CITY CENTRE COMMERCIAL PROPERTY FOR SALE - FORMER BANK/CREDIT UNION.
OBVIOUS RE-DEVELOPMENT OPPORTUNITY (SUBJECT TO PP).
CORNER PROFILE ONTO UPPER WILLIAM STREET & LOWER GERALD GRIFFIN STREET.
RATES - €12,395 per annum
BER RATING - C3-E2
BER No’s. 800655367 & 800655375
Please note the three storey corner end of terrace 3 bay bank building has been listed as a protected structure under RPS registration no. 3572.
The subject property comprises of a part 3 storey over basement and part 2 storey commercial building with corner profile onto Upper William Street and Lower Gerald Griffin Street. Extending to approx. 580.75m² (6,251ft²) the unit is accessed through a pedestrian door at street level which provides access to the ground floor of the building consisting of a lobby area, large open-plan office space with serving counter, comms room, office and ladies and gents toilets. A staircase from the ground floor gives access to a large open-plan office space with canteen, separate offices and toilets. There is a rear yard/car parking space which has direct access to Lower Gerald Griffin Street. A staircase from the ground floor leads to the basement of the building which consists of 2 store rooms, 2 strong rooms, ladies and gents toilets and a boiler house.
The first and second floors of the front section of the building are accessed via an independent door from Upper William Street and each floor comprises of four offices, lobby area and ladies and gents toilets.
The property has obvious re-development potential into a mix of commercial and residential accommodation.
TITLE - Freehold
At present there is an ATM located in a section of the property. The income is €3,000 per annum and the licence agreement expires in August 2023.
The property is situated at a prominent position at the junction of Lower Gerald Griffin Street/Upper William Street in Limerick City Centre. The surrounding area comprises of a mix of commercial and residential uses with neighbouring occupiers including Enterprise Rent-a-Car, Headway Brain Injury Services and Centra.
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.