Search Property
Search Commercial Property
Try an advanced search?

Office Suite Theatre Court, Mallow Street , Limerick

€325,000 - Asking Price Sale Agreed 260 sqm approx

BER B3 Rating


Office Suite, Theatre Court, Lower Mallow Street, LimerickFor Sale by Private Treaty(Tenants Not Affected)• Prime office investment opportunity at Lower Mallow Street in Limerick City Centre• Property comprises modern office accommodation extending to 260 sq m (2,798 sq ft)• The suite is let to the Office of Public Works producing €45,262 per annum• Property benefits from a lift, two parking spaces and extensive array of recreational amenities locally• For Sale by Private Treaty (Tenants Not Affected)

Contact – Ciara McCarthy / Hugh O’Neill


Limerick is the capital of the Shannon region and is located approximately 209km southwest of Dublin City, 100 km northeast of Cork City and 24 km southeast of Shannon International Airport.The subject property is situated on Lower Mallow Street, close to the intersection with Henry Street in Limerick City Centre. Henry Street is the prime office location within the city. There are numerous facilities provided in the surrounding area with restaurants, cafes and multi storey car parks also located within close proximity.Surrounding occupiers include Grant Thornton, Henry Street Garda Station, Ulster Bank along with various professional firms which include Solicitors, Accountants and Auctioneers.

DescriptionThe subject property forms part of Theatre Court, a modern office development on Lower Mallow Street in Limerick. The building consists of office accommodation over three floors with parking to the rear.

The subject property comprises a modern office suite on the second floor extending to approximately 260 sq m (2,798 sq ft). The current layout provides for cellular office accommodation with a modern specification including a mix of spot and recessed box lighting, perimeter trunking and double glazed windows throughout.

The current rent receivable is €45,262 per annum. The guide price for the investment opportunity reflects an attractive investment opportunity with a minimum 12 month secured income.

TenancyThe property is currently let to the Office of Public Works on a 20 year lease from 1st July 2004 at a current rental income of €45,262. The tenant has a rolling break option from July 2017 subject to 12 months written notice.

Guide PriceSeeking offers of €325,000 equating to a Net Initial Yield 13.33% assuming standard purchaser’s costs of 4.46%

BER Information

  • Rating: BER B3
  • Number: 800560807
  • Energy Performance Indicator: 307.34 kWh/m²/yr

Similar Properties

Gardner House , Limerick

To Let

Office To Let - 5,113 sq. feet (475 sq. metres) - 9,113 sq ft (846 sq m) To Let First Floor Offices, Gardner House, Charlotte Quay, Limerick. 158 sq m - 475 sq m Superb City Centre office location with many well established businesses in the immediate area including PWC, IBEC, VHI, BDO and Deloitte. Fully fitted modern office suites with lift and stairs access from 158 sq m - 846 sq m 4 secure surface car parking spaces Limerick City is the third largest city in Ireland and identified as a gateway city in the National Spatial Strategy for the mid-west region. Transport infrastructure in the area is strong with numerous national roads converging on Limerick. Shannon Airport is located approximately 26km west of the city. The subject property is situated on Charlotte Quay, within walking distance of Patrick Street, O\'Connell Street and Arthur\'s Quay Shopping Centre. The subject property has the benefit of having direct river views. It is situated adjacent to a number of other multi-storey office blocks in a well established office locations. Gardner house is a landmark office building in the heart of Limerick City Centre with significant frontage onto Charlotte Quay. The first floor is available and comprises of two office suites fitted to a high standard including air conditioning, suspended ceilings, recessed box lighting and carpet flooring. The layout comprises a combination of open plan and cellular office accommodation. These office suites are serviced by a passenger lift and include 4 secure surface car parking spaces. Lease Terms The office suites are available on a new lease. Terms negotiable. BER Details: BER NO. 800141624 Rating C1 / BER NO 800141616 Rating B3

BER B3 Rating
Henry Street , Limerick

To Let

Prime city centre office accommodation available to let extending to 763 sq m (8,212 Sq ft)

The subject property forms part of the mixed use Howleys Quay development. Externally the property is finished to a high specification with a predominantly glazed facade at ground floor level with a mixture of red brick and double glazed full height windows at first floor level which fronts onto both Henry Street and Lower Cecil Street.

Internally the offices have been finished to a modern specification laid out over ground and first floor. Office specification features of the building include;

BER C2 Rating
Riverfront , Howleys Quay , Limerick

To Let

First Floor Riverfront Building, Howleys Quay, Limerick73 sq m (786 sq ft)Opportunity to locate a modern mixed use commercial development on the Riverfront in Limerick City Centre Fully fitted first floor office suite extending to 73 sq m (786 sq ft)Benefiting from good natural light and extensive river views Combination of open plan and cellular office accommodation, canteen and WC facilities The office block is located directly adjacent to Howleys Quay multi-storey car park Additional adjoining occupiers include, Blue Bird Care, Adecco, Bermingham Hooper Doaln, in addition to House Restaurant, LaCucina Restaurant and Dunnes Stores.Location The Riverfront Building, Howleys Quay is an impressive modern office building situated off Henry Street overlooking the Shannon River. Henry Street is an established City Centre business area in Limerick and is within walking distance of the retail heart of Limerick including Cruises Street and O€TMonnell Street.It is situated adjacent to a number of other multi storey office blocks in a well-established office location with additional occupiers in the surrounding area including Nordic Aviation, Holmes OMalley Sexton, Glass Lewis, Ulster Bank, Howleys Quay Car Park, and Dunnes Stores.Limerick City is the third largest city in Ireland and identified as a gateway city in the National Spatial Strategy for the mid-west region.This region encompasses County Limerick, County Clare, north County Tipperary and northwest County Kerry

BER C2 Rating