RS-WS1
Back To Top
For Sale

Cork Road,

Midleton, Co. Cork, P25KX78
Guide price
€1,900,000
Investment Property

Property Overview

The property comprises a petrol filling station & convenience shop with forecourt and external canopy, car showroom, workshop and vehicle display yard. The property is situated on a high profile site extending to approx. 0.34 hectares (0.85 acres). The property has dual road frontage onto Cork Road along its southern boundary and the Northern Relief Road along its western boundary.

The petrol filling station comprises a canopied forecourt, convenience store and car wash. It is leased to Valero Energy (Ireland) Limited on a 20 year lease from 1st July 2009. The rent is €82,500 per annum.

 The motor dealership which comprises a car showroom extending to approx. 238.2 sqm (2,564 sq ft), workshop extending to approx. 191.39 sqm (2,060 sq ft) , parts & office building extending to approx. 129.72 sqm (1,396 sq ft) and vehicle display yard is leased to Keary Motors Limited on a two year lease from 1st July 2023 at a rent of €73,000 per annum.

The property comprises a petrol filling station & convenience shop with forecourt and external canopy, car showroom, workshop and vehicle display yard. The property is situated on a high profile site extending to approx. 0.34 hectares (0.85 acres). The property has dual road frontage onto Cork Road

  • Prominent location just off the N25 Cork to Waterford Road
  • High Profile Site extending to approx. 0.34 hectares (0.85 acres)
  • Dual Frontage onto Cork Road & Northern Relief Road
  • Rental income €155,500 per annum
  • Tenants Not Affected

Accommodation

Tenancy Schedule

DescriptionTenantLease StartRent ReviewLease ExpiryRent Per Annum
Petrol Filling Station & Convenience ShopValero Energy (Ireland) Limited1st July 20091st July 202730th June 2029€82,500
Showroom, Workshop & Vehicle Display YardKeary Motors Limited1st July 2023N/A30th June 2025€73,000
€155,500

Meet our Experts

Loading...
RS-WS1