An Attractive Investment Opportunity comprising a mixed use premises with retail on the ground floor and residential accommodation overhead. Fully let receiving a monthly rental income of €1,400 per month.
(Tenants not Affected)
O'Connor Murphy are delighted to offer for sale 2 & 2A Treaty Villas, an end of terrace mixed use property with a retail unit on the ground floor (unit 2), and a residential three bedroom apartment overhead (unit 2A) which is independently accessed.
Unit 2, extends to circa 34.36 sq.m (369.85 sq.ft), is fitted out as a private personal training gym with open plan gym area, kitchenette and toilet.
Unit 2A is laid our over two floors and extends to circa 72.09 sq.m (776 sq.ft). The accommodation comprises entrance hallway, stairs to first floor; open plan kitchen/dining/living area, bedroom one, shower room with shower, W.C. W.H.B. Stairs to Second Floor which consists of two bedrooms and a toilet with W.C. and W.H.B.
The property is conveniently situated on High Road in the Thomondgate area of Limerick City within walking distance of Clancy Strand, Limerick City Centre and Thomond Park Stadium, pubs, restaurants, cafes all within close proximity.
The property is presently let and is being sold with tenants in situ. We have been informed the entire property is achieving a monthly rental income of €1,400 per month (€400 on ground floor retail unit and €1,000 on the overhead residential accommodation).
We have been informed the rates for period 01.01.2022 to 31.12.2022 is €1,496.44.
BER Rating: G
BER Number: 110221942
Please refer to the legal pack.
O'Connor Murphy (Limerick)
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