Prime gilt edged investment opportunity with full vacant possession

O'Donnellan and Joyce is offering for sale a high profile city centre commercial/residential investment unit located at No 5 Lombard Street.

This is a rare opportunity to acquire a gilt-edged commercial/residential property located in Galway city centre which is suitable for a variety of occupants and can be sub-divided if required, as it contains three separate entrances.

The subject property occupies a high profile position on Lombard Street, a busy thoroughfare which links to Abbeygate Street and Mainguard Street, Galway’s well known and primary retail and commercial destination. Lombard Street is a bustling area and is predominantly a commercial location with a mixture of retail, office, and leisure businesses and No 5 is positioned directly opposite one of Galway city’s most historical landmarks, St Nicholas' Church. This property is very close to the multi-storey car park at Jurys Inn and just down from Market Street parking centre.

No 5 Lombard Street benefits from prominent retail frontage and comprises a self-contained three storey building extending to approximately 362sq m throughout. The ground floor has a self-contained retail unit with independent access which is suitable for a variety of uses. The remainder of the ground floor comprises communal bathroom facilities along with an office suite consisting of three private offices, an open plan boardroom with private courtyard, and a staff kitchenette area. The first floor of the commercial section consists of a further six private offices varying in size and fully equipped with all modern fixtures and CAT5 cabling.

The residential aspect of the building has independent access which leads to two self-contained two bedroom apartments positioned on the second and third floor. The apartments extend to c62sq m and are presented in turnkey condition throughout, and both benefit from independent access off a bright communal staircase and overlook St Nicholas’ Church.

The entire building is serviced by electric heating, is fully alarmed and equipped with CAT5 cabling.

The BER is E2. Asking price is €950,000.

Contact Colm O’Donnellan or Shane McDonagh of O’Donnellan & Joyce auctioneers Ltd on 091 564212 or view online at www.odonnjoyce.com

 

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