Bishopstown House & Adjoining Property,
Property Overview
- Features
- Location
- Tenancy
- Town Planning/Zoning
- Services
- Title
- Floorplans
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- Viewing
The property comprises two detached office buildings on a regular shaped site of approximately 1.3 acres : 0.53 hectares.
The property comprises two detached office buildings on a regular shaped site of approximately 1.3 acres : 0.53 hectares.
The property comprises two detached office buildings on a regular shaped site of approximately 1.3 acres : 0.53 hectares.
- Superb Office Investment / Development Opportunity in Cork’s most popular suburban location.
- Attractive investment opportunity with a current rental income of €60,000 per annum with significant reversionary and development potential.
- Bishopstown House Let to PMD Device Solutions Ltd on a ten year lease from 2016. Tenant not affected by sale.
- Adjacent office building with vacant possession and potential to extend.
- Prominent location opposite Cork Business and Technology Park with excellent on site parking.
The property is located on the south side of Model Farm Road at its western end just east of its intersection with Rossa Avenue approximately 4km south west of Cork city centre and 8km north west of Cork Airport with convenient access to the South Ring Road network. The property is situated opposite the IDA Cork Business & Technology Park with occupiers including Boston Scientific, Trend Micro, Abtran and Pilz Ireland. Other neighbouring occupiers in the vicinity include Munster Technical University, Fas Training Centre and Model Business Park. There are also a number of mature residential housing estates in the vicinity. Bishopstown is a high density suburb neighbouring Wilton and Model Farm Road and is an established sought after location.
The property is located on the south side of Model Farm Road at its western end just east of its intersection with Rossa Avenue approximately 4km south west of Cork city centre and 8km north west of Cork Airport with convenient access to the South Ring Road network. The property is situated opposite
The property is located on the south side of Model Farm Road at its western end just east of its intersection with Rossa Avenue approximately 4km south west of Cork city centre and 8km north west of Cork Airport with convenient access to the South Ring Road network. The property is situated opposite the IDA Cork Business & Technology Park with occupiers including Boston Scientific, Trend Micro, Abtran and Pilz Ireland. Other neighbouring occupiers in the vicinity include Munster Technical University, Fas Training Centre and Model Business Park. There are also a number of mature residential housing estates in the vicinity. Bishopstown is a high density suburb neighbouring Wilton and Model Farm Road and is an established sought after location.
Building 1
Bishopstown House is let to PMD Device Solutions Ltd on a 10 year lease from February 26th, 2016 at a current rent of €60,000 per annum exclusive. A Deed of Renunciation has been executed by the tenant. PMD Solutions is a medical device company developing novel CE marked respiratory diagnostic wearables for the hospital and home market.
Building 2
Vacant possession is available.
The property is situated within an area zoned “residential, local services and institutional uses” in the Cork City Development Plan 2015-2021.
The site adjoining Building 2 had planning permission for the development of a building of a similar size to Building 2, this planning permission is now expired. Bishopstown House is listed as a protected structure “PS948” in the Cork City Development Plan.
All main services are available to the property.
Freehold
Available on request.
JW O’Donovan Solicitors, 53 South Mall, Cork. Contact: John Sheehan
Strictly by appointment through sole selling agents Lisney.
Accommodation
BUILDING 1
Bishopstown House comprises a two storey building laid out with a number of offices on both ground and first floor level served off an entrance lobby and reception area on the ground floor with ladies and gents toilets and separate disabled cloakroom facilities at ground floor level.
BUILDING 2
Comprising a two storey detached purpose built office building with reception/waiting area, two meeting rooms, two open plan office areas, private office, staff canteen and ladies and gents cloakrooms at ground floor level and open plan office on the first floor.
Building 1
| Floor | Sq M | Sq Ft |
| Ground | 154 | 1658 |
| First | 135 | 1453 |
| Approx. Total | 289 | 3111 |
Building 2
| Floor | Sqm | Sq Ft |
| Ground | 201 | 2161 |
| First | 227 | 2447 |
| Approx. Total | 428 | 4608 |
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Services
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