Limerick City Development Opportunity

Murphy Gubbins Auctioneers are delighted to present this opportunity to acquire a landmark site in Limerick City. Currently in use as a forecourt and convenience store. Significant alternative use potential including large scale residential development (subject to PP)

Location:

Limerick City is the third largest city in Ireland and is identified as a gateway city in the National Spatial Strategy for the mid-west region. This region encompasses County Limerick, County Clare, north County Tipperary and northwest County Kerry. Transport infrastructure in the area is strong with numerous national roads converging including M7, M20, N24 and N69. Shannon Airport is located approximately 26 km west of the City. Limerick has a strong third level presentation. The University of Limerick is the largest college with a student population of over 13,000. Other colleges include Mary Immaculate College and The Limerick Institute of Technology.

Clare Street connects Limerick City Centre to the Dublin Road and is a main arterial route to Castletroy. The property is located less than one kilometre from the City Centre and surrounding occupiers include The Absolute Hotel, Bons Secours Private Hospital, GGL Security, United Drug and Limerick Art College. There are a number of residential developments such as Lock Mills, Grove Island Student Village and Abbey River Court Apartments in the vicinity. The popular Canal and Riverbank walk begins at the property, this 3.25km shared walkway/cycleway weaves its way through a special area of conservation along the River Shannon from the property to the University of Limerick campus.

The Property

Lock Quay Service Station is an operational convenience store and forecourt with six petrol pumps and a number of ancillary stores. Significant alternative use potential including large scale residential development (subject to planning permission)

Viewing is strictly by appointment only with Murphy Gubbins Auctioneers

 

For more information contact JC Gubbins – jcgubbins@murphygubbins.ie

 

These particulars are issued by name of OMG Commercial Limited TA Murphy Gubbins Auctioneers on the understanding that all the negotiations are conducted through them. These particulars do not constitute, nor constitute any part of, an offer or contract. All statements, descriptions, dimensions, references to condition, permissions or licenses of use or occupation, access and other details are for guidance only and are made without responsibility on the part of name of Murphy Gubbins or the vendor. None of the statements contained in these particulars, as to the property are to be relied upon as statements or representations of fact and any intending purchaser should satisfy themselves (at their own expense) as to the correctness of the information given. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchaser shall be liable for any VAT arising on the transaction. The vendor do not make or give, and neither name of Murphy Gubbins any of their employees has any authority to make or give any representation or warranty whatsoever in respect of this property.

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