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Lot 63
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15th April 2011 Auction
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| Reserve Price Not to Exceed | €205,000 | | Result | €365,000 |
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CastletownbereThe Medical Hall/Cross Pharmacy
Main Street
Co. Cork
A Freehold Mid Terrace Building arranged to provide a Ground Floor Retail Unit together with a Self-Contained First Floor Apartment subject to a Commercial LeaseReserve not to exceed €205,000on the instructions of paul mccann receiver, grant thornton TenureFreehold.LocationThe property is located in the coastal town of Castletownbere, located within the Bantry Bay Peninsula in West Cork. The property is situated in the town centre on the corner of The Square and Main Street. Castletownbere is approximately 125 km west of Cork City and 81 km from Killarney.DescriptionThe property comprises a mid terrace building arranged over ground and first floor beneath a pitched roof. The ground floor pharmacy has own door access and the retail area extends to approximately 63.72 sq m (1,009 sq ft). The property has a side access door leading to a footpath and rear garden. There is a self-contained first floor apartment. AccommodationThe property was not internally inspected or measured by the Auctioneers. The information set out opposite was provided by the Vendor.A Schedule of Accommodation is available to download please click here TenancyThe property is subject to a Commercial Lease in favour of Cross Pharmacy for a term of 35 years from 2006 at a current rent of €47,500 per annum. Rent Review every 5 years.To ViewPlease Call Allsop Space to arrange viewing 01 6762033 (Ref: JF)
A Schedule of Viewings is available to download please click here Seller's SolicitorMatheson Ormsby Prentice.
Paddy Sweetman
Tel: +353 (0)1 232 2000.
Fax: +353 (0)1 232 3333
Email: patrick.sweetman@mop.ie Current Rent Reserved €47,500 per annum
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