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