25 Patrick Street, Limerick City, Limerick

Price
€400,000

Type
Development Site

Status
For Sale

Size
275 sq. m

BER

Description

CITY CENTRE RETAIL/RE-DEVELOPMENT OPPORTUNITY.
THE PROPERTY IS LOCATED ON PATRICK STREET CLOSE THE OPERA CENTRE (UNDER CONSTRUCTION).
NEIGHBOURING OCCUPIERS INCLUDE; IRISH HANDCRAFTS, ARTHUR’S QUAY SHOPPING CENTRE, TONY CONNOLLY’S MENSWEAR, BOOJUM AND MANY OTHER RETAILERS.
EXCELLENT OPPORTUNITY FOR A RETAILER AND/OR REDEVELOPMENT OF THE UPPER FLOORS TO RESIDENTIAL.

Features

The property is arranged to provide a four-storey over-basement commercial building. The building was previously used as retail at ground floor and basement level with storage/office use at first, second and third floors. The entire property extends for approx. 275.36m² (2,962.85ft²) with a floor to ceiling height at ground floor level of 3.29m.

Accommodation

Internally the property comprises of a large display window at ground floor level, with a mixture of timber, tiled and carpet flooring throughout the building. Air conditioning units are located at ground and basement levels. The upper floors require refurbishment/renovation. The property is a four-storey over-basement mid-terraced Georgian building.

The property has a NAV of €24,000 resulting in an annual rates bill for 2024 of €6,797.

Directions

The property is situated on Patrick Street in Limerick City Centre. Patrick Street serves as one of the main routes into the city and the property is close to its junction of Patrick Street and O’Connell Street. To the rear of the property is Arthur’s Quay Shopping Centre which has a large selection of retail outlets and a multi-storey carpark. Neighbouring occupiers include Boojum, Burger King, Penney’s, Vodafone, Tesco and the new Opera Centre (under construction).

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