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90 The Quay, Waterford City, Co. Waterford, X91 FA48

  • Auction
  • Ireland
  • Mixed Use
  • Commercial

Guide Price €380,000

Bidder Security €7,000 *fully refundable if unsuccessful bidder
Register to Bid
Auction Date 27 June
Bidding Opens 09:00 (GMT+1)
Bidding Closes To be Confirmed

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Property Summary

  • City centre mixed use investment. 
  • Comprising ground floor retail unit together with residential accommodation overhead.
  • Ground floor let to Carolines Fitness.
  • Lease Expiry April 2025
  • Fully occupied. 
  • Total current rent reserved €44,580 per annum.
  • NIY 10.66% with reversionary potential. 

Contact Us

Richard Hoey
Richard Hoey
Property Agent, here to help.
richard.hoey@bidx1.com
+353 (0) 85 804 8210
Conor Purcell
Conor Purcell
Joint Agent, here to help.
Conor@purcellproperties.ie
353863858129
Legal Contact
Frank Hutchinson
Vendor's Solicitor
frank.hutchinson@hdkeane.com
051874856

Contact Us

Richard Hoey
Richard Hoey
Property Agent, here to help.
richard.hoey@bidx1.com
+353 (0) 85 804 8210
Conor Purcell
Conor Purcell
Joint Agent, here to help.
Conor@purcellproperties.ie
353863858129
Legal Contact
Frank Hutchinson
Vendor's Solicitor
frank.hutchinson@hdkeane.com
051874856

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Property description

The property comprises a mid terrace, three storey mixed use building in Waterford City Centre. The property is arranged to provide retail accommodation at ground floor level, a 1x one bedroom apartment at first floor level, 2 x bedsits at second floor and 2 x bedsits at third floor. 

The property is situated in Waterford City Centre. Surrounding occupiers inlcude John Robert's Square, City Square Shopping Centre and a host of other high profile retailers. 

Additional Details

UseAccommodationFloorTenancyRent (€ p.a)
RetailNAGroundLet to an individual t/a Carolines Fitness for a term of 2 years 6 months from October 2022.€ 18,000
Residential 1 bedroom FirstTenanted € 8,280
Residential BedsitSecond Tenanted € 4,800
Residential BedsitSecond Tenanted € 4,800
Residential BedsitThird Tenanted € 4,800
Residential BedsitThird Tenanted € 3,900
  Total  € 44,580

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

VAT

Please refer to Legal Documents

BER Rating

Exempt

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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.

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