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Hibernian House

105 Henry Street, Limerick

For Sale
Guide Price: €1,600,000
Property Highlights
Investment Opportunity
Tenants not affected
Prime Office Location in Limerick City
Close to all major road networks
Georgian building with original features and a modern specification
Private secure surface car parking
Current Passing Rent of €122,867
Property Location

The subject property is situated on Henry Street, which has become Limerick's prime office district.  Surrounding office accommodation include, but are not limited to, The Hanging Gardens, Howley's Quay, Carlton House and is adjacent to the Bishops Quay development which is currently under construction with Kirkland Developments.  

Transport infrastructure in the area is served well with the property benefiting from easy access to all major road networks  including the Southern Ring Road and Limerick Tunnel, The M7, M20 and M18.  Shannon Airport is approximately 26km from the subject property.  

Colbert Train Station has regular direct services to Dublin and Cork.

Property Description

The subject property comprises a four story over basement Georgian period building extending to approx. 903 sq.m (9,724 sq.ft.).  The property fronts onto Henry Street overlooking the recently redeveloped "Hanging Gardens" office complex.  Hibernian House also benefits from rear access onto Bishops Quay and the newly developed boardwalk.  There is secure car parking to the front and rear of the building. 

Externally the property is finished with a painted and plastered smooth rendered facade.  The property benefits from its period features such as authentic entrance doorway with columns, sliding sash timber framed windows and cast-iron railings, high ceilings and original cornicing and coving.

Nearby occupiers include, Glass Lewis, Holmes O'Malley Sexton Solicitors, Grant Thornton Accountants, Nordic Aviation and many others.  Internally the property is arranged to provide office accommodation at all levels of the building.  The property provides for a combination of open plan and cellular office accommodation at each level.  The entire building has been tastefully decorated to a modern specification throughout, while maintaining the features of the original Georgian style.

 

Lease Terms

There is a current passing rent of €122,867 per annum.

The lower ground, ground, first and second floor are occupied with the third floor vacant, providing an opportunity to increase the rent roll per annum.

Lease details are available on request.

Property Size/Area
903 Sq.m (9,724 sq.ft.)
Property Status
For Sale
VAT
To be confirmed
BER Grade
Location Map

52.6618452, -8.6307413

QRE Contact

Michael O Connor
Director – Area South West
Colleen O Rahilly SCSI RICS
Senior Surveyor
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