Opera Lane, Cork City Centre, Co. Cork
POA For Sale 9,964.00 sqm approx
- Opera Lane is the high street retail destination in Cork city centre connecting Patrick Street to Half Moon Street
- The opportunity extends to in excess of 9,964 sqm (107,000 sq. ft) and provides for large floor plates ideally suited to modern high street retailers
- Tenants include H&M, New Look, Next, Victoria’s Secret, Bath & Body Works, Therapie Clinic, Tommy Hilfiger, Skechers, Specsavers, Starbucks and Select
- Select and Tommy Hilfiger benefit from extensive dual frontage onto both Patrick Street and Opera Lane and Starbucks has frontage and access points from both Opera Lane and Emmet Place
- 100% occupied with Net operating income of €2,200,258 per annum
Seeking offers in excess of €22,000,000 which reflects a very attractive Net Initial Yield of 9.10%
(assuming standard purchasers costs of 9.96%)
Ber Rating
