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.
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.
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.
Please Refer to Legal Pack
O'Connor Murphy (Limerick)
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