Description
FOR SALE
Commercial Investment Property
At
Main St., Ballinacurra, Midleton, Co. Cork.
· A Premier investment property in a most prominent trading location.
· Modern Building in excellent Condition.
· Fully let on 35 year FRI lease with 5 year reviews
· Full planning permission for Fast Food Take-away outlet
· Most attractive 4.25% yield
Accommodation:
A most prominently location modern commercial corner building extending to approx 286 sq m (C. 3078 sq ft) over two floors with the added benefit of a full fast food take away planning permission, this is a premier investment opportunity not to be missed in this expanding and fast developing commercial suburb/ neighbourhood of Midleton and main gateway village to surrounding hinterlands including Aghada, Whitegate, Cloyne and Ballycotton.
Ground Floor:
Fast Food/restaurant take away outlet, with Kitchen and dining area, associated services area and toilets.
1st Floor
Laid out as two one bedroom apartments.
Lease details:
Entire building let as one entity to current tenant under full 35 year lease
Term: 35 years from 28th Jan 2005
Conditions Full repairing and Insuring
Rent Reviews: 5 year reviews, upwards only
Quick link to this property www.propertynews.com/pc65
