8.74 Acre Site , Former Grain Stores , Ballinacurra , Cork

Asking Price: €875,000

Property Location

Midleton is a market town in south east Cork. It is adjacent to, and on the north side of the N25 which links Cork to the port of Rosslare. Being just 16km to the east of Cork City, it acts as a satellite town and forms part of metropolitan Cork. It is the central hub of business for the East Cork Area with strong employment base to include the Jameson Distillery. The 2016 Census of Ireland records its population at 12,496. Midleton railway station is on the Cork Suburban Rail network and is one of two termini (the other being Cobh) into and out of Cork Kent railway station. Bus Eireann also run a number of routes serving the town with destinations to include Ballycotton, Whitegate, Cork City, Waterford, Ballinacurra and Carrigtwohill.

Property Description

The subject property is located circa 2km South of Midleton town centre on the west side of R629 and the south side of Rose Lane. This is now an established residential location with a number of new developments in the surrounding area.

Property Specification

Features: Heritage buildings and land holding Excellent development opportunity Former mill and 4 houses on 3.54 Ha (8.74 acres) Vacant possession of entire Suitable for a variety of uses (subject to necessary consents)

Annual Rent

We understand that one of the residential properties is subject to a tenancy at a current rent of €4,800 per annum.

Property Size/Area

The property comprises six buildings on a land holding extending to approximately 3.54 hectares (8.74 acres). The buildings include a disused mill arranged over ground and five upper floors to provide grain stores and ancillary accommodation, four residential houses and one office building.

Zoning

The subject property is zoned as a Regeneration Area in the Cobh Municipal District Local Area Plan 21st August 2017.

Title

Freehold

VAT

Please refer to Agent

BER Number

109270793

Energy Performance Indicator

556.49

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