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7 Blackfriars, Waterford City, Waterford

€595,000

Retail Units 2300 ft² / 213.68 m² For Sale C3


Description

*Tenant Unaffected* Excellent three-storey retail premises of c. 2,300 sq.ft. currently let to '3 Ireland' on a 21 year lease with 6 years remaining unexpired. The premises occupies an excellent position within the retail hub of Waterford City Centre, adjacent to City Square Shopping Centre and a host of high profile retails premises including River Island and Vodafone. The ground floor offers a retail floor plate of c.915 sq.ft. with a further c. 769 sq.ft. at first floor level comprising of offices, staff area and canteen, together with extensive storage of c. 624 sq.ft at second floor level. The building was extensively renovated and modernised in 2006 and is in excellent structural and decorative condition throughout. Passing rent €90,000 p.a. with 6 years unexpired. LOCATION The property is located in Blackfriars, a bustling pedestrianised thoroughfare between Arundel Square and Barronstrand St. in Waterford City. It enjoys an excellent retail position with excellent visibility from the Arundel Square area with superb footfall due to its location between two main shopping areas. The property is situated adjacent to the entrance to City Square Shopping Centre and the River Island store and also adjoins the Vodafone store. LEASE DETAILS Tenant: Hutchinson 3G Ireland Ltd. Commencement date: Sept. 2006 Term: 21 Years Passing Rent: € 90,000 P.A. Reviews: 5 Yearly Upward Only Rent Reviews

Features

High profile retail premises
Superb primary retail location
Fully let to 3G Ireland
Substantially renovated and modernised in 2006
Excellent office, storage and staff facilities on upper floors

BER Details

BER: C3 BER No.800777856 Energy Performance Indicator:414.38 kWh/m²/yr

Accommodation

Ground Floor: C.85 Sqm / C.915 sq.ft.
Main shop area
WC
Store room
Access to rear yard

First Floor: C.71.5 Sqm. / C.769 sq.ft.
Office 1
Office 2
Staff room / canteen

Second Floor: C. 58 Sqm. / C.624 sq.ft.
Large open plan store area

Documents

Brochure