Property Description:
RESERVE RANGE
€120,000 - €140,000 For Sale by Public Auction on 23rd April at 10:00 at Royal Dublin Society (RDS), Merrion Road, Ballsbridge, Dublin 4
Please refer to the legal documents.
Location Limerick is the third largest city in Ireland with an urban population of some 91,000 people (as of the 2011 Census).
The city is situated approximately 41km south east of Ennis and approximately 200km north of Cork.
The city has good transport links with the M7 and M20 Motorways both providing access to and from the city, along with train services running to Dublin.
The property is located on Steamboat Quay just off the Dock Road.
Surrounding occupiers include the Clarion Hotel.

Description
The property is arranged over ground floor only to provide an end of terrace office unit. The property is set within a wider mixed use development arranged over ground and five upper floors to include retail, office, apartments and a multi-storey car park development.

Gross internal floor area approximately 278.70 sq. m (3,000 sq. ft).

NB: Floor areas provided by the Vendor.

Tenancy
The entire property is at present let to Headways Ireland Limited on an informal basis at a current rent of €25,000 per annum, exclusive of rates and VAT. We were informed that the current tenant previously held a 4 year 11 month lease from 28 January 2008 at a rent of €54,000 per annum, exclusive of rates and VAT.