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89 The Quay, Waterford City, Co. Waterford

€500,000
Investment Property For Sale | 5,000 sq. feet (465 sq. metres)
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Overview

Property Description:

Substantial four storey mixed use property c. 5000 sq ft on the city quays enjoying a high profile setting facing towards the River Suir and situated within 30 metres from Penneys and City Square Shopping Centre with anchor tenants Dunnes Stores.

The property is a prominent feature of the streetscape set slightly back from the established streetline and enjoys stunning river views from the upper floors and will severally benefit in later years with the development of the North Quay.

This prime property offers retail accommodation at ground level currently leased to a hair saloon with an annual rent in the region of 20k. This tenant is not affected. The retail section has the benefit of its location on one of the busiest roads within Waterford City. Adjacent occupiers include Fieldmaster, O Leary Insurance, Educo Gym, GPO and Kellys. This retail unit is suitable for many uses.

The apartments, composing of 3 separate one bedroom self contained apartments with 9ft ceilings have separate access, which are fully vacant and completely refurbished to a high standard in recent years with large windows allowing in high levels of natural sunlight showing off the stunning Quay and river views, on-street parking and provide a rental income of approximately 32k p.a. with a combined total of 55k for the entire property.

To arrange a viewing please call sole agents GMC Auctioneers 051 - 852544

*Note: These particulars are given on the understanding that they will not be construed as part of a contract, conveyance or lease, and that all negotiations take place through GMC Auctioneers. Whilst every care is taken in the complying of the aforementioned information, the information is not guaranteed, and enquirers must therefore satisfy themselves regarding all particulars including measurements.

Daft Property Shortcode:

https://www.daft.ie/5900232

Date Entered/Renewed:

16/10/2019 (5 days ago)

Property Views:

544
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Address:

89 The Quay

Distance to City Centre:

1.3 km (0.8 miles), 10 minute walk
Negotiator Photo

Garreth McCarthy MIPAV

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89 The Quay, Waterford City, Co. Waterford