The subject property is located on Robert Street, within walking distance from the heart of Limerick City. It is located immediately adjacent to Smyths Bar and Nightclub. The area is mixed use in nature with a large number of both residential and commercial occupiers in proximity to the subject property.
Limerick is the capital of Ireland’ s Mid-West region with an urban and rural hinterland population of over 200,000 and is noted for its shopping, dining and entertainment, its historical significance, as well as its contributions to the arts. Over the last two decades Limerick has become synonymous with Foreign Direct Investment with a range of multinationals coming to the City such as; Regeneron, Vistakon, Edward Sciences, Stryker and Analog to name a few. The immediate city population is approximately 94,000 people.
The subject property is a large six storey random stone building in need of complete repair and refurbishment works. The floor plate of the building extends to approximately 246.8 sq. m (2,657 sq.ft) and is situated on a site area of approximately 0.1 acres (0.04 ha).
The building was constructed circa 1800’s and is steeped in History. It is a limestone warehouse building with heavy massing and large scale. It maintains a link with the area’s industrial past. It was previously occupied by the Limerick Printmakers and the property is well known for this.
The property is registered as a Protected Structure. Ref 62. 21513021. The property should lend itself (subject to Planning Permission) for the refurbishment to a large scale residential or mixed-use development.