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Park Point, Dublin Road, Castletroy, Limerick, Castletroy


Price
€150,000

Type
Restaurant

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.

Lease
The property is held on a 25 year lease from 2009, subject to five yearly rent reviews with a current passing rent of €14,000 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
Directions
The restaurant is situated at Park Point on the Dublin Road in Limerick City. As one travels from Limerick towards Castletroy on the R445 the property is located on the left hand side a short distance before the Groody roundabout. Neighbouring occupiers include Travel Lodge Hotel (overhead the subject property), Castletroy Park Hotel, Castletroy Retirement Village, Aldi, University of Limerick and the ever expanding suburb of Castletroy. The location benefits from close proximity to UL and a selection of Student Accommodation. Furthermore, the Dublin Road serves as the primary commuter route into Limerick City from Castletroy, Annacotty and Castleconnell.

Explore other properties and sales history in Castletroy.

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