Property known as Malay Kitchen, Market Square, Haydens Lane, Kinsale, Co. Cork, P17 KR74
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Auction
- Lot 115
- Ireland
- Restaurant
- Commercial
GUIDE PRICE €260,000
Property Summary
- A restaurant investment.
- Extending to approximately 85 sq. m (914 sq. ft).
- Let to an individual t/a Malay Kitchen.
- Rent review 2020.
- Lease expiry 2023.
- Reversionary potential.
- Total current rent reserved €19,800 per annum.
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Description
The property is arranged over ground floor only to provide a restaurant. Internally the property comprises entrance hall, W.C facilities (wheelchair accessible), open plan seating area, kitchen and bin store . The property forms part of a wider mixed use building arranged over ground and one upper floor.
Total floor area extending to approximately 85 sq. m (914 sq. ft).
Location
- Kinsale is a town in west County Cork.
- The town is approximately 25km south of Cork City and 88km south east of Killarney.
- Transport links to the area include the R600 providing direct access to Cork City and Bus Eireann provides the primary means of public transport.
- The property is situated on Haydens Lane, just at its junction with Market Square.
- Surrounding occupiers include Cru and Good Food Circle Restaurants Finns Table, Jim Edwards and The Supper Club.
Tenancy
The entire property is at present let to an individual t/a Malay Kitchen for a term of 4 years 11 months from 01.03.2018 at a contractual rent of €19,800 per annum, exclusive of rates and VAT. The lease provides for a rent review in March 2020.
VAT
BER Rating
BER Identification Number
800682122
Energy Performance Indicator
875 kWh/m²/yr
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*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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