- Sale Type: For Sale by Private Treaty
- Overall Floor Area: 2300 sq. ft.
*Tenant Unaffected* Excellent three-storey retail premises of c. 2,300 sq.ft. currently let to '3 Ireland' on a 21 year lease with 6 years remaining unexpired. The premises occupies an excellent position within the retail hub of Waterford City Centre, adjacent to City Square Shopping Centre and a host of high profile retails premises including River Island and Vodafone. The ground floor offers a retail floor plate of c.915 sq.ft. with a further c. 769 sq.ft. at first floor level comprising of offices, staff area and canteen, together with extensive storage of c. 624 sq.ft at second floor level. The building was extensively renovated and modernised in 2006 and is in excellent structural and decorative condition throughout. Passing rent €90,000 p.a. with 6 years unexpired.
The property is located in Blackfriars, a bustling pedestrianised thoroughfare between Arundel Square and Barronstrand St. in Waterford City. It enjoys an excellent retail position with excellent visibility from the Arundel Square area with superb footfall due to its location between two main shopping areas. The property is situated adjacent to the entrance to City Square Shopping Centre and the River Island store and also adjoins the Vodafone store.
Tenant: Hutchinson 3G Ireland Ltd.
Commencement date: Sept. 2006
Term: 21 Years
Passing Rent: € 90,000 P.A.
Reviews: 5 Yearly Upward Only Rent Reviews
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