Cork city office for €16m

Webworks, which houses Ervia, formerly Bord Gáis

Lisney is guiding €16 million for the sale of Webworks, a four-storey office building on Eglinton Street in Cork city centre, which is currently fully let to semi-state utilities company Ervia, formerly Bord Gáis.

The substantial property spans some 4,080 square metres, has 44 basement-level car park spaces and is situated beside a series of the city’s landmark buildings, including One Albert Quay, the Elysian and City Hall.

Webworks generates an annual rental ...