Home Ireland Limerick Limerick City 31 Nicholas Street, Limerick City, Limerick

31 Nicholas Street, Limerick City, Limerick

Sale Agreed Energy Rating2120.92 Sq.ft
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Description

Three storey over basement mixed use (commercial and residential property) with frontage onto two streets. The property currently comprises of a commercial/retail unit on the ground floor with basement storage and a wonderful two bedroomed, 2 storey duplex on the first and second floors.

Accommodation

The ground floor comprises of a large retail commercial unit having large display window to the front, rear kitchen/canteen area, rear yard with side access, basement used for storage purposes which has access from the rear gate via a ramp. Ground Floor Retail / Commercial Unit - 53.24m² / 573.07ft² Kitchen Station - 4.16m² / 44.78ft² Basement - 50.68m² / 575.57ft² Toilet - 1.42m² / 15.32 ft² Yard - 14.01m²/761.43ft² Duplex Unit - 70.74m² / 761ft² DUPLEX UNIT The residential element of the building is accessed via a pedestrian door from St. Francis Place with a stairs leading to a landing on the first floor. To the front of the first floor is a large light filled kitchen/living/dining area complete with fireplace, hardwood floors and built-in kitchen counter units with clothes dryer and oven and a free standing fridge. To rear of the first floor is bedroom no. 1, and utility room (under stairs) with washing machine plumbed in. A stairs brings you to the second floor which comprises of the master bedroom with walk-in wardrobe, side window and Velux roof window. COMMENT This property offers itself as an excellent investment property with two potential sources of income from the ground floor retail commercial unit and the upper residential duplex unit or alternatively as an owner occupied building having living accommodation on the upper floors and commercial/retail/office use on the ground floor and basement.

Features

MIXED USE COMMERCIAL/RESIDENTIAL PROPERTY. SITUATED IN THE HISTORIC PART OF LIMERICK CITY. EXCELLENT INVESTMENT OR OWNER OCCUPIER OPPORTUNITY. Security/burglar alarm; emergency lighting; smoke and Co2 alarms; combi boiler.

BER Details

BER: E1

Directions

The property is situated at the junction of Nicholas Street and St. Francis Place and has dual frontage onto both Nicholas Street and St. Francis Place. Neighbouring occupiers include King John’s Castle, Katy Daly’s Pub/Restaurant, Treaty City Brewery and Limerick City and County Council offices.

Disclaimer

These Particulars and Terms are issued by Rooney Auctioneers (Limerick) Limited on the agreed understanding that all negotiations in respect of the property mentioned, are and will be conducted through them.  Whilst every care has been taken in preparing these Particulars and Terms of the said property, Rooney Auctioneers (Limerick) Limited do not warrant these Particulars and Terms or any representations made by them about the property and all intending purchasers/lessees should satisfy themselves as to the correctness and/or accuracy of the information given.  Rooney Auctioneers (Limerick) Limited shall further not be liable for any loss or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.
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Price Changes in Limerick City
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-€45,000 (-7.56%)
€595,000 €550,000
22nd Jul 24
D2
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Rooney Auctioneers
Rooney Auctioneers
Tel: 061 4...
PSRA Licence No. 002593

Date created: Feb 9, 2023

Rooney Auctioneers
Rooney Auctioneers
PSRA Licence No. 002593
Gordon Kearney MSCSI MRICS
Gordon Kearney MSCSI MRICS
Tel: 061 4...
Managing Director
Call Agent: 061 4...