Casey & Kingston Auctioneers


Lot 5189062, (2) The Old Post Office Pearse Street, Bandon, Co. Cork, P72W580


Available From: Immediately The Old Post House is a two storey corner building. The property is centrally located on the corner connecting Pearse St and St Finbarr's Place. It is adjacent to O Donovan's Off Licence and E Smoke. It is located across from Apache Pizza.

The ground floor of the unit is let to BoylesSports. The ground floor comprises the betting lobby, the betting office, kitchenette, staff w/c and public w/c. The floor is carpeted and there is a suspended ceiling. The 1st floor is accessible via a separate ground floor entrance to the side of the property. The ground floor access connects to a proposed bike store for the unit. The 1st floor is vacant but there is full planning permission in place to convert the 1st floor into 1 one bed apartment and 1 two bed apartments.


The property is let to BoyleSports on a 25 year lease from 2001 at an annual rent €44,441 per annum. The passing rent is approx. €29 psf. tenants are unaffected by the sale

Accommodation

Floor Sqm Sq. Ft
Ground Fl 157 1,690
First Fl 142 1,529
Total 299 3,219

Outgoings: Tenants are responsible for all outgoings

BER: Pending

Title: Freehold



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