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57 O'Connell Street, Limerick

€325,000 - Asking Price For Sale 293 sqm approx

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57 O'Connell Street, Limerick

€325,000 - Asking Price|293 sqm approx

City Centre Investment PropertyComprising partially let Georgian buildingLocated in an establish commercial location on O’Connell StreetCurrent income of €17,500 per annum from ground and first floorsEntire extends to approx. 293 sq m (3,153 sq ft)For Sale by Private Treaty

Tenancy details: Ground floor is let to Plunket Hayes & Company Solicitors at €10,000 per annum on a 4 year 9 month lease from February 2017

The first floor is let to Gary Keogh Solicitors at  €7,500 per annum on a 4 year 9 month lease from February 2017

BER G Rating
Ormston House , Limerick

€500,000 - Asking Price|658 sqm approx

Property Highlights

City Centre Investment Property Comprising two ground floor/ basement retail units within a building known as Ormston House Located in an established retail location directly adjacent to the proposed Project Opera Development Current Income of €12,000 per annum from part of the subject property Asset Management Opportunity with letting of Unit 9/10 Entire extends to approximately 658 sq m (7,087 sq ft) For Sale by Private Treaty Description The subject property comprises the ground floor and basement of No. 9 - 11 Patrick Street also known as Ormston House. Ormston House is an end of terrace period property offering retail accommodation at ground floor level and residential accommodation on the upper floors. The subject property is a protected structure however it underwent an extensive refurbishment in the early 1990€TM. The ground floor and basement is currently subdivided into two self contained commercial units and the building has the benefit of dual frontage onto both Patrick Street and Ellen Street. The units have extensive floor to ceiling heights within the units and have maintained many of the original features of the property. Tenancy The current rent receivable is €12,000 per annum from part of the subject property (Unit 11) Full tenancy information is available upon request

BER exempt