CITY CENTRE RETAIL INVESTMENTPRIME RETAIL INVESTMENT

For Sale

CITY CENTRE RETAIL INVESTMENT

Property Address:

Property ID: 23

A-Wear, 111-112 St Patrick's Street, Cork, Ireland, Ireland

Description:

St Patrick's Street is Cork's premier retail thoroughfare and the property occupies a prime trading location on the north side of the street. Cork City is Ireland's second city and the commercial and administration capital of the South West. A-Wear is a highly profitable retail business with a turnover of EUR80.4 million in 2007. The company trades from 27 locations in Ireland and is recognised as a prime retail occupier.

Features

Specifications

New 20 year 3 month lease incorporating 5 yearly upwards only rent reviews
Rental income EUR880,000 per annum
Prime stand alone retail property
First class fashion retailer in A-Wear
Total Net Area 939.39 sqm
Seeking EUR19.5 million to show a net initial yield of 4%

For further details contact:

  • Michele McGarry
  • Dublin Office
  • +353 163 3758
  • +087 205 0515
  • Declan Stone
  • Dublin Office
  • +353 163 3732
  • +087 258 3015

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