Castletroy Suburb, Castletroy, Limerick
Castletroy Suburb, Castletroy, Limerick
Price
€150,000
Type
Commercial
Status
For Sale
Size
289 sq. m
BER
Description
Substantial restaurant having accommodation on ground and first floor levels.
The restaurant is fully fitted throughout and is in excellent condition having been refurbished recently.
Seating accommodation and kitchen accommodation is provided on the ground floor with disabled toilets and the first floor comprises of further seating accommodation and toilets and back of house operation.
In its current layout the restaurant provides seating for 85 patrons.
The property is held on a 25 year lease from 2009, subject to five yearly rent reviews with a current passing rent of €15,000 per annum. The leasehold interest is being sold (by assignment) to include all fixtures and fittings therein.
Features
- Established Restaurant
- Fully Fitted and in Excellent Condition
- Close proximity to UL and Student Accommodation
- On Site Parking
Accommodation
The property occupies a highly accessible location within the wider Castletroy area of Limerick, benefiting from excellent connectivity to Limerick City and surrounding suburbs.
The area is well established and is home to a diverse mix of commercial, residential, hospitality and educational occupiers, including the University of Limerick, Castletroy Park Hotel, Aldi and a number of established residential and student accommodation developments.
The location benefits from its close proximity to the University of Limerick and the extensive student population associated with the area. It is also positioned along one of the principal commuter routes serving Limerick City, Castletroy, Annacotty and Castleconnell, providing excellent accessibility and strong passing trade potential.
Explore other properties and sales history in Castletroy.
