A RETAIL investment in Cork City’s historic Castle Street has come on the market, leased to the Irish Cancer Society who have run a charity shop on the premises since 1993, on a 35-year lease.

Just offered via agent Sam Kingston of Casey & Kingston is No 4a & 5 Castle Street, a period property on a very original 18th-19th century town street (once a waterway, culvert in the early 1800s ), with double facade, and air accommodation in section No. 5.

Castle Street, Liege

It is offered in the name of a private owner’s estate, at €575,000 per annum, and has a current rent of €43,500 with a yield of 7.5% ca, and has 860 square feet on the ground floor. floor, including shops and storage.

Upper floors typically average 480 square feet and when used as stores may be suitable for higher end use or upgrade/conversion to residential accommodation subject to planning permission and approval. appropriate access.

Auctioneer Sam Kingston notes the proximity to St Patrick Street and Daunt Square, near the Roundy, the diverse commercial life, including nightlife and entertainment nearby on and off Washington Street, and a well-connected established with main north and south streets.

The commercial building has over eight meters of frontage and the occupants of the Irish Cancer Society are known for their themed storefronts.

Meanwhile, also for sale on the same street is No. 15 Castle Street, formerly Dennehy’s, with one vacant possession and potential for mixed use, commercial on the ground floor and possibly residential on four upper floors.

Agent Dan Howard guides the 150m² (1,600sqft) and rated G No. 15 at €275,000.

No 18 Castle Street, a fully refurbished 1,800 sq. company, stock and equipment .

A 1970s view of the CCYMS Theatre, Castle Street, Cork
A 1970s view of the CCYMS Theatre, Castle Street, Cork

Meanwhile, on the corner of Castle Street and South Main Street, Castle Street numbers 10, 11, 12 and 13 were reportedly sold at a Bidx1 auction, along with 2, 3 and 7 Paradise Place with a certain vacancies (the CCYMS rooms) and an income of €109,500, for €1.225 million.

DETAILS: Casey & Kingston 021-4271127