Lot 5640268, (2) 17 South Mall & 2 Father Matthew Street, Cork City Centre

Available From: Immediately FOR SALE BY TENDER
4 Storey office building and adjoining vacant premises, 2 Father Matthews Street.
The property is located on the South Mall and Father Matthews Street.
It Comprises 7,520 sq.ft across the 2 buildings with 6,855 sq.ft in 17 South Mall and 665 sq.ft in 2 Father Matthews Street.
Tenders in by 9th May 2024.
Tenants unaffected.

17 South Mall is a mid-terrace older style office accommodation comprising of approx. 6,855 sq.ft. over 4 Storeys and an attic. 2 Father Matthews Street is a vacant 2 Storey office older style space adjoining the rear of 17 South Mall. Both properties are in need of immediate renovations to be brought to modern standards. Tenders in by 9th May 2024. Documents can be received from Helen Cosgrave in OFX solicitors.

Located on the South Mall, the property is conveniently located 5 km from Cork Airport and only 5.8 km from the Jack Lynch Tunnel / South Ring Road, M8 (Dublin Road) and N25 (Rosslare Euro Route). It is located in the heart of Cork City Centre.
There are a number of businesses in the vicinity such as AIB, The Imperial Hotel, Bank of Ireland, Ronan Daly Jermyn, Cantor Fitzgerald, etc.

Tenancy:
2 Father Matthews Street:
Vacant Possession.
17 South Mall:
Ground floor: Vacant possession.
1st Floor: Front office & board room leased on a 10 year term from March 2018 for '¬10,008 p.a. The rear of the 1st floor is vacant.
2nd Floor: Lease of the 2nd September 1987 from Mall Properties Limited to Thomas E. Callaghan for the front offices on the 2nd Floor of 17 South Mall the residue of the term of 200 years from the 29th September 1839 now vested in KMWC Limited under an assignment of the said lease.
3rd Floor: Lease of the 2nd September 1987 Mall Properties Limited to Margaret McCarthy and John McCarthy in respect of the Third Floor of 17 South Mall the residue of the term of 200 years from the 29th September 1839.
Attic: Lease of the 10th October 1993 Margaret McCarthy and John McCarthy and William Mullins in respect of the rear room and attic of 17 South Mall for the term of 25 years from the 1st January 1993 €" now expired.