Property Description

For sale by John Shaw Auctioneers via the iamsold Bidding Platform

Please note this property will be offered by online auction unless sold prior. Vendors may decide to accept pre-auction bids so please register your interest with us to avoid disappointment.


We welcome to the market this well located investment property located at 1 Osmington Terrace nearby to St John's Castle in Limerick City.

The property is made up of two commercial units and three residential units:

One of the ground floor units is let on a long lease to a Chinese takeaway with an annual rent of €36,400 per annum.

The other ground floor retail unit and three overhead residential units are vacant.

The property does require upgrading, however offers investors a fantastic double digit rental yield once renovated.

BER C1 / BER No. 800852741

To VIEW OR MAKE A BID, Contact Jonathan Shaw or iamsold www.iamsold.ie
Auctioneers Comments:
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale.

Note:
These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection, measurement or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property. Properties may be sold via online auction auction and bids made prior the auction may be accepted by the vendors. iamsold and our partner auctioneer will share relevant personal information and transactional updates with each other so that we can effectively market and sell properties including the arrangement of viewings and follow up.

BER Details

Energy Performance Indicator: 0.00 kWh/m2/yr

This property was last updated: yesterday morning