LOT 3 – INVESTMENT PROPERTY
FOR SALE
2 William Street, Limerick City
(Tenant Unaffected)
LOCATION
Situated directly opposite Brown Thomas in one of the most
prominent positions in Limerick. Debenhams and Penney’s
are situated nearby.
Retailers in the immediate vicinity also include McDonalds,
Costa, Burger King and Boots.
DESCRIPTION
Modern, purpose built, mid terrace, three storey retail unit.
ACCOMMODATION
sq ft
(approx)
sq m
(approx)
(Areas as per SCS measuring guidance notes)
Ground Floor
992 92.2
First Floor
695 64.6
Second Floor
904 84
ITZA
795 73.9
2 William Street – H. Samuel
TENANCY
Tenant
H. Samuel
Term 35 Year Lease from
May 1989
Rent
€149,400 p.a
Break Date
Passed
Next Rent Review
19/05/2019
Lease Expiry
18/05/2024
COVENANT
H. Samuel
H Samuel is part of Signet Jewellers Limited. The
company’s origins dates from 1862. Signet Jewellers are
quoted on both the London and New York Stock Exchange.
DATA ROOM INFORMATION
Please contact Mr. Barry Noonan, William Fry Solicitors
barry.noonan@williamfry.com for a NDA.
GUIDE PRICE
Guide price of €1,500,000 equates to a net initial yield of
9.5%.
TENURE
Freehold