Rooney Auctioneers


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https://www.lslauctions.com/LotDetail-ROOAU-4390831

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Guide Price: 550,000

(d2) 2/3 Upper Gerald Griffin Street, Limerick City, Co. Limerick, V94FRP2


MIXED USE CITY CENTRE PROPERTY FOR SALE
THE PROPERTY IS SITUATED ON UPPER GERALD GRIFFIN STREET IN LIMERICK CITY CENTRE.
3-STOREY MID-TERRACED MIXED USE (COMMERCIAL AND RESIDENTIAL) PROPERTY.
NEIGHBOURING OCCUPIERS INCLUDE HEADWAY, RASHER€TM BAR, WICKHAM WAY INDOOR MARKET, HOGAN€TM PHARMACY AND SEA BREEZE FISH MONGERS.

LOCATION
The property is situated on Upper Gerald Griffin Street in Limerick City Centre. Neighbouring occupiers include Headway, Rasher€TM Bar, Wickham Way Indoor Market, Hogan€TM Pharmacy and Sea Breeze Fish Mongers.

DESCRIPTION
The property comprises of a 3-storey mid-terraced mixed use (commercial and residential) property. There is commercial accommodation provided on ground floor with residential accommodation on first and second floors. The property was extended to rear a number of years previously. The upper floors comprise of six apartments €" three 1-beds and three 2-beds. The ground floor commercial accommodation is currently occupied by East End Asian Supermarket.

Ground Floor extends to approximately 193.24 sq. m (2,080 sq. ft)

Apartments range in size from 37 sq. m€"43 sq. m (405€"460 sq. ft)


TENANCY
The property is being sold with two options.
Option 1 - with vacant possession of the entire.
Option 2 - with the current tenant at ground floor level remaining in situ - rent to be reviewed.

RATES
Ground floor has a NAV of '¬17,640 which equates to rates liability for 2024 of '¬4,934.

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or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.

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