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Lot 17
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3 October 2012 Auction
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| Reserve Price Not to Exceed | €480,000 | | Result | €485,000 |
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CorkPaddy The Farmers Public House
Co. Cork
A Freehold Public House with Off Licence with a Full Seven Day Publican's Licence and Nine Residential Apartments aboveOn the instructions of the receiver, barry donohue, kpmgRESERVE NOT TO EXCEED €480,000 TenureFreehold.LocationThe property is situated on the junction of the Old Blackrock Road and the Blackrock Road in Cork City. The property is approximately 2 km east of Cork city centre. The property is set within a largely residential area with a number of surrounding amenities such as the South Infirmary, St John's College, University College Cork and on the corner of the main road to Douglas. Cork is on the south-east coast of Ireland approximately 259 km south of Dublin.DescriptionThe property comprises an end of terrace corner building arranged over ground and two upper floors beneath a pitched roof. Internally the building is arranged to provide a ground floor public house with off licence and nine residential units above. The contents are not included in the sale.LicenceThe property holds a Seven Day Publican's Licence.Accommodation and TenanciesThe property was not internally inspected or measured by Allsop Space. The following information was provided by the Receiver.
We understand the property provides:
Public House and Off Licence - 209 sq m (2,253 sq ft)
Residential: Nine Apartments - 452 sq m (4,866 sq ft)
Total - 661 sq m (7,120 sq ft)To ViewThis property is available for viewing every Monday starting Monday 17th September between 12 noon - 1.00 p.m.Seller's SolicitorMessrs Ronan Daly Jermyn
(Ref: Ms M Ring).
Tel: +353 (0)21 480 2700.
To request a legal pack, please refer to www.allsopspace.ieCurrent Rent Reserved €38,040 per annum with Vacant Possession of the Public House, Off Licence & Three Apartments
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