Lotto 5880175, (d2) 25 Patrick Street, Limerick City, Co. Limerick, V94XW93

CITY CENTRE RETAIL/RE-DEVELOPMENT OPPORTUNITY.
THE PROPERTY IS LOCATED ON PATRICK STREET CLOSE THE OPERA CENTRE (UNDER CONSTRUCTION).
NEIGHBOURING OCCUPIERS INCLUDE; IRISH HANDCRAFTS, ARTHUR€TM QUAY SHOPPING CENTRE, TONY CONNOLLY€TM MENSWEAR, BOOJUM AND MANY OTHER RETAILERS.
EXCELLENT OPPORTUNITY FOR A RETAILER AND/OR REDEVELOPMENT OF THE UPPER FLOORS TO RESIDENTIAL.

The property is arranged to provide a four-storey over-basement commercial building. The building was previously used as retail at ground floor and basement level with storage/office use at first, second and third floors. The entire property extends for approx. 275.36m² (2,962.85ft²) with a floor to ceiling height at ground floor level of 3.29m.

Internally the property comprises of a large display window at ground floor level, with a mixture of timber, tiled and carpet flooring throughout the building. Air conditioning units are located at ground and basement levels. The upper floors require refurbishment/renovation. The property is a four-storey over-basement mid-terraced Georgian building.

The property has a NAV of '¬24,000 resulting in an annual rates bill for 2024 of '¬6,797.

The property is situated on Patrick Street in Limerick City Centre. Patrick Street serves as one of the main routes into the city and the property is close to its junction of Patrick Street and O€TMonnell Street. To the rear of the property is Arthur€TM Quay Shopping Centre which has a large selection of retail outlets and a multi-storey carpark. Neighbouring occupiers include Boojum, Burger King, Penney€TM, Vodafone, Tesco and the new Opera Centre (under construction).

These Particulars and Terms are issued by Rooney Auctioneers (Limerick) Limited on the agreed understanding that all negotiations in respect of the property mentioned, are and will be conducted through them. Whilst every care has been taken in preparing these Particulars and Terms of the said property, Rooney Auctioneers (Limerick) Limited do not warrant these Particulars and Terms or any representations made by them about the property and all intending purchasers/lessees should satisfy themselves as to the correctness and/or accuracy of the information given. Rooney Auctioneers (Limerick) Limited shall further not be liable for any loss or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.