6 Michael Street, Limerick€350,000 C3

Investment Property 2500 ft² / 232.26 m² For Sale

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Description

FOR SALE- PRIME CITY CENTRE INVESTMENT OPPORTUNITY. Located adjacent to the proposed Opera Centre. End of terrace four storey office building. The property has approx. 2,500ft² over four floors with secure rear car parking for 4 spaces. A lift has been installed but is currently not operational. The property is occupied on a lease which expires on 1.6.2025 with passing rent of €35,000 p.a (rent review due July 2020). OFFERS IN EXCESS OF €350,000.

Features

Rates €6,130 p.a.

BER Details

BER: C3 BER No.800696528 Energy Performance Indicator:418.64 kWh/m²/yr

Directions

The property is situated on Michael Street in Limerick City Centre. Adjacent occupiers include PWC; Deloitte; Offices of the Revenue Commissioners and the proposed Opera Development site. Population of Limerick City & Council—191,809 (CSO 2011). Over 20,000 students annually.Limerick has the second highest disposable income nationally (CSO 2014)

Disclaimer

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or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.