Unit 25, Ballincollig Shopping Centre, Ballincollig, Co Cork

Location

The property occupies an external unit in Ballincollig Shopping Centre, Co Cork. Ballincollig is situated approximately 8.5km west of Cork City Centre and forms part of Ballincollig Town Centre. Ballincollig is situated just off the N22 which links Cork City to the east and Tralee to the west. Ballincollig Shopping Centre is anchored by Dunnes Stores. Ballincollig is a popular residential location with a vibrant and busy town core.

Description

The subject property comprises a ground floor retail unit which extends to approximately 216 sq m (c. 2,325 sq ft).  The unit which is regular in shape would suit a variety of uses, subject to the necessary planning permissions.  The unit also benefits from a substantial fit-out.  The Shopping Centre is the focus of most commercial activity in the town.  There is excellent car parking with the centre.

Lease

The property is held under the terms of a 25 year FRI lease from 1st October 2005, subject to 5 yearly rent reviews. There is a tenant break option in the fifteenth year, subject to 9 months prior written notice.

Accommodation

The approximate net internal floor areas are as follows:

The above areas are subject to a final joint measurement.

Rent

€90,000 per annum

Rates

We understand that the annual rates (2010) for the property will be €10,223.

Service Charge

€5,210.68 pa (incl.€664 for structural & utility)