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. 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. Features
Established Restaurant
Fully Fitted and in Excellent Condition
Close proximity to UL and Student Accommodation
On Site Parking BER Details
Disclaimer
These Particulars and Terms are issued by Rooney Auctioneers (Limerick) Limited on the agreed understanding that all negotiations in respect of the property mentioned, are and will be conducted through them. Whilst every care has been taken in preparing these Particulars and Terms of the said property, Rooney Auctioneers (Limerick) Limited do not warrant these Particulars and Terms or any representations made by them about the property and all intending purchasers/lessees should satisfy themselves as to the correctness and/or accuracy of the information given. Rooney Auctioneers (Limerick) Limited shall further not be liable for any loss or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.
