3rd Floor, 97 Henry Street, Limerick, Limerick City Centre, Co. Limerick
3rd Floor, 97 Henry Street, Limerick, Limerick City Centre, Co. Limerick
Price
€675,000
Type
Commercial
Status
For Sale
Size
465 sq. m
BER


Description
FOR SALE – Third Floor, 97 Henry Street, Limerick
Guide Price: €675,000
City Centre Office Investment with Five Secure Parking Spaces
Tenants Not Affected
DF Properties Estate Agents, in conjunction with joint selling agents Michael Roberts Auctioneers, are delighted to bring to the market this substantial office investment at 97 Henry Street, Limerick.
Occupying the entire third floor of a five-storey office building, the property extends to approximately 5,000 sq. ft. and benefits from five secure basement car parking spaces, accessed through private electric gates to the rear.
The property offers a central location, lift and stair access, and an established mix of occupiers across the legal, engineering and leisure sectors. Four of the five office suites are currently let, with the remaining suite offering an opportunity to increase rental income.
TENANCY SCHEDULE
Office 1 – Approximately 950 sq. ft.
Let to a leisure operator with a lease running to 2031. Annual rent of €19,250, including one parking space.
Office 2 – Approximately 650 sq. ft.
Currently vacant, with an estimated market rent of €7,000 per annum. Includes one parking space.
Office 3 – Approximately 700 sq. ft.
Let to an engineering firm with a lease running to 2029. Annual rent of €7,618.44.
Offices 4 & 5 – Approximately 2,550 sq. ft.
Let to a legal firm on a 10-year lease commencing in 2023. Annual rent of €25,000, including three parking spaces.
KEY FEATURES
• Entire third floor extending to approximately 5,000 sq. ft.
• Central location on Henry Street
• Five secure basement parking spaces with gated access
• Lift and stair access
• Established tenant mix with existing rental income
• Opportunity to increase income by letting the vacant suite
• Sale subject to existing leases – tenants not affected
An attractive opportunity to acquire a substantial city centre office investment with established occupiers, secure parking and potential for additional rental income.
For further information or to arrange a viewing, please contact joint selling agents DF Properties Estate Agents or Michael Roberts Auctioneers.
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