14A Cruises Street, Limerick City, Co. Limerick

€1,100,000

Beds
Price	€1,100,000
Property Type	Retail Units
Size	meters²
Energy Rating	BER-C3
Refreshed on	Aug 18, 2025
Eircode	V94P5R7
Group Name	BidX1 Ireland Ltd
Sales License Number	001652

Description

A retail investment. Comprising ground and first floor retail unit. Extending to approximately 346 sq. m (3,724 sq. ft). High footfall location in Limerick City Centre. Let to Foot Locker. Lease expiry 2029. Current rent reserved 180,000 per annum. Net Initial Yield 14.88% The property is arranged over basement ground and first floor only to provide a mid-terrace retail unit. Internally the property comprises an open plan retail unit over ground and first floor. The property is situated on Cruises Street in the heart of Limerick City benefiting from a high volume of footfall. Other notable occupiers in the immediate vicinity include JD Sports,Specsavers, Arthurs Quay Shopping Centre, The Savoy Hotel Limerick and St. Johns Hospital. Total floor area extending to approximately 346 sq. m (3,724 sq. ft) The entire property is at present let to Let to Foot Locker for a term of 35 years from 19/10/1994 at a contractual rent of 180,000 per annum, exclusive of rates and VAT. The lease provides for upward only rent reviews every fifth year and contains full repairing and insuring covenants.

Accommodation

BER Details

BER: C3 800857344 324.07 kWh/m²/yr

Lot Number

Negotiator

Richard Hoey

Auction Location

Online - BidX1

Auction Time

2025-09-17 10:30

Description

Accommodation

BER Details

BER: C3 800857344 324.07 kWh/m²/yr

Lot Number

Negotiator

Richard Hoey

Auction Location

Online - BidX1

Auction Time

2025-09-17 10:30