Price on Application - For Sale|326 sqm approx
***“Best Bids” – 5pm Thursday 15 December 2016*** For Sale by Private Treaty Investment Property Tenants Not Affected - Attractive Retail Investment Opportunity - The property occupies a prime location on Cruises Street and adjacent to O'Connell Street, Limerick - Adjoining occupiers including River Island, Foot Locker, Superdrug, New Look, JD Sports, Ann Summers, Argos, Trail Finders and Virgin Media - The building comprises a purpose built modern two storey retail unit with own door access off the pedestrianised street. - Unit extends to 325.8 sq m (3,507 sq ft) approx., laid out with retail at ground floor, storage and ancillary accommodation at first floor level - Held under 15 year lease from 10/01/2015 - Producing a total passing rent of €30,000 per annum which is stepped in years 3 & 5 - For Sale by Private Treaty - Tenant Not Affected - Contact - Ciara McCarthy / Muireann Griffin - Guide Price - €475,000 (ex VAT) Tenancy Tenant unaffected by this sale. The property is held under 15 lease from 10/01/2015 with 5 yearly rent reviews subject to a passing rent of €30,000 p.a. which is stepped in years 3 & 5 The lease is subject to a tenant break option in Jan 2018, Jan 2021, Jan 2026.