The Munster Property Auction in partnership with Dooley Auctioneers
Starting Bids over €60,000
Auction taking place on 01/03/2018 at The Rochestown Park Hotel, Rochestown Road, Douglas, Co. Cork at 7pm
Dooley Auctioneers are delighted to offer this retail/commercial unit for sale situated in the very popular residential area in Castletroy. The retail unit measures circa 700 sq.ft. (65 SQM) and is currently let to The Injury Clinic & Personal Training Facility since 01st April 2014 on a 6 year lease. The property is in a prime location just off the Dublin road at the junction that adjoins the aforementioned with the Golf Links Road benefiting from a potentially large passing trade, the property is just a short drive from Limerick City, all major road networks and within very close proximity to Castletroy Golf Club, Monaleen GAA club, primary and secondary schools (ie Castletroy College & Monaleen NS), University of Limerick, hotels, shops, pubs and restaurants. This retail unit enjoys the benefits of ample off street parking to the front of the premises and has plenty of investment potential. The retail unit is currently generating a rental income of €7,800 per annum. The unit consists of the main ground floor area currently in use, upstairs has a toilet and storage room in need of modernisation.
This property is offered for sale by unconditional auction via www.munsterpropertyauction.ie. The successful buyer is required to pay 10% contract deposit and is required to immediately sign the sale contracts on acceptance of their bid. The buyer will be granted 28 days from the date of exchange to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply ...