2/3 Upper Gerald Griffin Street, Limerick City, Limerick€550,000 C1

Investment Property For Sale

2/3 Upper Gerald Griffin Street

Description

MIXED USE CITE CENTRE PROPERTY FOR SALE
THE PROPERTY IS SITUATED ON UPPER GERALD GRIFFIN STREET IN LIMERICK CITY CENTRE.
3-STOREY MID-TERRACED MIXED USE (COMMERCIAL AND RESIDENTIAL) PROPERTY.
NEIGHBOURING OCCUPIERS INCLUDE HEADWAY, RASHER’S BAR, WICKHAM WAY INDOOR MARKET, HOGAN’S PHARMACY AND SEA BREEZE FISH MONGERS.

Features

TENANCY
The property is being sold with two options.
Option 1 - with vacant possession of the entire.
Option 2 - with the current tenant at ground floor level remaining in situ - rent to be reviewed.

RATES
Ground floor has a NAV of €17,640 which equates to rates liability for 2024 of €4,934.

BER Details

BER: C1 BER No.801009614 Energy Performance Indicator:451.67 kWh/m²/yr

Accommodation

The property comprises of a 3-storey mid-terraced mixed use (commercial and residential) property. There is commercial accommodation provided on ground floor with residential accommodation on first and second floors. The property was extended to rear a number of years previously. The upper floors comprise of six apartments – three 1-beds and three 2-beds. The ground floor commercial accommodation is currently occupied by East End Asian Supermarket.

Ground Floor extends to approximately 193.24 sq. m (2,080 sq. ft)

Apartments range in size from 37 sq. m—43 sq. m (405—460 sq. ft)

Directions

The property is situated on Upper Gerald Griffin Street in Limerick City Centre. Neighbouring occupiers include Headway, Rasher’s Bar, Wickham Way Indoor Market, Hogan’s Pharmacy and Sea Breeze Fish Mongers.

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