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87/88 Manor Street, Co. Waterford, X91RX52

  • Auction
  • Ireland
  • Mixed Use
  • Commercial

Guide Price €395,000

Bidder Security €7,000 *fully refundable if unsuccessful bidder
Auction Date 16 April
Bidding Opens 10:30 (GMT+1)
Bidding Closes To be Confirmed

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Property Summary

  • A mixed use building.
  • Comprising a ground floor retail unit together with residential accommodation overhead.
  • Total floor area extending to approximately 221 sq. m (2,379 sq. ft) in total.
  • Located in 450m south of Waterford City Centre. 
  • Retail unit let to an individual t/a Grill Minas House 
  • 4 year 9 month lease from 10th October 2025
  • 2 x two bedroom apartments overhead. 
  • Total rent reserved €50,400 per annum.
  • Net Initial Yield 11.6% 

Contact Us

Richard Hoey
Richard Hoey
Property Agent, here to help.
Ciara Walsh
Vendor's Solicitor

Contact Us

Richard Hoey
Richard Hoey
Property Agent, here to help.
Ciara Walsh
Vendor's Solicitor

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Property description

The property is arranged over ground and two upper floors to provide a mid-terrace mixed use building. Internally the property comprises a ground floor retail unit with 2 x two bedroom apartments overhead. 

The property is located in Waterford City Centre situated on Manor Street at the junction of Castle Street . Surrounding occupiers include the Woodman Bar, NYCD Coffee and the Railway Square Development. 

Tenancy

Please refer to legal documents

Additional Details

FloorAccomodationSq.m   Sq.FtTenacyRent (€ pa.)
GroundRetail Unit 991,065Let to an individual ta/ Grill Minas House on a 4 year 9 month lease from 10th October 2205 € 21,600
First Second 2 Bedroom Apartment60645Tenanted € 14,400
First/Second2 Bedroom Apartment62667Tenanted € 14,400
 Total 2212,377 €50,400
      

 

All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.

VAT

Please refer to Legal Documents

BER Rating

C1 - E1

BER Identification Number

Available From Bidx1

Energy Performance Indicator

530.83 kWh/m²/yr- 312.06 kWh/m²/yr

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*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor. BidX1 is a trading name of BidX1 Ireland Limited. PSRA Registration Number 001652.

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