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6 Catherine Place , Limerick City, Limerick


Price
€495,000

Type
Commercial

Status
For Sale

BER

Description

FOR SALE - Investment/Redevelopment property - Tenants not affected

Offers in excess of €495,000

City Centre Investment/Re-development opportunity

Features
  • Ground floor and basement currently let - upper floors vacant
  • Independent access to upper floors from Ersons Lane
  • Situated in the ‘Living Cities Initiative’ area.
  • Upper floors have been vacant for considerable length of time.
Accommodation

Five storey over basement (6 storeys in total) investment/redevelopment opportunity. The property has tenants at ground floor
and basement levels comprising of a barber at ground floor and residential unit at basement level. The upper floors comprise of
four 1 bedroomed apartments which have been unused for 10 years plus. The upper floors have independent access from Erson’s
Lane and a concreate stairs to each level. The property is an ideal investment and redevelopment opportunity wherein an investor
will acquire the property and retain tenants at ground floor and basement level with attractive passing income and redevelop the
upper floors to four one bedroomed apartments (subject to any necessary planning and compliance with building regs, fire regs
etc.).


Directions
The property is situated in Limerick City Centre at the corner of Catherine St. and Ersons Lane. Neighbouring occupiers include Mace supermarket, Uber offices, Ma Hogans pub, Zambrero, Tadgh Kearney Jewllers and many other retailers.

Explore other properties and sales history in Limerick City.

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