| Floor | Accommodation | Tenant | Sq. m | (Sq. ft) | Lease Terms | Current Rent € p.a. |
| Ground | Retail | Individual t/a Blades | 57.5 sq. m | 618 sq. ft | Signed Heads of Terms Proposed 25 year IRI lease from 01.07.2017 5 yearly rent reviews and break option year 5 | €10,500 p.a. |
| Basement | Retail | Individual t/a Thai Angel Massage | 57.5 sq. m | 618 sq. ft | Rolling agreement since 2009 | €6,996 p.a. |
| First | Residential | Vacant | 56.8 sq. m | 611 sq. ft | - | - |
| Second | Residential | Vacant | 52.0 sq. m | 559 sq. ft | - | - |
| Third | Residential | Vacant | 51.5 sq. m | 554 sq. ft | - | - |
| Total | 275.3 sq. m | 2,960 sq. ft | €17,496 p.a. |
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Auction
29 Thomas Street, Limerick
-
Auction
- Lot 290
- Ireland
- Mixed Use
- Commercial
GUIDE PRICE €325,000
Property Summary
- A mixed use investment.
- Comprising basement and ground floor retail together with 3 x apartments overhead.
- Extending to approximately 275.3 sq. m (2,960 sq. ft) in total.
- Subject to 2 x tenancies.
- 3 x residential units vacant.
- Current rent reserved €17,496 per annum with vacant possession of 3 x apartments.
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Description
The property is arranged over basement, ground and three upper floors to provide a mid terrace mixed use Georgian building. Internally the property comprises retail over basement and ground floor together with 3 x two bedroom apartments over first, second and third floors. The property benefits from dual access.
Location
- Limerick is the third largest city in Ireland with a population of some 91,000 people (as of 2011 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 property is situated at the junction of Thomas Street and Foxs Bow.
- The immediate surrounding area benefits from a high level of footfall and is predominantly commercial in use.
- Surrounding occupiers include Thomson & Sons Undertakers, Bella Italia and Cornstore.
VAT
Please refer to Legal Documents
BER Rating
D1 - G
BER Identification Number
Available from BidX1
Energy Performance Indicator
192.86 kWh/m²/yr - 886.9 kWh/m²/yr
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*Terms & Conditions
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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