Dublin,
04
April
2017
|
15:37
Europe/Dublin

Former Mallow Service Station, Limerick Road, Mallow, Co. Cork.

Dublin, 04 April 2017 – CBRE has been instructed to offer a 0.42 hectare (1.03 acre) former petrol filling station site situated on the Limerick Road, Mallow, Co. Cork to the open market by way of Private Treaty.

The subject property extends to a total site area of approximately 0.42 hectares (1.03 acres) and benefits from excellent frontage of approximately 80m onto the N20. The cleared site previously traded as a petrol filling station however a similar use may complement the existing commercial mix which runs along the busy N20.

The property located on the main Cork to Limerick route is situated in close proximity to employment hubs such as the Dairygold factory while the lands are strategically positioned on this transportation corridor to benefit from the high levels of passing vehicular traffic. Adjoining occupiers include Mallow Motor Factors, Advance Pitstop, Kearys Lexus and Supermacs.

CBRE are quoting a guide price of €600,000 for the entire site which may accommodate a host of commercial uses (SPP).

Peter Garrigan, Associate Director, Development Land
With the continued growth of satellite towns surrounding Cork city we anticipate strong demand from a variety of commercial operators including petrol filling stations, car showrooms and bulky goods retailers. We have seen continued to witness demand for strategically positioned commercial opportunities in established residential commuter towns.
Peter Garrigan, Associate Director, Development Land

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

In Ireland, with offices in Dublin and Belfast, CBRE is the country’s largest commercial real estate services company, now employing over 165 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, debt advisory, project management, consultancy, business rates and compulsory purchase, valuations and research. Please visit our website at www.cbre.ie or www.cbre.ie/ni.