Rooney Auctioneers


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https://www.lslauctions.com/LotDetail-ROOAU-3774484

For Sale

For Sale

Guide Price: 420,000

(d2) 22 William Street, Limerick City, Co. Limerick, V94XV9T


Available From: Immediately INVESTMENT PROPERTY FOR SALE WITH TENANT AT GROUND & BASEMENT LEVEL.
THREE UPPER FLOORS MAY BE SUITABLE REDEVELOPMENT.
TENANT ON FIRST FLOOR DUE TO VACATE IN MID 2025.
TENANT NOT AFFECTED.

LOCATION
The property is situated on William Street in Limerick City Centre. The property is on the left hand side as you travel from O€TMonnell Street towards Mulgrave Street. Neighbouring occupiers include Euro Giant, Michael Gleeson Shoes, Dealz, Daly€TM Hardware and many other retailers.

DESCRIPTION
The property comprises of a 4-storey over basement mid-terraced Georgian property.
The ground floor and basement are currently occupied on a lease by Liberty. The first floor is occupied presently by a Doctor who intends vacating the property in mid 2025. The second and third floors are currently vacant. The upper floors, when fully vacant, should lend themselves to conversion to residential (subject to any necessary planning permission).


DEMISE SQ.M. SQ. FEET
Ground floor 130 1,400
Basement 136 1,464
First Floor Unmeasured Unmeasured
Second Floor 19.56 533
Third Floor 48.77 525


COMMENT
The sale of this property provides an investor the opportunity to acquire a property with an attractive income from the ground floor and basement and a redevelopment opportunity on the upper floors.


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or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.

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Contact Rooney Auctioneers on +353 614 13511