Cork city office and retail building at €795,000 offers 7.95% initial yield

Published date23 November 2022
Publication titleIrish Times (Dublin, Ireland)
Number 80-81 Oliver Plunkett Street is producing annual rental income of €69,500, offering the prospective purchaser the opportunity to secure a net initial yield of 7.95 per cent with significant reversionary potential

The subject property occupies a high-profile location at the junction of Princess Street and Oliver Plunkett Street, and is situated adjacent to the city's renowned English Market.

Neighbouring occupiers include The Body Shop, JoJoMaman Bebe, Love Lisa, Monas Antiques and The Wine Buff. The southern part of Princess Street is now fully pedestrianised, with outdoor seating/dining areas provided by restaurants on the street.

The building comprises a landmark four-storey...

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