh/m²/yr1.2 - 689.06 kWh/m²/yr0.95

Helpful links

*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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