LEASEHOLD INTEREST FOR SALE.
CITY CENTRE LEASE FOR SALE.
CAFÉ / RESTAURANT.
ALL EQUIPMENT INCLUDED.
Leasehold Interest for sale of entire building.
LEASE
The lease comprises of a 25 year lease from the 25th July 2012. The current passing rent is €45,000 per annum. Rent reviews take place every 5 years.
Please note a personal guarantee will be required and consent from the landlord for any assignment of the lease.
EQUIPMENT / FIXTURES & FITTINGS
All fixtures and fittings/kitchen equipment currently in the property will be sold as part of the assignment of the lease.
RATES - €13,286 p.a. (2023)
BER: D2 BER No.800937625 Energy Performance Indicator:575.88 kWh/m²/yr
Accommodation is provided at basement, ground, first, second and third floor levels.
The property recently operated as an Asian Restaurant having seating and second kitchen located on ground floor, full kitchen and staff toilets at basement level. Customer toilets at first floor and office/storage on second and third floors.
The property is fully fitted and ready to operate as a restaurant with seating on ground floor of approximately 60 patrons in current layout, second kitchen on the ground floor level and main kitchen at basement level. The kitchens are fully fitted with all standard restaurant equipment.
The property is situated at 1 O’Connell Street - Limerick’s main street. It is situated at the corner of Denmark Street and O’Connell Street and adjacent occupiers include Boojum, Vodafone, Costa Coffee, Burger King, Penneys and Arthur’s Quay Shopping Centre.
These Particulars and Terms are issued by Rooney Auctioneers (Limerick) Limited on the agreed understanding that all negotiations in respect of the property mentioned, are and will be conducted through them. Whilst every care has been taken in preparing these Particulars and Terms of the said property, Rooney Auctioneers (Limerick) Limited do not warrant these Particulars and Terms or any representations made by them about the property and all intending purchasers/lessees should satisfy themselves as to the correctness and/or accuracy of the information given. Rooney Auctioneers (Limerick) Limited shall further not be liable for any loss or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.
