Well presented first floor restaurant located in a larger commercial scheme.
The property is let in its entirety to Chungs Chinese Restaurant under a 35 Year Lease from June 2008.
Current rental income of €45,000 per annum.
The property is offered for sale with the benefit of the existing Tenant.
Benefits from 124 surface car parking spaces with an additional 210 car parking spaces at basement level.
The subject property is located within the Castletroy Park Commercial Centre, adjacent to the 4-Star Castletroy Park Hotel and Leisure Centre. Castletroy is a desirable suburb of Limerick City which includes the larger suburbs of Annacotty and Newtown.
The surrounding area is a mix of established residential developments, and commercial users. The most notable occupiers in the immediate vicinity are the University of Limerick and the National Technology Park.
Castletroy is approximately 3km east of Limerick City centre.
The subject property comprises an attractive first floor restaurant, with the benefit of passenger lift access to the first floor. Internally the unit comprises a spacious restaurant, with full commercial kitchen, ladies, gents and disabled toilets, rear terrace and back of house staff and stock accommodation. In addition, the property has the benefit of a basement storage unit.
The property is well fitted out internally, with plastered and painted walls and ceilings, recessed spot lights, carpeted flooring and air conditioning.
Castletroy Park Commercial Centre is a mixed commercial scheme comprisin ...