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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

Harvey's Quay, Limerick City, Co. Limerick

Price on Application SALE AGREED
Investment Property For Sale | 2,000 sq. feet (186 sq. metres)
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Property Description:

Investment highligts:
Attractive investment opportunity of approx. 185.8 sq m (2,000 sq. ft.), within Limerick City centre/waterfront location.
The property is leased to Agenbite Limited t/a Milano€TM, on a 25 year FRI lease from the 1st of August 2002.
Passing rent of €70,000 net per annum, without lessee provision to break.
Remaining upward only rent review by reference to Market Rent falling on the 1st August 2022.
Subject to contract, offers in excess of €890,000 are invited, equating to a NIY of 7.25%.
Tenant not affected.

The subject property is located at Harvey€TM Quays, Limerick, within the city€TM central business district overlooking the waterfront, which is a popular destination amongst locals and visitors alike and is home to a number of entertainment venues and eateries such as House, Mejana, The Hamptons, The Savoy Hotel and Milano€TM within the subject property itself.
The immediate vicinity includes a mix of primarily commercial users with prominent office occupiers including EY, Nordic Aviation Capital and Glass Lewis within close proximity. The property is situated approximately 170m from the pedestrianized retail thoroughfare of Bedford Row and approximately 250m from O€TMonnell Street, the principal retail thoroughfare in Limerick City Centre.

The subject property forms part of a larger mixed use development, that was constructed in the early 2000€TM. The ground floor of the property extends to a GIA of approximately 2,000 sq. ft. The unit which trades as a popular franchise restaurant, incorporates an additional mezzanine floor, that provides for an additional 540 sq. ft. of seating, in addition to further admin and ancillary space.
Internally the space provides for a total of 120 covers, with the current lessee fitout incorporating a mix of tiled and timber varnished flooring, ceiling mounted air-conditioning, spot lighting, bespoke/fitted kitchens, ancillary W.C.€TM and hard wired intruder/fire alarm systems.

BER Details


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 800390221
Energy Performance Indicator: 1397.49 kWh/m2/yr

Daft Property Shortcode:


Date Entered/Renewed:

2/4/2019 (84 days ago)

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Map Legend:

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Harvey's Quay, Limerick City, Limerick City Centre

Distance to City Centre:

0.7 km (0.4 miles), 5 minute walk

Street view

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Harvey's Quay, Limerick City, Co. Limerick