South Square, Macroom, Co. Cork, P12 PH96
South Square, Macroom Urban, Municipal District of Macroom, County Cork, Munster, P12 PP66, Ireland
Sold €380,000 - Commercial Premises with 2 overhead apartments
195 Sq. M. 2 Bedrooms 3 Bathrooms

FIRST CLASS INVESTMENT OPPORTUNITY
“TENANT NOT AFFECTED”

Excellent opportunity to purchase a quality property with Blue Chip Sitting tenant along with the opportunity to achieve a further massive increase in rental income from the 2 overhead fully fitted and ready to go apartments.

There is an existing lease to Boyle Sports for the ground floor retail outlet amounting to €28,000 per annum for a remaining 12 years which is a really excellent covenant.

The two overhead apartments will provide a combined income of €18,000 per annum thereby delivering a total rental income of €46,000 per annum.

Macroom Town is rapidly improving as a destination of choice from both a business and residential point of view and this property is right in the centre of the town and is a top-class investment for shrewd investor.

COMMERCIAL UNIT, c. 101 m2:
Open plan unit; currently fitted out with reception desk; office, and w.c.

COMMERCIAL BER:
BER B3, No. 800924987

Apartment 1, First floor, c.43m2:
Hallway:
Carpet; prepay power keypad; intercom; coat hooks.

Living Room:
Carpet; radiator; 2 windows overlooking Macroom Town; curtains.

Kitchen:
Tiled floor; fitted country style kitchen units; tiled backsplash; oven; hob; fridge; extractor; washing machine; shelved utility cupboard; window to rear; curtains.

Bedroom to front:
Carpet; radiator; window; bed; side lockers; wardrobes.

Bathroom, to rear:
Tiled floor; part tiled walls; stand in electric shower; w.c.; wash hand basin; shelved area; frosted window.

BER D1, No. 116574823

Apartment 2, top floor, c.51 m2:

Hallway:
Carpet; radiator; intercom; prepay power keypad.

Living Room:
Carpet; radiator; 2 windows overlooking Macroom Town; curtains.

Kitchen:
Tiled floor; fitted country style kitchen units; tiled backsplash; oven; hob; fridge; extractor; washing machine; shelved utility cupboard; window to rear; curtains.

Bedroom to front:
Carpet; radiator; window; bed; side lockers; wardrobes.

Bathroom:
Fully tiled; stand in electric shower; w.c. and wash hand basin; frosted window.

BER E2, No. 116574831

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