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57 O'Connell Street, Limerick

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


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Commercial Unit , St Alphonsus Street , Limerick

Price on Application - For Sale|

Investment PropertyFor Sale by Private TreatyTenants Not Affected

Commercial investment opportunity at St Alphonsus Street in Limerick City CentreProperty comprises two commercial units extending to a combined GIA of  approx. to 492 sq m (5,296 sq ft)100% Occupied -  Combined passing rent €41,872 per annumFor Sale by Private Treaty – Tenants Not Affected

BERUnit 1 - E2 – 800568156Unit 2 - F – 800568149

BER E2 Rating
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
Racefield Centre , Raheen , Limerick

Price on Application - For Sale|

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 C1 Rating