29 William St, Limerick City, Limerick

The property comprises a four-storey over-basement mid-terrace Georgian building with large site to rear.

Georgian Building
The Georgian building comprises a mid-terraced Georgian building having accommodation at basement, ground, first, second and third floors. The ground floor unit is currently leased to Limerick Animal Welfare and the upper floors are currently vacant. The upper floors require refurbishment. The upper floors are accessed via a separate door from William St. The overall size of each floor is approx. 48.08 sq.m/517.52 sq.ft

Rear site
The rear site comprises of (0.03 hectares/0.08 acres). The property has vehicular access to Denmark St and is currently used as a car park. The site may have development potential (subject to any necessary planning permission).

Tenancies
The ground floor of the Georgian building is currently leased for a period of 5 years from the 25th May 2023, with a passing rent of €22,600 pa exclusive of all other outgoings. A deed of renunciation has been signed.

The tenant in the rear car park is currently overholding from a lease which expired in 2020. Notice to terminate has been issued by the vendor.