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Racefield Centre , Raheen , Limerick

Price on Application For Sale

BER C1 Rating

Description

Best Bids - 12 Noon Friday 28 July 2017

 

Opportunity to acquire a retail investment opportunity comprising 6 ground floor retail units within an established neighbourhood centre in the heart of Dooradoyle, Limerick.The Race field Centre is situated in a prime residential and commercial area, located just off the Father Russell Road approx. 5km south west of Limerick City Centre and in close proximity to Raheen Business Park, University Hospital Limerick and a number of large residential developments.Overall floor area extends to approximately 1,141 sq m (12,282 sq ft)The property is partially let producing a rental income of €113,416 per annum.Potential to increase rent with letting of the two vacant retail units and some asset management.Guide price of €1.3million which equates to a Net Initial Yield of 8.35% and reversionary yield of 11% when the final two units are occupied.For Sale by Private Treaty (Tenants Not Affected)BER C1 – Nos Available upon on request

BER Information

  • Rating: BER C1
  • Number: 800406357
  • Energy Performance Indicator: 940.32 kWh/m²/yr

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