COMMERCIAL PROPERTY

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

Motor dealer’s drive is on after finding perfect location

PEOPLE looking for a new car quickly get used to calling to lots of garage forecourts.

More

A new-bourne identity for Cork’s Woodford bar?

IS THERE a market yet for a pub sale in Cork city, significantly over the €1m mark? A bar in an historic building, long associated with wine and spirits company Woodford Bourne, aims to find out, as the Woodford Bar comes to market seeking a new Bourne identity.

More

View former TV shop ‘on’ Cork City’s pretty Parliament Bridge

The former Maddens TV shop, at no 5, Parliament St, is to let in Cork City

More

Hospice’s change of use to college is not planning exempt

The change of use of the former Marymount Hospice building at St Patrick’s Hospital on Cork’s northside, to a third-level college, is not exempt from planning requirements, An Bord Pleanála has decided.

More

Too few houses being built, says CIF in Cork, so a shortage is inevitable

Cork city and county are crying out for new houses and major infrastructural projects, so as to head off shortages in future, say senior figures in the region’s construction industry.

More

Ownership of property in Ireland still ‘going overseas’

Ownership of Irish property will continue to go overseas in 2015, according to estate agents, DTZ, who this week hosted regional briefings in Cork and Limerick.

More

Cold-storage warehouse to heat up the Cork market

A business and property briefing this week, by DTZ Sherry FitzGerald, Cork, billed the industrial sector as “the weakest link, with speculative development unlikely for the next few years.”

More

Kinsale’s Carlton House: Developed at a cost of €35m, for sale at €4.25m

Kinsale’s Carlton House hotel, developed by Gable Holdings in 2006 on a wooded 90 acre site overlooking Cork's scenic Oysterhaven Bay at a then-reported cost of €35m, is now for sale with Savills, for receivers, guiding €4.25 million.

More

Cork’s Quay leads to the kingdom

heritage building on Cork city’s elegant North Mall which sold at auction to a co-operative housing group in 2008 for €1.36 million is back on the market, now guiding €425,000, after some further building conservation and conservation roofing work.

More

Six-floor Bon Secours hospital plan approved

The major extension proposed for the Bon Secours Hospital, in Cork City, has been approved by An Bord Pleanála.

More

20 acres of zoned land in Glanmire for €1m

While white smoke is still awaited on just who has been the victorious bidder on a valuable Cork city six-acre suburban housing site at Cleve Hill, Blackrock Road, agents DTZ bring a larger, but lower profile, housing site to market.

More

Lovetts’ restaurant serves appetite for top temples in Cork

The sale has closed on the former Lovetts’ restaurant in Cork’s suburbs, for 20% over its guide. 

More