Mixed Use Building, Con Colbert Street, Athea, Co. Limerick

€150,000 Energy Rating V94F670
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Description

Mixed use investment opportunity. Comprising ground floor take away unit, former public house at ground floor level together with former B&B and residential overhead.   Total floor area extending to approximately 495 sqm (5,338 sq ft). Town centre location. Ground floor take away unit and first floor apartment occupied by an individual t/a The Gables Grill. Lease expiry Jul 2023 (overholding). Current rent reserved 8,400 per annum. Vacant possession of public house and B&B. The property is arranged over ground and first floor to provide an end of terrace mixed use investment. Internally the property comprises ground floor take away accommodation together a former public house and 5 x bedroom former B&B and residential accommodation at first floor level. The property is situated within Athea town centre approximately 20km north west of Newcastle West and 56km south west of Limerick City. Noteable occupiers within the town include Griffin Meats, The Athea & District Credit Union and The Con Colbert Community Hall. Total floor area extending to approximately 495 sq. m (5,338 sq. ft). The ground floor take away unit and first floor apartment is let to an individual t/a Gables Grill on an 18 year lease from July 2005 (Overholding) at a contractual rent of 8,400 per annum.

Accommodation

BER Details

BER: C3 800921660 1042.48 kWh/m²/yr

Lot Number

25

Negotiator

Ian McCarthy

Auction Location

Online - BidX1

Auction Time

2024-05-10 10:00
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BidX1 Ireland Ltd
BidX1 Ireland Ltd
Tel: 01 66...
PSRA Licence No. 001652

Date created: Apr 23, 2024

BidX1 Ireland Ltd
BidX1 Ireland Ltd
PSRA Licence No. 001652
Ian McCarthy
Ian McCarthy
Tel: 01 66...
Surveyor
Call Agent: 01 66...