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IrelandLimerickCity Centre (Limerick)Station Road Adare Co. Limerick

POA

Station Road Adare Co. Limerick

Investment Property Refreshed on Oct 7, 2019
#30 of 32 Properties Viewed in City Centre (Limerick)
Cushman & Wakefield (Limerick)
Cushman & Wakefield (Limerick)
Tel: 061 418 111
PSRA Licence No. 002222
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Description

FOR SALE BY PRIVATE TREATY (TENANTS NOT AFFECTED) Mixed Use Commercial & Residential property (For Sale by Private Treaty). Mixed Use Building extending to approximately 1,225.92 sq.m. (13,196 sq.ft.) with 18 on site car parking spaces. Located centrally just off Main Street in Adare, Co. Limerick. Modern building and specification throughout constructed in 2007. Currently occupied by 11 tenants producing an income of €260,677.76 per annum (exclusive). Adare Village Centre is currently 100% occupied. 80.63% of the current rental income for the property is retrievable from the commercial element of the property with a WAULT of approximately 7 years. The remainder of the income is generated from 6 first floor level apartments which are fully occupied by way of standard residential tenancy agreements.
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