BUSINESS or private?
That’s the battle facing new owners of the period Montenotte Cork City period property called Trafalgar House.
The 1820s-built house has been a corporate home in recent years to financial services group Merrion Capital, headquartered in Dublin and who’ve relocated their Cork offices to Tellenganna Lodge on the suburban Blackrock Road.
As a result, the private investor owner of the 4,000 sq ft two-storey building on c 0.6 acre has put it up for sale with agents Lisney.
It’s guided at €650,000 by Lisney director Margaret Kelleher who says she expects the buying interest to be commercial as “it’s perfect as a corporate HQ type of office, with parking for up to 15 cars in the grounds.”
In recent months, agent Trish Stokes of Lisney has sold two other elegant Cork period properties which had been in commercial use, and now need upgrading (see pics, far right).
North Mall House at Nos 1&2 North Mall and sold for Cork County Council, had been used as offices for the county fire service. It had over 5,000 sq ft, south-facing over the River Lee and secure parking to the rear, plus a modern annex. It sold for €425,000 to a city buyer with local business interests, and is expected to revert to quality residential use after a major refurb.
The former base of Dunlops Social Club, Drumcora House, with 6,700 sq ft (inc large annex) on a quarter acre on the Blackrock Road has also been sold by Ms Stokes.
In need of sizeable renewal Drumcora, with its slate-hung double bays sold for €325,000 to a city-based professional, and new use may be medical/commercial, or residential, it is understood.
In better order than either or both of those two is Trafalgar House, ready for business occupation, or possibly residential conversion.
Set between the former Arbutus House hotel site, and the Montenotte Hotel a kilometre north east of the city centre beyond St Luke’s Cross, it’s south-facing, and set just below the Middle Glanmire Road on private grounds, sharing access with one other dwelling.
It is a detached two-bay, two-storey over lower ground floor building, dating to 1820, and added to in 1890 (its porch) and a conservatory was added around 1950, with views down to River Lee, Cork docklands and eastern approaches to the city. It is in very good order.
Guide price for Trafalgar House is €650,000, or it may be leased for c €55,000 pa, exclusive.
* Details: Lisney 021-4275079.
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