Mulgrave St, Limerick City, Co. Limerick, V94C974

Excellent Commercial Investment comprising Takeaway and Retail Unit For Sale. Takeaway - Well established Chinese / European takeaway with lucrative turnover and large catchment population. High profile location close to the city centre (available with vacant possession due to owner retiring). Fully fitted kitchen inclusive of all fixtures & fittings. Option to take over the business or let the takeaway (estimated rental value €30,000 per annum). Also includes Ground Floor Retail Unit Let as a Barber Shop on an informal lease from 2020 at passing rent of €7,800 per annum. Total expected rent of approx. €38,000 per annum. Based on the asking price of €470,000 this would result in an attractive Gross Initial Yield of 8%. Commercial rates: Retail unit €1,000 per annum. Takeaway unit €2,200 per annum Accommodation Ground Floor Takeaway - counter area, fully fitted & equipped kitchen, food prep area, 2 stores, plant room, staff toilets & plant room. Barber shop - retail area, kitchen and toilet. Asking price €470,000