Lot 2 - 53 Parnell Street, Limerick

  • Unconditional Online Auction Sale
  • AMV : €230,000

For Sale by Online Auction on the 14th October 2021.


Location

Limerick is the capital of Ireland' s Mid-West region with an urban and rural hinterland population of over 200,000 and is noted for its shopping, dining and entertainment, its historical significance, as well as its contributions to the arts. The city has grown its sporting and cultural image in recent years and generally the local business activists are doing their utmost to promote the city as a thriving business hub. The immediate city population is approximately 94,000 people. The subject property is situated on Parnell Street within walking distance of Limerick City Centre. . The location offers links with the city's main arterial road network together with convenient access to the main shopping and business district. Public bus and rail transport is provided close by with the recently refurbished and extended Colbert Train and Bus Station just 50 metres away, and The Peoples Park is circa 100 metres from the subject.

Description


53 Parnell Street is a three storey end of terrace property with commercial unit on the ground floor, office on the first floor, and residential accommodation on the second floor. The building is measuring at Gross Internal Area of approximately 199 sq.m (2,142 sq.ft).

We understand that Planning Permission was previously granted (Ref: 2160) to convert the upper two floors to residential 2 bed (3 person) apartment. This permission also included the insertion of independent access to the upper floors from Parnell Street. The ground floor to remain as a Takeaway restaurant.

This is an exciting opportunity to acquire an attractive property in a prominent location offering great potential.

Accommodation

The property is currently laid out to provide takeaway restaurant and storage facilities, including large cooler rooms at ground floor level. The First Floor is currently laid out to provide office facilities with one bedroom bed sit on the second floor comprising kitchen, toilet, and shower facilities with a mezzanine overhead. Access to the upper floors is currently via a stairwell off the ground floor.

VAT

Please Refer to Legal Pack

Joint Agent

O'Connor Murphy (Limerick)
Hibernian House,
Henry Street,
Limerick

BER No: 800669483

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of Youbid.ie or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of Youbid.ie or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of Youbid.ie or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of Youbid.ie or the vendor shall not give rise to any right of action, claim, entitlement or compensation against Youbid.ie or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of Youbid.ie or the vendor.

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Sold for €274,000

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Additional Documents

Virtual Tour

Video Tour of 53 Parnell Street

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