Offers Invited
1 Lapps Quay & 16 Parnell Place, Cork
Landmark city centre building Approx. 707 sqm (7,610 sqft)
www.lisney.com • 021- 427 5079
Location The property is situated in Cork city centre in a high profile position on the corner of Lapps Quay and Parnell Place and overlooking the River Lee. The property is situated in Cork’s central business district, immediately adjacent to South Mall and City Quarter with neighbouring occupiers including the Clarion Hotel, KBC, Deloitte and EY. The property is opposite City Hall and close to One Albert Quay with occupiers including TYCO, Arup, PWC and Investec. Patrick Street and the main retail area of the city is just a short walk away. In terms of public transport accessibility the city’s central bus station is just around the corner, the railway station is close by and the city’s public bike scheme and Park and Ride bus stop is adjacent to the building.
Description 1 Lapps Quay is an important part of Cork’s architectural heritage. Constructed in 1839, following an architectural competition won by the famous architect Kearns Deane, the building was constructed for the Cork Savings Bank, an institution established in 1817. The feature façade, was built with limestone from the Ballinlough quarries, and initial constructions costs are recorded at £11,000. The property operated as a bank from its opening in 1841 until 2012. Internally, the building comprises a magnificent 3 storey high banking hall, together with offices and a large boardroom, while the interconnecting three storey building at 16 Parnell Place, provides a further three storeys of office accommodation. The building retains its original grandeur, with spectacular features throughout, including its unique ceiling, doorways, staircase and imposing boardroom.
Accommodation (Net Internal Areas) Floor
Description
Sqm
Sqft
Ground
Banking Hall / Offices / Storage
389
4,187
First
Boardroom / Offices
194
2,088
Second
Offices / Storage
124
1,335
Total Floor Area
707
7,610
Opportunity Detailed concept designs have been developed regarding a two storey extension to the rear of the building which will potentially improve the functionality of the building without detracting from its protected fabric.
Proposed Strategy - Sketch Design
Existing Structures - Functional Analysis
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Title Long Leasehold. 9
Solicitor
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Deborah G. Hegarty, B.C.L., Dip. EU. LAW.
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Law Agent, Cork City Council
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8 10
Viewing
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3
11
1
For further information please contact: Margaret Kelleher Tel: 021-427 5079 Email:
[email protected]
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5
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Mark Kennedy Tel: 021-427 5079 Email:
[email protected] Lisney 1 South Mall, Cork Tel: 021-427 5079 Subject Property 1 One Albert Quay 2 City Quarter
3 5 & 6 Lapps Quay 4 Clarion Hotel 5 City Hall
6 Imperial Hotel 7 Opera Lane 8 Brown Thomas
9 Apple 10 The Capitol 11 The English Market
1 2 Merchants Quay 13 Convention Centre 14 Kent Station
Disclaimer Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation nor for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant. 4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848
www.lisney.com • 021- 427 5079
