Property Description

For Sale by Public Auction Prime Licensed Premises, Limerick City

Auction on Thursday 30th October @ 3 pm in our Limerick City Auction Rooms, 25/26 Glentworth Street, Limerick. (Unless previously sold)

This is a rare opportunity to acquire a landmark, seven-day licensed premises located in the heart of Limerick city centre. The Imperial is ideally positioned in a densely populated residential area with excellent local established trade and strong passing footfall. This superb two-storey property is presented in turnkey condition having been meticulously maintained over the years by the current operators.

The ground floor features:

• A substantial front bar: beautifully decorated, tiled flooring, modern seating, fitted bar counter and shelving. Ladies and gents off.
• A spacious lounge area with a feature vaulted ceiling.
• To the rear, a large and attractive function room, ideal for events, which opens onto a private outdoor smoking area.

This property is for sale fully furnished, complete with unique décor, bric-a-brac, sporting memorabilia, and ornaments all adding to its authentic character and atmosphere.The function room offers enormous potential for further development, including the possibility of a food service or restaurant business.This area also provides amble opportunity to host functions and parties.There is a yard to the side and cold rooms in the rear elevated area.

Overhead accommodation comprises a self-contained three-bedroom unit, currently used for storage and administration, but readily adaptable for residential use.

This long-established venue has traded very successfully for many years and represents an exceptional opportunity for an enthusiastic operator to take over a thriving business.

Location Highlights:

• Just a few minutes` walk from Colbert Train & Bus Station
• 10 minutes` walk from Limerick city centre
* High density residential developments nearby
* Very much in turnkey condition
* Excellent existing turnover in wet sales only
* Potential to develop a food business

Inspection is highly recommended to fully appreciate the quality and potential of this property. Genuine reason for selling as vendors retiring after 35 years of very successful trading.

Attending bidders must pre-register prior to the auction. If you wish to bid via online auction on www.lslauctions.com.

You will need to register with GVM Auctioneers at least 3 days before the sale and pay a bidding deposit.

Full details and appointment to view on request. Call Tom Crosse on 087 2547717.

Solicitors: Michael Noonan, Maurice F Noonan & Co, Rathkeale, Co. Limerick.




Front bar - 10.06m (33'0") x 5.05m (16'7") : 50.80 sqm (547 sqft)
With tiled floor, fireplace with pellet stove, modern counter in timber and brick

Spacious lounge - 9.03m (29'8") x 7.05m (23'2") : 63.66 sqm (685 sqft)
With fireplace, pellet stove and games area. Separate street access to this area

Function room - 11.08m (36'4") x 9.05m (29'8") : 100.27 sqm (1079 sqft)
State of the art function room with extensive seating area and ladies and gents off

Outside smoking area

40 ft container/cold rooms



Directions
Enter V94 R83P in your mobile device. GVM sign erected.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

This property was last updated: 188 days ago