INVESTMENT PROPERTY FOR SALE WITH TENANT AT GROUND & BASEMENT LEVEL.
THREE UPPER FLOORS MAY BE SUITABLE REDEVELOPMENT.
TENANT ON FIRST FLOOR DUE TO VACATE BY END OF 2025.
TENANT NOT AFFECTED.
The sale of this property provides an investor the opportunity to acquire a property with an attractive income from the ground floor and basement and a redevelopment opportunity on the upper floors.
BER: D2 BER No.800461741 Energy Performance Indicator:1312.29 kWh/m²/yr
The ground floor and basement are currently occupied on a lease by Liberty. The first floor is occupied presently by a Doctor who intends vacating the property by the end of 2025 (if not earlier). The second and third floors are currently vacant. The upper floors, when fully vacant, should lend themselves to conversion to residential (subject to any necessary planning permission).
DEMISE SQ.M. SQ. FEET
Ground floor 130 1,400
Basement 136 1,464
First Floor Unmeasured Unmeasured
Second Floor 19.56 533
Third Floor 48.77 525
The property is situated on William Street in Limerick City Centre. The property is on the left hand side as you travel from O’Connell Street towards Mulgrave Street. Neighbouring occupiers include Euro Giant, Michael Gleeson Shoes, Dealz, Daly’s Hardware and many other retailers.
These Particulars and Terms are issued by Rooney Auctioneers (Limerick) Limited on the agreed understanding that all negotiations in respect of the property mentioned, are and will be conducted through them. Whilst every care has been taken in preparing these Particulars and Terms of the said property, Rooney Auctioneers (Limerick) Limited do not warrant these Particulars and Terms or any representations made by them about the property and all intending purchasers/lessees should satisfy themselves as to the correctness and/or accuracy of the information given. Rooney Auctioneers (Limerick) Limited shall further not be liable for any loss or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.
