PROPERTY For Sale Development Site of approx. 0.51 acres - partially developed. (ON THE INSTRUCTIONS OF THE JOINT RECEIVERS-LUKE CHARLETON & DAVID HUGHES OF EY).

The property comprises of a partially completed mixed use commercial development with dual access onto both Henry Street and Post Office Lane, located on a site of approx. 0.206 hectares (0.51 acres). The proposed development comprises a six storey (partly three storey) retail / office development extending to a net internal area of 5,593sqm (60,202 sq. ft.) with 40 basement car spaces. The Former GPO Building which is a protected structure and fronts onto Henry Street is incorporated into the proposed development. The proposed building is partially completed to include re-enforced concrete frame and floor slabs.

PLANNING The property is an area zoned "1(A, B, C) City Centre Area" under the Limerick City Development Plan 2010-2016.

PLANNING
PERMISSION (Planning No. P.06/330) was granted for mixed use commercial scheme. The development provides for 5,593 m2 of offices, cafe, bar & night club together with 40 car parking spaces in the basement.

COMMENT Excellent opportunity to acquire a city centre partially completed development site.

PRICE €800,000 (plus VAT if applicable).