Investment PropertyFor Sale by Private TreatyTenants Not Affected
Commercial investment opportunity at St Alphonsus Street in Limerick City CentreProperty comprises two commercial units extending to a combined GIA of approx. to 492 sq m (5,296 sq ft)100% Occupied - Combined passing rent €41,872 per annumFor Sale by Private Treaty – Tenants Not Affected
BERUnit 1 - E2 – 800568156Unit 2 - F – 800568149
LocationLimerick is the capital of the Shannon region and is located approximately 209km southwest of Dublin City, 100 km northeast of Cork City and 24 km southeast of Shannon International Airport.
Limerick City is the key driver of economic activity in the Mid-West Region and the focal centre for retail, commercial and third level educational activity within the area. General transport infrastructure in the Limerick City area is strong with numerous national roads and motorways converging the region that are easily accessible from the subject property via the Dock Road and Shannon Bridge that include the M7, M20, M18, N24, N21 and N69.
The subject property is situated on Alphonsus Street in Limerick City Centre. Alphonsus Street runs parallel with O’Curry Street and is entered and exited via the Dock Road and Henry Street and is within walking distance of Limerick City and is surrounded by local schools and colleges including Laurel Hill Secondary School, St. Clement’s Secondary School and Mary Immaculate College. The immediate area is a mix of residential and commercial properties.
DescriptionThe subject property comprises a detached single storey commercial building which is currently sub-divided into two units.
Unit 1 – 269 sq m (2,896 sq ft)Unit 2 – 223 sq m (2,400 sq ft)
TenancyCurrent Income - €41,872 pe ...