19 Catherine Street, Limerick, Limerick City, Co. Limerick

€280,000

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Description

Attractive Investment Opportunity (Tenants not Affected) O'Connor Murphy are delighted to bring to the market 19 Catherine Street, Limerick City. This mid terrace mixed-use property comprises retail at ground floor level with two one-bedroom apartments on the upper floors. The accommodation briefly comprises: Ground floor retail unit - Occupied by C. & E Foodstore - Rent payable 900 per month - Lease commencement 15th November 2010. - c.491 sq ft - Suspended ceiling - Recessed Lighting First Floor Apartment - Occupied. Rent payable 650 per month - Lease commencement 1st July 2017 - c. 511.16 sq ft - Electric storage heating - Electric shower Second Floor Apartment - Occupied. Rent payable 700 per month - c.307 sq ft - Lease commencement 1st June 2020 - Electric storage heating - Electric shower Total monthly rental income of 2,250. This property presents an excellent investment opportunity in one of Limerick's most sought after commercial areas. Rates: We understand the rates for the property are approximately 2,000 per annum. The subject property enjoys a prominent location on Catherine Street which is considered to be the heart of Limerick City and has a vibrant atmosphere. Neighbouring occupiers include AIB, Eir, Uber and the soon to be completed International Rugby Experience. The area is host to ample cafes, restaurants and renowned pubs to include Jerry Flannery's bar. BER G: - Retail unit: 800836546 - 1st Floor Apartment: 114706849 - 2nd Floor Apartment: 109810705

Features

  • Prominent location
  • Residential
  • retail
  • Mixed-use commercial unit

Accommodation

Note: Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

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