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IrelandLimerickCity Centre (Limerick)1 Quinlan Street, City Centre (Limerick), Limerick City

€330,000

1 Quinlan Street, City Centre (Limerick), Limerick City

312.72m 2Energy RatingInvestment Property Refreshed on Oct 25, 2019
Eircode: V94HKT6
#29 of 32 Properties Viewed in City Centre (Limerick)
DNG Cusack Dunne
DNG Cusack Dunne
Tel: 061 209000
PSRA Licence No. 002730
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Description

For Sale - Attractive Investment Opportunity (Tenants not affected) Four storey over basement Georgian Building which has been refurbished throughout with many of its original period features retained. The ground, first, second & third floors are in office use and there is a dentist surgery located at basement level with separate street access. Externally there is use of 1 car parking space at the rear. Quinlan Street is located between the Crescent and O Connell Avenue in Limerick City€TM Georgian Quarter. Famously known as one of Ireland€TM shortest main streets containing only 7 buildings, No 1 occupies a high-profile location close to the junction with Barrington Street. South€TM Bar and St Josephs church are located closeby. Tenancies: Ground, first, second & third floors occupied under a 4 year 9 months lease from Oct 2019 at a passing rent of €30,000 per annum. Basement occupied under a 25 year lease from Dec 2004 at a passing rent of €8,000 per annum. Further lease details available upon request. Price: €330,000 (plus VAT if applicable) BER Exempt

Accommodation

Basement : 56.36 sq.m. / 607 sq.ft. - Dental Surgery Basement Return: 6.00 sq.m. / 65 sq.ft. - Toilet Ground Floor: 59.59 sq.m. / 641 sq.ft. - Meeting rooms Ground Floor Return: 6.00 sq.m. / 65 sq.ft - Toilet & Shower First Floor: 59.59 sq.m. / 641 sq.ft. - 3 Offices First Floor Return: 6.00 sq.m. / 65 sq.ft. - Kitchen Second Floor: 59.59 sq.m. / 641 sq.ft. - Open plan offices Third Floor: 59.59 sq.m. / 641 sq.ft. - File rooms Total: 312.72 sq.m. / 3,366 sq.ft. *Floor areas are approximate only.

Features

Attractive 4 storey over basement office investment opportunity. Refurbished throughout while retaining many period features. High profile location in Limerick’s Georgian Quarter. Current passing rent of €38,000 per annum offering investors an attractive investment yield.

BER Details

BER: Exempt
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