Investment - Prime Office Building, Lock Quay, Limerick City, Limerick

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Description

Excellent opportunity to acquire an Office Investment in a prime location with a current passing rent of €34,776 per annum exclusive. Let on a long term lease to the Legal Aid Board due to expire on 30th November 2025. The property comprises a 3 storey mid-terraced building forming part of a block located at Lock Quay. The accommodation comprises a reception area, and an open plan office at ground floor. The first and second floors provide private offices, toilet facilities and a kitchen. The building exterior is finished with a brick facade on the front elevation and plaster finish to the rear of the property. Car parking is available in an open yard with a secure gate located to the rear of the property accessed from O'Sullivan's Place off Clare Street. The property is centrally located at Lock Quay, Clare Street one of Limerick city centre business districts. Neighbouring occupiers include the Courthouse, Office of the Revenue Commissioners, Barringtons Hospital, VHI, Deloitte, Limerick School of Art & Design and the Absolute Hotel. The office building is well positioned on one of the main commuter routes to Limerick City Centre the R445. The R445 (Old Dublin Road) links Limerick City Centre to Castletroy and the M7 motorway connecting Limerick to Dublin.

Accommodation

Office Building 204.38 sq. metres(2,200 sq. feet)

Features

Modern Office Investment Property approximately 204.38 sq. metres (2,200 sq. ft). Excellent opportunity to acquire an Office Investment in a prime location with a current passing rent of €34,776 per annum exclusive. Neighbouring occupiers include the Limerick Courts, Deloitte, Revenue Commissioners, Barrington’s Hospital, VHI, and the Absolute Hotel. Lock Quay is centrally located and one of Limerick’s city centre business districts. Let on a long term lease to the Legal Aid Board due to expire on 30th November 2025.

BER Details

BER: D1 BER No. 800360794 Energy Performance Indicator: 479.03 kWh/m²/yr

Viewing Details

By appointment only with Sole Agent

Negotiator

Patrick Seymour MSCSI, MRICS T: 00 353 61 318 770 E: patrick@powercs.ie PSL: 001297 - 001336
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Power Property
Power Property
Tel: 061 3...
PSRA Licence No. 001297

Date created: Sep 28, 2015

Power Property
Power Property
PSRA Licence No. 001297
Patrick  Seymour MSCSI, MRICS
Patrick Seymour MSCSI, MRICS
Tel: 061 –...
PSRA Licence No.001297 – 001336
Director
Call Agent: 061 3...