Cohalan Downing



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For Sale

For Sale

Guide Price: 260,000

Unit 4, Waterside, Ashe Quay, Fermoy, Co. Cork, P61HK25


High quality, Ground Floor Restaurant & Takeaway premises in a superb location with car parking
Approx. 1,200 sq ft (111.5 sq m) with 2 designated parking spaces (Nos 12 & 13)

Neighbouring occupiers include; Quirke Solicitors, Fermoy Youth Centre, Raj Indian Cuisine, Sherry FitzGerald O'¬TMonovan and The Grand Hotel.

Let to Mengling Yan t/a China Dragon on a 25 Year lease from the 28th July 2008 with a current passing rent of '¬25,800 pa.

Upward Only Rent Review provision and a remaining term certain of 8 years approx. (July 2033)

LOCATION/ DESCRIPTION
The property comprises a ground floor Restaurant/ Takeaway premises which forms part of a larger mixed commercial / residential development known as Waterside.

The unit occupies a profile corner position and extends to approximately 1,200 sq.ft (111.5sq.m) and benefits from an enclosed side courtyard area and 2 designated car parking spaces (12 & 13).

The unit itself is very well appointed and currently trades under a long term lease as China Dragon (Tenant Not Affected by the sale) paying a rent of '¬25,800 per annum.

Accommodation includes a spacious customer dining area with a fully equipped commercial kitchen and ancillary services such as staff and customer toilets.

The unit is fitted with air-conditioning and a fire alarm system

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Contact Agent




Contact Cohalan Downing on +353 21427 7717