42 Michael Street, Co. Waterford
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Auction
- Ireland
- Mixed Use
- Commercial
Guide Price €230,000
Property Viewings
Book Viewing
Property Summary
- A town centre retail building.
- Comprising ground floor and first-floor retail units.
- Extending to approximately 114 sq. m (1,227 sq. ft) in total.
- Situated on Michael Street, in the heart of Waterford City Centre.
- Surrounded by a strong mix of established retailers and amenities.
- First floor subject to a tenancy at a current rent of €10,400 per annum
- Vacant possession of ground floor unit.
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Property description
The property is arranged over ground and one upper floor to provide an mid terrace retail building. Internally, the property comprises a ground floor retail unit formerly in use as a bookmaker and a first-floor retail unit.
Ideally positioned on Michael Street in the heart of Waterford City Centre, the property occupies a prime retail location within close proximity to the city's principal commercial and shopping destinations. The property is situated less than 150 metres from John Roberts Square, approximately 130 metres from City Square Shopping Centre, and less than 300 metres from The Quay.
The surrounding area benefits from strong footfall and is home to a number of established national and international retailers, including Dunnes Stores, Penneys, The Book Centre, Pandora, Lifestyle Sports, and Dealz, among others
Total floor area extending to approximately 114 sq. m (1,227 sq. ft).
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements
Tenancy
The ground floor is currently available with vacant possession. The first floor is occupied by a tenant on a rolling 12-month lease, who has been in situ since January 2024 with a rent reserve of €10,400 per annum.
VAT
BER Rating
BER Identification Number
800637134
Energy Performance Indicator
1627.36 (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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