Aldi Castle Square, Carrigtwohill, Co. Cork


Overview

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GUIDE PRICE:


AgentCearbhall Behan
Mobile 087 419 9881
Prop ID C3163

Location:

The unit forms part of the Castle Square development which is a mixed use scheme. The unit is located on the main street to the west of Carrigtwohill town centre. Carrigtwohill is a large commuter town situated midway between Cork City and Midleton in East Cork. The town is serviced by excellent road (N25 Cork to Rosslare Euro Route) and rail services (Cork to Midleton commuter line). Major employers in the area include Merck Millipore, Stryker and GE Healthcare, while the major employment hub of Little Island is located 4km to the west.

 

Description:

The property comprises a ground floor discount retail store extending to c. 17,046 sq ft within a larger multi-storey building within the Castle Square development. The overalldevelopment comprises a Primary Health Care Centre, GP’s Surgery, Pharmacy and Café. The building is of steel portal frame with concrete reinforced floor slab. External elevations
are a combination of glazing and cladding. The large housing development of Castlelake is located adjacent to the property

Grade-A covenant occupied by ALDI Stores (Ireland) Ltd. 25 year lease from January 2008 14 years unexpired Current rent €451,957 per annum Extending to 17,046 sq ft

Map

Accommodation: Open plan retail supermarket, incorporating stores c. 17,046 sq ft / c. 1,584 m sqLease Term: 25 years from 12th January 2008 (14 years unexpired).Lessee: Aldi Store (Ireland) Limited.Current Rent: €451,719 pa exclusive of all other out goings.
Term: Full Repairing & Insuring TermTile: long leasehold interest (500 years)Price: on applicationSolicitor: Mr. Cathal O' Sullivan, Whelan Solicitors, Grattan Court, Washington Street West, Cork CityViewings:Strictly by appointment with sole selling agents
Disclaimer: The particulars issued by Behan Irwin & Gosling are on the basis that (i) all negotiations are conducted through their office (ii) The details contained herein are set out as general guidelines only and any intending lessee or purchaser should not rely on them as statements of fact and should satisfy themselves as to their correctness (iii) Maps and floor plans are not to scale and are for guidance only (iv) Neither Behan Irwin & Gosling nor any of its employees have any authority to make or give representations or warranty (express or implied) in relation to the property (v) All indicative prices quoted are exclusive of VAT