All units are occupied and let with the below general lease terms:
- Tenant - Waterford City and County Council
- Lease Term - 25 year leases from Nov/Dec 2021
- Rent Review - Three year, HICP linked (Harmonised Indices of Consumer Price Index)
- Tenant Break Option - No
- Rent - €31,440 total Gross Rent p.a.
- Net Operating Income- €30,423
|Property Address||Prop Type||Lease commencement||Term Remaining||Size|
|Annual Rent||Net income|
|27 Francis Street||Hse||31-Dec-21||23.7||570||€10,080||€9,681|
|39 Morrisons Road||Hse||31-Dec-21||23.7||732||€11,040||€10,641|
All intending purchasers are advised to satisfy themselves as to the accuracy of the measurements provided.