Ground Floor, 6 Lapps Quay, Cork City,
Property Overview
- Features
- Location
- Tenant Information
- Title
- Solicitors
The property comprises a ground floor office/ commercial premises, part of a larger six storey office building. It provides high quality accommodation with generous floor to ceiling height, good natural light and it has the benefit of own door access aswell as access from the main entrance lobby in the building. The property has a high quality office fit-out and it is laid out internally with open plan accommodation, four private office/ meeting rooms, conference room, breakout area, store, comms room and two phone booths.
The property comprises a ground floor office/ commercial premises, part of a larger six storey office building. It provides high quality accommodation with generous floor to ceiling height, good natural light and it has the benefit of own door access aswell as access from the main entrance lobby in the
The property comprises a ground floor office/ commercial premises, part of a larger six storey office building. It provides high quality accommodation with generous floor to ceiling height, good natural light and it has the benefit of own door access aswell as access from the main entrance lobby in the building. The property has a high quality office fit-out and it is laid out internally with open plan accommodation, four private office/ meeting rooms, conference room, breakout area, store, comms room and two phone booths.
- INVESTMENT OPPORTUNITY (Tenant Not Affected)
- Ground floor office/ commercial premises
- Approx 343 SqM (3,681 SqFt)
- Tenant : Blancco Technology Group Ireland Ltd
- Current rental income €72,500 rising to €75,000pa in September 2024
- 10 year lease from 14th September 2023
- Rent review to market rent at end of year 5
- Tenant break option at end of year 3 with six months notice and penalty payment of six months rent
The property is centrally situated in Cork city centre at Lapps Quay/ Clontarf Street in the heart of Cork’s central business district. It is situated opposite the 4 star Clayton Hotel and is adjacent to the City Quarter office development. Lapps Quay adjoins South Mall and is within minutes walking distance of the bus and train station. Occupiers in the area include Deloitte, EY, Sherry Fitzgerald, Goodbody, GJ Moloney Solicitors, Roberts Nathan, Crowleys DFK, Fitzgerald Legal & Advisory and Glandore.
Cork which is Ireland’s second largest city has a population of 220,000 in the metropolitan area with just over 540,000 in the county. Cork is the main commercial, retail and education centre in the south of Ireland and it is home to global market leaders in pharmaceutical, healthcare, information and communications technology, biotechnology, professional and international financial services
The property is centrally situated in Cork city centre at Lapps Quay/ Clontarf Street in the heart of Cork’s central business district. It is situated opposite the 4 star Clayton Hotel and is adjacent to the City Quarter office development. Lapps Quay adjoins South Mall and is within minutes walking
The property is centrally situated in Cork city centre at Lapps Quay/ Clontarf Street in the heart of Cork’s central business district. It is situated opposite the 4 star Clayton Hotel and is adjacent to the City Quarter office development. Lapps Quay adjoins South Mall and is within minutes walking distance of the bus and train station. Occupiers in the area include Deloitte, EY, Sherry Fitzgerald, Goodbody, GJ Moloney Solicitors, Roberts Nathan, Crowleys DFK, Fitzgerald Legal & Advisory and Glandore.
Cork which is Ireland’s second largest city has a population of 220,000 in the metropolitan area with just over 540,000 in the county. Cork is the main commercial, retail and education centre in the south of Ireland and it is home to global market leaders in pharmaceutical, healthcare, information and communications technology, biotechnology, professional and international financial services
Blancco Technology Group Ireland Ltd was set up in 2005 and it is owned by Blancco Technology Group Plc who are listed on the London Stock Exchange. Blancco Technology Group provides organisations with secure, compliant and automated solutions that accelerate the transition to the circular economy. Globally approved, recommended and certified by governing and industry bodies around the world, Blancco Technology Group is the industry standard in data erasure and mobile lifecycle solutions. Cork is Blancco’s first centre of operations in Ireland, part of the company’s global footprint across EMEA, North America and APAC.
Long Leasehold
O’Flynn Exhams, 58 South Mall, Cork
Accommodation
Tenancy Schedule
| Floor | Net Floor Area | Tenant | Lease Start | Rent Review | Break Options | Lease Expiry | Annual Rent |
| Ground | 3,681 sq ft | Blancco Technology Group Ireland Ltd (Company No : 405131) | 14th September 2023 | 13th September 2028 | 13th September 2026, six months notice and penalty payment of six months rent 13th September 2029, six months notice | 13th September 2033 | €72,500 in year 1, rising to €75,000pa in year 2 |
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