7 Catherine Street, Limerick City, Limerick
7 Catherine Street, Limerick City, Limerick
Price
€400,000
Type
Commercial
Status
For Sale
Size
153 sq. m
BER
Description
Four storey over basement (5 storeys in total) investment/redevelopment opportunity. The upper floors (3) have been vacant for approx. 2 decades and comprise of approx. 27.52 sq. m/ 296 sq. ft. on each floor. The ground floor and basement are occupied on a tenant who is currently overholding at a passing rent of €1,200 (€14,400 pa). The property is an ideal investment and redevelopment opportunity wherein an investor will acquire the property and refurbish the upper floors to apartment/studios (subject to any necessary planning and compliance with building regs, fire regs etc.).
Features
- Ground Floor & Basement
- The ground floor and basement are currently occupied by a tenant who is overholding. The passing rent is €14,400 per annum
- Upper Floors
- The upper floors are all vacant and have been so for approx. 20 years
- Pre 63
- The vendor states that the condition of the property pre dates the planning act of 1963
Directions
The property is situated in Limerick City Centre on Catherine St. it is close to the junction 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.
Similar Properties
For Sale
1
CITY CENTRE RETAIL/RE-DEVELOPMENT OPPORTUNITY. THE PROPERTY IS LOCATED ON PATRICK…
€400,000
