- Attractive retail investment with potential overhead re-development opportunity.

- Prime city centre location adjacent to Limericks Opera Square, Cruises Street and opposite Arthurs Quay Shopping Centre (Tenant not affected).

- Ground floor and basement let to blue chip tenant, Vodafone Ireland Retail Limited, at a passing rent of €55,000 per annum with 5 year unexpired term.

- Separate access to 1st, 2nd & 3rd floors offering potential redevelopment to 3 or more residential apartments or other uses (s.p.p).

- May qualify for Derelict Property Grant of up to €70,000. 

- May also qualify for 'Living City Initiative' capital allowances for qualifying expenditure. (subject to T&C's).

Occupying a prime city centre location on the main thoroughfare of Limerick City which has recently had a facelift as part of the O Connell Street Revitalisation project which expanded pedestrian facilities and provided dedicated cycling and public transport links. Located opposite Penneys and only a block away from the substantial 290m Opera Square mixed use development currently under construction. Also opposite Arthurs Quay Shopping Centre anchored by Tesco with current plans to transform the area around the riverside and create a new quarter in the city. Other nearby businesses include Costa Coffee, Keanes Jewellers, Matthew Stephens Jewellers, Easons, Tony Connolly Menswear, Brown Thomas and Eir.

Four storey over basement mid terraced mixed use building offering basement and 

ACCOMMODATION: Overall Floor Area: approx. 445 sq. mtrs

GROUND FLOOR 105.69 sq. mtrs / 1,137.63 sq.ft

Main Retail area: Steps leading to Store, Office, Canteen and ancillary accommodation. Access to Laneway.

BASEMENT c. 118.39 sq. mtrs / 1,274 sq.ft: Ladies and gents toilets. Split level basement area.

1ST FLOOR c. 121.67 sq.mtrs / 1,310 sq.ft:

Split level Open Plan

2ND FLOOR c. 53.28 sq. mtrs / 574 sq.ft:

Residential accommodation comprising kitchen, living room and one bedroom.
Access to yard area

3RD FLOOR 460 sq.mtrs / 502 sq.ft: 

Residential accommodation comprising two bedrooms and bathroom.

REAR YARD 
HEATING:  Air conditioning on ground floor
WINDOWS: Aluminium d.g windows
FLOORS:  Concrete floor with timber on top floor

TOTAL FLOOR AREA:  445.65 sq. mtrs 4,797 sq.ft
Measurements are approximate and for guidance purposes only.

TENANCY
Ground floor and basement let to Vodafone Ireland Retail LTD at a passing rent of €55,000 per annum with a five year unexpired lease term. Tenant not affected. Further details available on request.
1st, 2nd & 3rd floors are currently derelict and available with vacant possession offering an opportunity to redevelop to apartments or other uses, subject to planning permission. Grants / Tax incentives may be available subject to terms and conditions.

For sale with joint agents DNG Cusack Dunne & De Courcy Auctioneers.