47/48 Maylor Street/ 26 Parnell Place, Co. Cork

PROPERTY DESCRIPTION

Site Highlights:
Prime City centre investment property
Excellent location at the intersection of Maylor St and Parnell St
All floors tenanted with annual income of €28,000 pa
Tenants unaffected

The Location:
The property is located at 47/48 Maylor Street just at the intersection of Maylor Street and Parnell Place, Cork City Centre. The property is minutes from Cork’s prime shopping and retail streets, Oliver Plunkett Street and Patrick Street. This is a very central location with a very large footfall.

Description:
The property comprises a 3 storey corner premises. The ground floor is currently tenanted by Nectar Café and Reds barber shop. There are 2 floors overhead which are currently laid out as office space and include a WC and a kitchen area and are currently rented to a Taxi Insurance Company. The property is being offered for sale as an investment opportunity and the existing tenants are not affected. There is also income generated by a bill board and signage on the property.

Floor Sq. ft Sq. M Rental Income PA
Ground Floor Cafe 484 45 €10000
Ground Floor Barber 194 18 €8,500

1st & 2nd Floor Office Space, 237 22 €7,500
Kitchen, WC, – Taxi,
Insurance Office

Billboard €1000
4 x small signs €240

Total Income €27,240

BER Details