Lot 5336799, (2) 'The Establishment', Bishops Quay, Limerick City, Co. Limerick

Available From: Immediately
Auction Location: Live Stream Remote Auction FOR SALE BY LIVE STREAM AUCTION DATE TO BE CONFIRMED

Pre-Registration Required In Order to Bid -By Phone or Online

PREVIOUS LICENCE PREMISES & RESTAURANT

O'Donnellan and Joyce are delighted to offer for sale a high profile commercial unit located in the heart of Limerick City.

The subject property occupies a high profile position on Bishops Quay, a busy thoroughfare and one of the main link roads to Limerick City Centre. The property, previously traded as "The Establishment", benefits from prominent frontage and extends over two floors while overlooking The River Shannon.

The property extends to 373 square metres over ground and first floor to provide a modern open plan restaurant / previous licensed premises. The ground floor is entirely open plan with a glass faé§ade fronting onto Bishops Quay with ample seating capacity along with relevant staff facilities. There is an internal staircase leading to the first floor bar area.

The first floor extends to an open plan bar & lounge area with an external balcony terrace area overlooking The River Shannon along with guest toilet facilities.

The property is well equipped with a commercial kitchen, various storgae facilities while also beneiting from two allocated carparking spaces within the undeground carpark.

Riverpoint is a landmark City Centre building which comprises of various commerical businesses along with overhead apartments. Neighbouring occupers include The Limerick City Hotel, McGettigans Bar & Restaurant and Henry Street Garda Station.

Features -

Prominent City Centre investment opportunity
Two allocated carparking spaces
Landmark buidling suitable for a variety of uses
Vacant Possession
In need of internal refurbishment works

Please familarise yourself with the auction process -

€5,000 bidder security fee must be paid in advance in order to bid on the day (if unsuccessful this is fully refunded to you) If you are successful, you are immediately contracted on the drop of the hammer and the non-refundable balance of 10% must be paid immediately (€5,000 of your registration fee forms part of your 10% deposit) Please note that if you are the successful buyer you are liable for a €100 technology charge.

Phone and Online bidding service available and you must pre-register to bid prior to Auction Day - you can register on our website under the auction tab at top of the homepage.

Register for legals on our website under the auction tab at top of the homepage (please note all legals may not be available for download until closer to the auction date - once you have registered you will receive an alert when they do become available). We always advise potential purchasers to have their solicitor review legals prior to bidding.

NOTE: These particulars are not to be considered a formal offer. They are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract, nor to be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, neither O'Donnellan & Joyce Auctioneers nor the vendor accept any liability as to their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars. No person in the employment of O'Donnellan & Joyce Auctioneers has any authority to make or give any representation or warranty whatever in relation to this property.