Description
Accommodation
Features
BER Details
Directions
Viewing Details
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Beds | |
Price | Sale Agreed |
Property Type | Investment Property |
Size | 354 meters2 |
Energy Rating | BER-F |
Refreshed on | |
Eircode | V94 VKT3 |
Group Name | DNG Cusack Dunne |
Sales License Number | 002730 |
Description
Fully Let Prime Office Investment For Sale (Tenants not affected) No 1 comprises a 4 storey terraced office building with rear on site car parking. Each floor is occupied under a separate leases. The accommodation is well fitted and includes a range of offices and meeting rooms together with toilets and kitchen areas. Access is by way of stairs. There is also a passenger lift which is currently not in use. Attractive GIY of 11.3% based on passing rents .
Accommodation
The accommodation comprises the following approx. floor areas. Floor Sq.m Sq.ft Rent p.a GF 59.00 635 €13,560 1st 122.00 1,313 €17,000 2nd 118.00 1,270 €17,800 3rd 55.00 592 €8,000 Total 354.00 3,810 €56,360 Floor areas are approximate only and we recommend that parties carry out an independent survey
Features
• Excellent opportunity to purchase an attractive office investment. • Accommodation comprises fully fitted offices at ground, 1st, 2nd & 3rd floors and extends to approx. 3,993 sq.ft. • Passing rent of €56,360 per annum . • Includes 6 on site car parking spaces. • City centre location close to the Opera Centre.
BER Details
BER: F BER No.800692410 Energy Performance Indicator:419.54 kWh/m²/yr
Directions
Michael Street is located in Limerick City Centre close to the Abbey River and adjacent to Opera Square, a landmark 1.62 hectare mixed use commercial development currently under construction. Barrington’s hospital is also located nearby. Occupiers within the building include Gianna CLG, BSC Consulting & Communicare Healthcare.
Viewing Details
Strictly by appointment
Date created: Oct 4, 2022