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42 Paul Street Cork,

T12AY93
1,879 SQ.FT
Guide price
€400,000
Investment Property

Property Overview

The property comprises a three storey plus attic mid terrace building which extends to approx. 174.5 sqm (1,879 sq ft). The ground floor is occupied by Sweet Experience Ltd T/A Sweet Heart on a 35 year lease from 1st January 2020 at a passing rent of €17,000 per annum. The upper floors have independent access from Paul Street and are available with vacant possession. Asset Management opportunity with potential to increase the current rental income by letting the upper floors or converting to residential accommodation (SPP).

The property comprises a three storey plus attic mid terrace building which extends to approx. 174.5 sqm (1,879 sq ft). The ground floor is occupied by Sweet Experience Ltd T/A Sweet Heart on a 35 year lease from 1st January 2020 at a passing rent of €17,000 per annum. The upper floors have independent

  • Investment and Asset Management opportunity
  • Located in Cork City’s retail core
  • Current rental income €17,000 per annum
  • Asset enhancement opportunity to increase rental income by letting upper floors or converting to residential (SPP)

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