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Investment

No. 39 St Patrick Street, Cork

POA For Sale 807.00 sqm approx

Cushman & Wakefield Cork are pleased to offer the investment of No. 39 St. Patrick’s Street for sale seeking offers in excess of €2,500,000.

 

Investment Highlights

-  Prime retail location on Patrick Street next to Opera Lane and Oliver Plunkett St. Situated between Eason and PTSB and next to Pandora and Dune.
- Occupied by Mizen Clothing Retail Limited t/a The North Face. Annual base rent of €200,000 plus a 9% gross turnover rental top-up.
- Ten year lease agreement from 1st September 2022 with a tenant break option at the end of year five of the lease.
- Extensive retail area in excess of 4,400 sq ft at ground & 1st floor. The building extends to 8,682 sq ft GIA in total over four floors.
- Well maintained building benefiting from an impressive new retail fit-out. Fully occupied, no asset management required.
- Please note the Tenant is not affected by this investment sale.
 

Further information and viewings available upon request from sales agent Cushman & Wakefield.

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