About

DESCRIPTION

BARRY AUCTIONEERS & VALUERS are delighted to offer this prime investment office to the market. The property is located on the first floor of Heron House, a well-established centre, just off the N20 Cork-Mallow-Limerick roadway.

The complex is situated in the thriving Blackpool Retail Park, and has ample parking for both visitors and staff. All professional business types/users are at hand including banking, accounting, legal, and all other services. The premises on offer are all secure, very well maintained, and in excellent condition throughout.

The property is fully occupied under various leases and existing tenants include:

Southern Drug – 4200 sq. ft €50,400 + VAT per annum. Lease expires January 2031.

Cork City Partnership – 4000 sq. ft – €62000 + VAT per annum. Lease expires May 2029.

Atlantia Clinical Trials- 3000 sq. ft €40500 + VAT per annum . Lease expires August 2027.

Total Rent €152,900 + VAT per annum.

7.84% Yield.

BER DETAILS

C3 Ref 800907479
D1 Ref 800906463
D2 Ref 800906505