In the vibrant heart of Limerick, a golden opportunity awaits investors and business visionaries alike. Presenting a remarkable office space nestled in the bustling Limerick City Centre, this property is not just a location; it’s a gateway to the future of commercial success. With its strategic position in Ireland’s fastest-growing city, this office space on Michael Street promises not just an address, but a lifestyle of convenience and prestige.
Situated at 4 & 5 Michael Street, this office space is a gem in the heart of Limerick, where growth and development are part of the everyday landscape. Michael Street is just a stone’s throw away from key landmarks such as O’Connell Street, The Hunt Museum, Limerick Courthouse, Barringtons Hospital, and the Revenue Commissioners’ offices. This central location ensures that all essential amenities and transport links are within easy reach, making it an ideal hub for businesses.
The area is not just about business; it’s about lifestyle too. The renowned Limerick Milk Market is nearby, offering a vibrant mix of local produce and a bustling atmosphere, especially during weekends. Additionally, the upcoming Opera Development Site promises to add further dynamism to this already thriving area, ensuring sustained growth and attraction for businesses in the years to come.
Property Overview and Features
This property comprises a spacious 642 m² of office space, making it an attractive investment for those looking to capitalise on Limerick’s burgeoning market. Currently, the buildings are occupied by two separate tenants, generating a gross rental income of €45,000 per annum. This makes it a compelling option for investors seeking immediate returns.
The property features a unique layout where the ground floors of two buildings have been internally connected, creating a versatile space while maintaining the original front façade and entry points. This clever design allows for seamless integration of the spaces, providing both privacy and accessibility for tenants and clients alike.
Interior and Amenities
The interior of the office space is designed to cater to modern business needs. The ground floor of Number 4 boasts an entrance porch leading to a secure front entrance with a pin pad, providing access to a large reception and client waiting area. This floor also includes an impressive bright reception room and a boardroom, perfect for meetings and conferences.
Number 5 is seamlessly connected to Number 4, offering a fully fitted kitchen with rear door access to a private car park, a bright and spacious board/meeting room, and an office. The first to third floors consist of partitioned offices and open-plan spaces, equipped with WCs and kitchenettes on both the first and second floors. The third floor features an expansive open-plan area, providing flexibility for various office configurations.
Additional amenities include secure parking, toilets, a kitchen area, reception, and meeting rooms, ensuring comfort and convenience for all occupants.
Investment Potential and Energy Efficiency
This office space is not only an immediate income-generating asset but also an environment-friendly one with a C2 Building Energy Rating. The property’s energy efficiency is an added advantage, reducing operational costs and aligning with sustainable business practices.
Priced at €595,000, this property offers significant potential for capital appreciation, especially given Limerick’s continuous development in infrastructure and business relocation. With floor plans available on request, potential buyers and investors can explore the layout to envisage their future workspace.
For more details, click here to view the full ad on FindQo.
Contact Information
For inquiries or to schedule a viewing, please contact Helen McCormack at Helen McCormack Estate Agents. You can reach her via email at [email protected] or by phone at +353 863393766. Viewing is by appointment only, ensuring personalised attention to all interested parties.
🏠 Want to explore more properties like this?
