COMMERCIAL PROPERTY

Munster auction has 20 properties

There are 20 lots due under the auction hammer Thursday next, May 7, in the latest IAMSOLD/Munster Property Auction.

More

Former Blacktie shop will suit investor on main Cork city street

WITH a pick-up in fortunes at the northern end of Cork City’s retail thoroughfare, Patrick Street, a new sales push and a new agent are behind the vacant corner property at No 125 Patrick Street/Lavitts Quay, by St Patrick’s Bridge.

More

Bank sales on the money

A LIMERICK City bank building, on O’Connell Street and Bedford Row, is being sold for as much as €10m — a recent Munster-bank investment sale price record.

More

Killarney’s ‘halo’ effect

A SUPER-STRONG land sale result in the heart of Killarney by the National Park at Port Road, via private auction, “is very good news for Killarney,” says local agent Tom Spillane, as 6.45 acres of residential development land sold for €2.45 million, for a receiver.

More

Mall gets its mojo back

HIGH vacancy levels on Cork City’s South Mall may finally be reversed, with an overall rise in the economy, and in the demand for professional services and indigenous offices.

More

Kinsale convent scheme reduced to 96 residences

Plans submitted before Christmas have been approved by Cork County Council for a reduced-scale development at a former Kinsale convent.

More

An industrial revolution

OWNER-occupiers are to the fore in inquires about warehouse units priced from €100,0000 to €600,000, according to specialists, Lisney, saying the range of offers at Little Island Cork shows a pick-up in activity.

More

Ballincollig is a banker

STRONG, five-yearly rental increases, with the next hike due in summer, 2016, underpin the attractiveness of a bank building investment, in Cork’s redeveloped Ballincollig Town Centre.

More

Superb residential rental investment opportunity

An investment opportunity with six modern residential properties built 10 years ago is on offer off Spring Lane, in Cork city’s Blackpool employment hub.

More

Economist says government spend must be on capital projects and not on public sector pay

If Government is ramping up spending in the run up to a 2016 election, it should be directed at capital projects, rather than public sector pay.

More

Prime Waterford property deals

TWO prime Waterford City investments worth €13.5m — one next to where Wetherspoons have acquired a 4,000 sq ft city footprint for a new bar — are new to market for a local family of investor/owners.

More

These are the new shops and restaurants coming to Cork city centre

RETAIL activity has strengthened in the past 18 months, and notably now in Cork city centre. Increasing employment is restoring consumer sentiment and driving retail sales, as evidenced by the notable pick-up in occupier demand.

More

All sorts at Allsop auction lots

ELEVEN student apartments developed in a 48-unit scheme on the site of Cork City’s old, famed Arcadia Ballroom, by Kent Railway Station, and with a rental income of €125,0000 per annum, are to go under the auction hammer with Allsop later this month: the former Section 50 units (the tax reliefs have now expired) are priced at €825,000, or less than seven years’ income.

More
Togher.

Planning notes

Cork City Council is awaiting further information from developers of the proposed reworking for residential use of a former bakery site in Togher.

More

Concrete ‘block buying’ in Cork

Two waterfront apartment blocks in Cork’s suburban Rochestown, totalling 50 units, are up for sale in one lot, with a guide price of €6.75 million, or an average of €135,000 each. They come to market at time of proven and competitive demand for multi-let investments.

More

Cork City to open its doors so all can view city's architectural highlights and gems

Following in the footsteps of Dublin and Limerick, and dozens of other cities around the world, Cork is to host an ‘Open House’ weekend of its architectural highlights and gems.

More

Case of delayed cheer at Carraig na bhFéar pub in Cork

It could be a case of delayed gratification for whoever buys the residential licensed premises Carrig House and who wants to get stuck in behind the beer taps — the place is leased for another year.

More

Job growth in construction is ‘building’

The tide is turning quickly — the country again needs building professionals to meet the demands of the uplift in construction.

More

A beginning of the end?

A house building site of 1.8 acres, with full planning for 15 new homes and with 12 of them started, is for sale on behalf of a receiver, guiding at €875,000

More

Safe bet on building for let on Cork’s South Mall

A building on Cork’s South Mall up for let could be a good bet — previous uses have include a stockbrokers on the ground floor and a casino on its upper levels.

More

Redevelopment of Fox and Hounds site gets go-ahead

A redevelopment of the Fox and Hounds site, in the northside Cork City suburb of Ballyvolane, has been approved by Cork County Council.

More

Rise to the challenge in Kilkenny

Following a very recent ‘sale agreed’ on the 19th century seven-bed Tralee area guesthouse Glenduff House, on 6.7 acres for c €500,00 via agents DNG Stack, comes another guest and bar business — with an even longer pedigree.

More

Midleton hotel is reaching ‘four’ a star as investment continues

A €1m investment has boosted business at the Midleton Park Hotel in east Co Cork.

More

Adventures in green building

The University of East Anglia (UEA) in Norwich, England, is home to one of Europe’s largest concentrations of researchers in the fields of environment, health and plant science.

More

Draghi "turning the euro into the lira"

A hotel that found itself ‘underwater’, and which had to be bailed out by foreign money, was an apt spot for economist, David McWilliams, to expound on matters financial.

More

Cork's 19th century Ursuline Convent set for redevelopment

CORK’S 19th century Ursuline Convent is going to be a trophy buy — for whoever gets to buy and finish it out — with a ready market afterward for both sales and rentals.

More

A true cottage industry

Cork’s longest-running food emporium, Cinnamon Cottage, has come up for sale in its 21st year of cooking and trading.

More

Offices for €950,000 in Fermoy not run-of-mill

An office scheme of two inter-linked blocks, totalling 33,000 sq ft on 3.5 acres, has come for sale in the North Cork town of Fermoy.

More

Multinational EMC’s major Cork plant to be extended

Planning approval has been granted for an extension to data-storage multinational EMC’s major plant in Ovens, Co Cork.

More

Former Esso station near CUH hospital on sale for €1.3m

A CORK city suburban site — with a long planning and sales history, as well as one-time high hopes of development — has come up for sale, right next door to the sprawling Cork University Hospital (CUH) campus.

More

Biggest pub sale bar none in Ballincollig

WHAT’S probably the biggest bar complex outside of Cork City centre has come up for sale in boom-town Ballincollig, with a price tag to match.

More

Major development at ESB headquarters appealed

Appeals have been lodged in relation to planning approval for a major mixed development at the ESB headquarters near Dublin City centre.

More

Option for anchor to rein in Innisfallen

THERE’S a chance to add a further €100,000 a year in rent to the existing rent-roll or to further develop/redevelop for a possible main anchor tenant, at Killarney’ s Innisfallen Mall.

More

Two of a kind in Kinsale

TWO big Kinsale offers come to market independently this week for receivers — one being 95 acres of spectacularly-sited land at Pregane, next to where a €200m golf resort development was proposed a decade ago.

More