DNG Creedon auctioneers are proud to present an amazing opportunity to purchase an investment property in the busiest street in Cobh town.
Cobh has strengthened its tourism in recent years with its deep water port for cruise liner ships. In 2019 Cobh will entertain 100 cruise liners in port. As a result of the high demand from cruise liners to come to Cobh they are now opening a second peer for the cruise liners. This building will be perfectly positioned to benefit from poor peers as it is the centrepoint to both piers.
Currently this building is tenanted producing a rental income of TBC plus VAT per annum. There is no formal lease in place however this tenant is trading from the premises for the last 17 years. This building is been sold with the benefit of the tenant and the rental income. A five-year lease is in place with the existing tenants from 2019 till 2024. The building comprises of a main shop floor with store room to the rear and bathroom. The retail unit measures just under 62 metres square or 667 square feet approximately.
DNG Michael Creedon, for themselves and for the vendors or lessors of the property whose Agents they are, give notice that: (i) The particulars contained herein are set out as a general outline for the guidance of intending purchasers or tenants, and do not constitute any part of an offer or contract and are not in any way legally binding. (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) No person in the employment of DNG Michael Creedon has any authority to make or give representation or warranty whatever in relation to this development. (iv) The particulars contained herein are confidential and are given on the strict understanding that all negotiations shall be conducted through DNG Michael Creedon. (v) DNG Michael Creedon disclaims all liability and responsibility for any direct and/or indirect loss or damage which may be suffered by any recipient through relying on any particular contained in or omitted from the aforementioned particulars. Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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