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Homestore+More has just opened its second Cork city store at Kinsale Road Retail Park. The other outlet is at Mahon.
The company has leased a new building extending to 2,156sq m (23,200sq ft) on a 20-year contract at a rent of €166 per sq m (€15.50 per sq ft).
Letting agent Nicholas Corson of Dublin agents Finnegan Menton has also announced a preletting of another store of 929sq m (10,000sq ft) to DID Electric at a rent of €172 per sq m (€16 per sq ft).
20th store
DID also has a store in Bandon and has 22 outlets countrywide. Florence Stanley of CBRE advised Homestore, which now has 20 stores.
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The Kinsale Road park, developed by Motor Services Ltd, has completed the development of a 148sq m (1,600 sq ft) cafe beside Homestore.
Finnegan Menton is already in advanced negotiations to let the facility at a quoting rent of €322 per sq m (€30 per sq ft).
The same agents are to market a number of other planned building which will range in size from 650sq m to 1,858sq m (7,000sq ft to 20,000sq ft).
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