Kilmoney Stores, Upper Kilmoney Road, Carrigaline, Cork

Michael Pigott Auctioneer & Valuer is delighted to bring to market this gilt-edged business/investment opportunity in Carrigaline, Co. Cork. Kilmoney Stores is a well-established, busy convenience store / mini food market, nestled amidst a cluster of housing estates on the southern side of the village.

Carrigaline sits just outside the city boundary, making it one of Cork’s largest commuter towns. With a population of approximately 20,000 people, Carrigaline has expanded exponentially in recent years and developments to the south, such as Castle Heights and Forest Hill have enveloped Kilmoney Stores, making it an integral part of the subcommunity. Well supported by locals, trade is driven by a mixture of pedestrian footfall and passing motorists, as the shop is conveniently located near the bus stop on the Upper Kilmoney Road, which connects the R611 to Church Hill and Rose Hill.

The property contains a ground floor retail unit of 104 sq metres (1,118sq ft) comprising of the main shop with hot / cold deli counter, dairy wall, coffee dock, general grocery, household & wine section. A small outdoor fuel store & office is located to the rear. There is an additional income stream coming from the modern, bright one-bedroom, open plan apartment on the first floor consisting of approximately 70 sq metres (752 sq ft). The premises is fitted with a comprehensive security system, CCTV, etc.
Kilmoney Stores benefits from being the only shop in a substantial residential catchment area and yet it is still within easy walking distance of the main village. The current owners have built up a considerable business over the past 30 years and now have an impressive certified turnover. As well as the deli, customers can also avail of the national lottery, scratch cards, greeting cards, newspapers, stamps, leap cards, etc.

There is further potential to be realised, particularly with the addition of an off licence, for which there is full planning permission has been obtained recently.

Full Certified Turnover Figures available to principals only.