Unit 4, Waterside, Ashe Quay, Fermoy, Co. Cork
















Unit 4, Waterside, Ashe Quay, Fermoy, Co. Cork
Price
€260,000
Type
Restaurant
Status
For Sale
Size
111 sq. m
BER
Brochure
Description
High quality, Ground Floor Restaurant & Takeaway premises in a superb location with car parking
Approx. 1,200 sq ft (111.5 sq m) with 2 designated parking spaces (Nos 12 & 13)
Neighbouring occupiers include; Quirke Solicitors, Fermoy Youth Centre, Raj Indian Cuisine, Sherry FitzGerald O'TMonovan and The Grand Hotel.
Let to Mengling Yan t/a China Dragon on a 25 Year lease from the 28th July 2008 with a current passing rent of '25,800 pa.
Upward Only Rent Review provision and a remaining term certain of 8 years approx. (July 2033)
LOCATION/ DESCRIPTION
The property comprises a ground floor Restaurant/ Takeaway premises which forms part of a larger mixed commercial / residential development known as Waterside.
The unit occupies a profile corner position and extends to approximately 1,200 sq.ft (111.5sq.m) and benefits from an enclosed side courtyard area and 2 designated car parking spaces (12 & 13).
The unit itself is very well appointed and currently trades under a long term lease as China Dragon (Tenant Not Affected by the sale) paying a rent of '25,800 per annum.
Accommodation includes a spacious customer dining area with a fully equipped commercial kitchen and ancillary services such as staff and customer toilets.
The unit is fitted with air-conditioning and a fire alarm system