Units 1-7 Garryglass Business Park, Old Ballysimon Road, Ballysimon, Limerick

Rare opportunity to acquire a high profile 1.05 ha (2.59 acre). freehold site. The property provides for a mixture of retail warehousing (showrooms) and warehouse accommodation Extending to approx. 4,347sq.m (46,787 sq.ft) GEA. Large car parking area to the front providing approx. 90 no. car parking spaces with ancillary parking, loading areas and yard space located to the side and rear. The property is currently configured as five distinct commercial units (one vacant). Tenants include The Paneling Centre, Luminaire, Slide Deco, and Blue Box (Antiques). Rental income €179,800 p.a from four tenants, with anticipated rental increases at rent reviews, lease renewals, and by leasing Unit 3. Weighted average unexpired lease term (WAULT) of 4.74. The entire is zoned Retail Warehousing under the 2022-2028 Limerick Development Plan, offering long term redevelopment potential (subject to planning permission).