Property Description

The subject property is situated at Lower Mallow St., Limerick City Centre. Lower Mallow St. connects O’Connell St. to Henry St. Neighbouring occupiers include numerous professional services (auctioneers/ insurance companies/ accountants/ solicitors) grind schools, hotels, bars and cafes, etc.

The property comprises a three story over basement (4 storeys in total) terraced commercial property. The building was constructed in the early 90's by Limerick County Council as their motor tax office. The building has been used in recent years as an educational facility. The building was constructed in a modern style with a reinforced concrete floor, concrete stairs, etc. There is a ramp for wheelchair/ disabled access and steps at the Mallow St. entrance. There is a fire escape to the rear of the building. Accommodation on each floor is divided into various rooms/offices. Accommodation is at basement, ground, first and second floors.
The vendor’s architect drafted indicative floor plans showing the potential layout for student accommodation. The layout provides approx. 39 ensuite bedrooms with communal kitchen/living/dining areas. This indicative floor plan included an additional floor being constructed on the building, which will require planning permission. Alternatively, the property could be converted to standard residential apartments (subject to any necessary planning permission).

Offers in excess of €900,000

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or expenses, which may be incurred in visiting the property, should it prove unsuitable or to have been let, sold or withdrawn.

This property was last updated: today, 7 hours ago