Auction
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16 Baileys New Street, Waterford, Co. Waterford, X91 K49W

  • Auction
  • Ireland
  • Apartment
  • Residential

Guide Price €200,000

Bidder Security €4,500 *fully refundable if unsuccessful bidder
Auction Date 22 May
Bidding Opens 10:30 (GMT+1)
Bidding Closes To be Confirmed

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Property Summary

  • A town centre mixed use investment.
  • Comprising a ground floor retail unit together with 2 x flats overhead.
  • Extending to approximately 124 sq. m (1,334 sq. ft) in total.
  • Located on Bailey's New Street in the centre of Waterford City centre.
  • Ground floor let an individual. 
  • 2 year lease from 1st February 2024
  • 2 x flats are occupied.
  • Informal tenancies.
  • Total current rent reserved €14,580 per annum.

Contact Us

Ian McCarthy
Ian McCarthy
Property Agent, here to help.
Eoin Pentony
Vendor's Solicitor

Contact Us

Ian McCarthy
Ian McCarthy
Property Agent, here to help.
Eoin Pentony
Vendor's Solicitor

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Property description

The property is arranged over ground and two upper floors to provide a mid terraced mixed use building. Internally the property comprises a ground floor retail unit together with a two x flats at first and second floor level. 

The property is situated on Baileys New Street within the centre of Waterford City centre. Surrounding occupiers include Theatre Royal Waterford, The Tower Hotel & Leisure Centre, Dunnes Stores and City Square Shopping Centre.

The property is centrally located with easy access to several nearby bus stops served by Bus Éireann and other operators, providing regular services across Waterford City and surrounding areas. Waterford (Plunkett) Train Station is located approximately 1km away and the N25 road provides access to regional routes towards Cork and Rosslare.

Total floor area extending to approximately 124 sq. m (1,334 sq. ft)

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

Additional Details

AccommodationFloorSize sq. m.Size sq. ft.Tenant Lease Current Rent Reserved € p.a.
Retail Unit 1Ground 42 sq. m 452 sq. ft.Let to an individual2 year lease from February 2024€7,200 per annum 
Flat 2 (1 bed)First 41 sq. m 441 sq. ft.Residential Informal€3,840 per annum
Flat 3 (1 bed)Second 41 sq. m 441 sq. ft. Residential Informal €3,540 per annum
Total 124 sq. m 1,334 sq. ft.  €14,580 per annum 

VAT

Please refer to Legal Documents

Additional Information

Please ensure that you have registered and paid your Bidder Security via bank transfer in good time before the auction so that we can ensure you are approved to bid.  

Important: We do not accept Same Day / Urgent payments. Payments must be standard SEPA payments.  

If you are making a payment from outside Europe (e.g. SWIFT payment), please contact us in advance. 

BER Rating

G

BER Identification Number

Available from BidX1.

Energy Performance Indicator

583.61 kWh/m²/yr - 1452.59 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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