| Unit | Accommodation | Sq.m | (Sq.Ft) | Tenancy | Current Rent Reserved € p.a. |
| Total | 352 sq. m | (3,778 sq. ft) | €84,200 p.a. | ||
| Basement | Retail / Storage | 45 sq. m | (485 sq. ft) | Let to Unicare Pharmacy t/a Lloyds Pharmacy 10 years from 09.11.2018 5 years rent reviews Break after year 5 | €57,500 p.a. |
| Ground | Retail | 125 sq. m | (1,345 sq. ft) | As above | |
| First | Storage | 33 sq. m | (354 sq. ft) | As above | |
| First | Apartment | 49 sq. m | (525 sq. ft) | Residential tenancy | €9,000 p.a. |
| Second | Apartment | 49 sq. m | (525 sq. ft) | Residential tenancy | €9,300 p.a. |
| Third | Apartment | 51 sq. m | (544 sq. ft) | Residential tenancy | €8,400 p.a. |
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Auction
53 William Street, Limerick City, Co. Limerick, V94 AXC8
-
Auction
- Lot 166
- Ireland
- Commercial Building
- Commercial
GUIDE PRICE €750,000
Property Summary
- A prime mixed use investment.
- Comprising 1 x ground floor retail unit together with 3 x overhead apartments.
- Extending to approximately 326 sq. m (3,512 sq. ft).
- Retail unit let to Lloyds Pharmacy.
- Lease expiry 2028.
- 3 x apartments fully let.
- Total current rent reserved €84,200 per annum.
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Description
The property is arranged over ground and three upper floors to provide a mid terrace mixed use building. Internally the property comprises a ground floor retail unit together with 3 x apartments overhead.
Location
- Limerick is the third largest city in Ireland with a population of some 94,000 people (as of 2016 Census).
- The city is situated approximately 41km south of Ennis and some 100km north of Cork.
- The city is well served by the M7 and N20 networks both providing access to and from the city centre.
- The subject property is situated on William Street, one of Limerick prime retail streets.
- Surrounding occupiers include Lifestyle Sports, Paddy Power and GameStop.
VAT
Please refer to Legal Documents
BER Rating
C1 - D1
BER Identification Number
Available from BidX1
Energy Performance Indicator
714.71 kWh/m²/yr1.03 - 228.96kWh/m²/yr
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No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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