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Prime €1.85m Cork Harbour development site hits market
Prime €1.85m Cork Harbour development site hits market

Irish Examiner

time2 days ago

  • Business
  • Irish Examiner

Prime €1.85m Cork Harbour development site hits market

A standout development site overlooking Cork Harbour, with flexible zoning and excellent transport links, is on the market in Ringaskiddy for €1.85m. Known as Paddy's Point, the 2.73ha (6.74a) waterfront site, formerly part of the Irish Steel portfolio, will have instant access to the new M28 motorway and is served by public transport. Pharma and biotech are among the likely interest parties in this €1.85m harbourside site at Paddy's Point, Ringaskiddy. Zoning under the county development plan permits offices, educational facilities, and research and development, ideally suited to nearby established operators seeking to expand within this major hub for pharmaceutical and biotechnology industries. The site could also appeal to the MTU's Ringaskiddy-based National Maritime College of Ireland for expanded marine-related training, education, and innovation. Lisney's Gerard O'Callaghan says it's a 'spectacular site, with 270-degree views of Cork Harbour, and would make a magnificent office location'. 'What I would be saying to any big entities in Ringaskiddy considering investing in offices or R&D, is that this is a far better option than building on a greenfield campus down the road. 'I believe it would be hard to find the combination of this spectacular and idyllic setting, location, zoning, and infrastructure anywhere else in Ireland.' Mr O'Callaghan added that it had high potential for value growth as Cork's economic zone expands. 'This should encourage investment in the site. Any finished development would certainly be more valuable than a like-for-like development undertaken on a greenfield site, or adjoining a manufacturing campus elsewhere.' The site, which includes some foreshore, is comprised of 2ha of building land, with a 240 sq m storage shed and a secure hardstand compound. It's just 800m from the under-construction M28 motorway, and the 223 bus route terminus is across the road. Mr O'Callaghan said by the time new offices were built at Paddy's Point, the M28 should be completed as its due date is 2028. The new motorway is of critical importance to Ringaskiddy, which handles much of the region's freight as Cork Harbour's main deep-water port. 'I believe it offers a superb opportunity for an office development and will likely appeal to local multinationals and port-related companies,' Mr O'Callaghan said. The site was previously used by Irish Steel as a holding depot and was separated from the main campus (now an amenity park) by a bridge. Following Irish Steel's closure in 2001, it was sold to a local civil engineering contracting business and used for general storage and for accommodating plant. DETAILS: gocallaghan@ 9214275079.

Cheese wheels keep on turning as Iago Food Company goes up for sale for €200k
Cheese wheels keep on turning as Iago Food Company goes up for sale for €200k

Irish Examiner

time04-06-2025

  • Business
  • Irish Examiner

Cheese wheels keep on turning as Iago Food Company goes up for sale for €200k

FOODIES' favourite, Iago Food Company, is up for sale for €200,000 after operating for more than 30 years as a family business. Renowned for its artisanal cheeses, cured meats, fresh pasta, and local and Mediterranean delicacies, the business has been put on the market by one of its founders, Seán Calder Potts, who is planning to retire. Located at No 9 Princes St, it started out in Cork city's historic English Market as a sandwich bar, before evolving into a specialty food stall. It relocated to nearby Princes St in 2013, allowing it to expand its offerings. Gerard O'Callaghan of Lisney, who is handling the sale of the company, describes it as 'a great business, with a large following, fair to describe it as one of Cork's food heroes'. Mr O'Callaghan anticipates a seamless transition, once a deal is in place. Separately Italian food specialist Delitaly on Marlboro Street has been sold by Lisney to new owners Alessio Diana and Georgia Pizzeghella, who took over the deli this week. The duo relocated from Verona in Italy to buy the business having spotted it for sale on the internet. Delitaly Delitaly is part of a larger enterprise, The Boots Specialities, which is based in Forge Hill, Cork. The enterprise is a specialist Italian food product importer and distributer, founded by husband and wife team Pasquale de Vivo and Francesca Mastrolorenzo, over 20 years ago. Delitaly was set up approximately 15 years ago as a retail shop operated by Francesca. DETAILS Iago: gocallaghan@ T: 0214275079.

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