Unit 7, Moremiles Centre, Redforge Road, Blackpool, Co. Cork
INVESTMENT OPPORTUNITY (TENANTS UNAFFECTED)
- A modern, high profile retail / office unit adjacent to Blackpool Shopping Centre & Retail Park.
- The property extends to approximately 610 sq. ft. in total and is currently fitted out to an exceptionally high standard throughout.
- Blackpool is traditionally the main commercial centre on the northside of Cork city. Occupiers in the immediate vicinity of the subject property include Dunnes Stores,Permanent TSB, Boylesports, Dominos Pizza and 3 Degrees Hair Design.
- Fully tenanted investment opportunity currently let trading as Blackpool Travel under a 4 Year & 11 month Lease from May 2014 at a current rent of 13,898 per annum exclusive.
- Moremiles Centre is approximately 2 kms north of Cork City Centre on Redforge Road, just off the N20 Cork - Limerick Road. Blackpool Shopping Centre & Retail Park is immediately adjacent to the property and is anchored by Dunnes Stores and other major occupiers including Heatons, Next, Aldi, Woodies, McDonalds, Sam MacCauley Pharmacy, etc.
- The property comprises a ground floor commercial unit with a large return display window frontage. Internally, the unit is fitted to suit office/ retail use and also contains a small toilet & kitchenette area.
- The property is finished to the highest standards throughout with tiled floors, suspended ceilings, recessed light, CCTV, security alarm & air-conditioning.
- Property is currently let to McCarthy's Travel Agency Ltd t/a Blackpool Travel for a term of 4 Years & 11 Months from May 2014. Tenant has an option to renew for a further period of 4 Years & 11 Months, subject to conditions.
- Current rent passing is 13,898 per annum exclusive.