Lot 5427755, (2) Milk Thistle Kitchen, Mungret, Co. Limerick

Available From: Immediately EXCELLENT OPPORTUNITY TO ACQUIRE AN EXISTING BUSINESS - LEASEHOLD INTEREST.
STRONG TURNOVER ESTABLISHED. EXCELLENT LOCATION CLOSE TO ALL AMENITIES.

Leasehold Interest for sale as a "Going Concern".

The property comprises of a leasehold interest of a ground floor café and first floor kitchen located within the former Mungret College complex.

There is a 10 year lease in place from 2019 (expiring 2029). The current passing rent is €20,800 per annum. The property comprises of an approx. 65/70 seater restaurant with ancillary kitchen equipment, preparation equipment and servicing equipment.

LEASE
The property is held on a 10 years lease from the 1st September 2022 at a current rent of €20,800 per annum.
(rent review 3.00% increase per year in the rent).

RATES
€858.00 per annum.