We have updated our Cookie Policy

Daft.ie uses cookies to give you the best possible experience when using our service; to offer additional functionality, to personalise content and advertising, to analyse our traffic, and to provide social media features. We also share information about your use of our service with our partners. By continuing to use our site we'll assume that you are happy to receive all cookies on Daft.ie. Please read our for more information on how we use cookies and how you can manage your preferences.
continue
BER SINo666of2006exempt

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

No. 91 Henry Street & Nos. 45 & 46 Windmill Street, Limerick City, Limerick City Centre

€375,000
Investment Property For Sale | 4,126 sq. feet (383 sq. metres)
  • Overview
  • Map View
  • Other properties from this agent

Overview

Property Description:

We bring to the market this centrally located portfolio of properties which offer a very attractive Commercial/Residential Investment Development Opportunity (subject to relevant planning permission) being granted.
In all there are three separate properties in this portfolio, which are to be sold as one Lot:-.


PROPERTY NO. 1:
NO. 91 Henry Street:

This property was substantially refurbished in 1994 to include:-
New Windows, New Roof, Re-wired, Concrete Stairwell to upper floors which have separate access from Henry Street.
Ground Floor:-

Currently laid out as a 7 Day Licenced Premises to include:-
- Two Split Level Bar Areas,
- Ladies & Gents Toilets,
- 2 Stores,
- Cold Room &
- Large Smoking Area.
First & Second Floors:

Currently laid out as offices.
The First Floor is Let for a term of 4 Years & 9 Months from 1st February, 2016.

Accommodation:
Ground Floor: (Gross Internal) 178sqm (1,916sq.ft.)
1st Floor: (Gross Internal - excluding stairs): 102.65sqm (1,105sq.ft.)
2nd Floor: (Gross Internal - excluding stairs): 102.65sqm (1,105sq.ft.)
Smoking Area: (Formerly No. 46 Windmill Street) 73.2sqm (789sq.ft.)
Double Access to Windmill Street.

The Gross Internal Area: (excluding the Smoking Area is): 383.30sqm (4,126sq. ft.).

Comment:
This property is in excellent structural condition throughout, in our opinion if the upper floors were converted to residential use (subject to Planning Permission), they would generate an income of €10,000 per annum per floor. Projected Total Gross Income of the Upper Floors: €20,000pa

The Ground Floor offers the flexibility of carrying on the existing usage as a 7-Day Licenced Premises or S.T.P.P. a commercial entity such as office, showrooms, surgeries etc.
Total Gross Yearly Projected Income: €30,000pa.








PROPERTY NO. 2:
No. 45 Windmill Street:

This 2 storey house extends to approximately (60sqm (645sq.ft) gross internal,
with Yard Area to rear of 32sqm (345sq.ft.)
This property is in semi derelict condition and requires refurbishment works.
Total Gross Yearly Projected Income: €10,000pa.






PROPERTY NO. 3:
No. 46 Windmill Street:


The original house was demolished to provide a smoking area.
Depending on the use required by a purchaser we believe a new house could re-built on this site S.T.P.P.
Site Area: 73.2sqm (789sq. ft.)
Total Gross Yearly Projected Income if in Residential use: €10,000pa.


_________________________________________________________________________________________

BER Exempt.

Heating: Gas Fired - New Boiler Installed.

Rates: Current Rates on No. 91, Henry Street:
Ground Floor Pub: €6,000pa
1st Floor: €1,500pa
2nd Floor: € 400pa

Viewing: Strictly by Appointment.

Guide Price: Offers in Ex. 375,000.


Solicitors: Dermot G. O'Donovan,
Floor 5 River Point,
Lower Mallow Street,
Limerick.





PSRA 003449

BER Details

BER SINo666of2006exempt

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?

Daft Property Shortcode:

https://www.daft.ie/5511297

Date Entered/Renewed:

2/10/2018 (71 days ago)

Property Views:

4,519
Show on Map

Map

Map Satellite Streetview
loading Loading Properties

Map Legend:

Exact Location Match Exact location match

Address:

No. 91 Henry Street & Nos. 45 & 46 Windmill Street, Limerick City, Limerick City Centre

Distance to City Centre:

0.5 km (0.3 miles), 5 minute walk

Street view

Negotiator Photo This property is sale agreed
sending_reply

Sending Reply
This property is sale agreed
This property is sale agreed
Share on:
Viewing 1 of 16 photos
No. 91 Henry Street & Nos. 45 & 46 Windmill Street, Limerick City, Co. Limerick