Mixed Use Building, Con Colbert Street, Athea, Co. Limerick, V94 F670
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Auction
- Lot 25
- Ireland
- Mixed Use
- Commercial
Guide Price €150,000
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Property Summary
- Mixed use investment opportunity.
- Comprising ground floor take away unit, former public house at ground floor level together with former B&B and residential overhead.
- Total floor area extending to approximately 495 sqm (5,338 sq ft).
- Town centre location.
- Ground floor take away unit and first floor apartment occupied by an individual t/a The Gables Grill.
- Lease expiry Jul 2023 (overholding).
- Current rent reserved €8,400 per annum.
- Vacant possession of public house and B&B.
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Property description
The property is arranged over ground and first floor to provide an end of terrace mixed use investment. Internally the property comprises ground floor take away accommodation together a former public house and 5 x bedroom former B&B and residential accommodation at first floor level.
The property is situated within Athea town centre approximately 20km north west of Newcastle West and 56km south west of Limerick City. Noteable occupiers within the town include Griffin Meats, The Athea & District Credit Union and The Con Colbert Community Hall.
Total floor area extending to approximately 495 sq. m (5,338 sq. ft).
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.
Tenancy
The ground floor take away unit and first floor apartment is let to an individual t/a Gables Grill on an 18 year lease from July 2005 (Overholding) at a contractual rent of €8,400 per annum.
VAT
BER Rating
BER Identification Number
800921660
Energy Performance Indicator
1042.48 kWh/m²/yr
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*Terms & Conditions
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 BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 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 BidX1 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 BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 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 BidX1 or the vendor.
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