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BER C1

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

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1 Fr Russell Road, Raheen, Limerick City, Co. Limerick

€550,000
Investment Property For Sale | 2,100 sq. feet (195 sq. metres)
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Overview

Property Description:

1 Fr Russell Road offers an excellent investment opportunity on the outskirts of Limerick city. Its unrivalled location on one of the main vehicular access routes to the city centre provides the property with an exceptional profile. While the residential aspect is in need of refurbishment, the commercial element is currently generating an income of €38,000 per annum.

This property is a detached mixed-use investment property with a retail element at ground floor. The residential element spans over two floors, it is currently being used as storage and is in need of complete refurbishment Accommodation comprises 3 rooms at ground floor with four rooms and bathroom at first floor level. The property sits on a site of c. 0.066 hectares and has vehicular access through a rear gate, there may be an opportunity for redevelopment (subject to pp).

The retail space is ground floor only and is occupied on a 35 year lease from 7th October 2008. The current rent is €26,000 per annum. There is a 3 yearly licence agreement in relation to a prismatic sign on the gable of the building at a rent of €12,000 per annum.

Accommodation
Residential Ground Floor Area: c. 89.49m2 (963.26f2)
Residential First Floor Area: c. 65.96m2 (709.98f2)
Residential Gross Floor Area: c. 155.45m2 (1673.24f2)
Commercial Area = c. 39.62m2 (426.46f2)


Viewing Details
Strictly by appointment only with Murphy Gubbins Auctioneers & Chartered Surveyors

BER Details

BER C1

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more
What's this?
BER No 800222937

Daft Property Shortcode:

https://www.daft.ie/5783919

Date Entered/Renewed:

13/5/2019 (8 days ago)

Property Views:

619
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Address:

1 Fr Russell Road, Raheen, Limerick City, Limerick City Centre

Distance to City Centre:

2.9 km (1.8 miles), 25 minute walk

Street view

Negotiator Photo

JC Gubbins BA MSCSI MRICS

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1 Fr Russell Road, Raheen, Limerick City, Co. Limerick