90 The Quay,
Waterford City Centre, Waterford City
Investment Property
Price €450,000
Contact Purcell Properties
PSR Licence: 001137
+353 51 876 514
Key Information
Price | €450,000 |
Style | Investment Property |
Status | For sale |
Attractive commercial/residential investment opportunity generating combined annual rent in the order of 44,580 per annum. Caroline’s Fitness has traded successfully from the ground floor of the property since 1998 and occupied under a 2 year 6 month lease from Oct 2022 with a passing rent of 18,000 per annum. The residential income from the upper floors comprises in the order of 26,580 per annum. The subject property is located in the heart of Waterford City Centre within comfortable walking distance to John Robert’s Square, City Square Shopping Centre and a host of other high profile retailers.
GROUND FLOOR ACCOMMODATION
Reception Area
Office
Male Changing Room
Female Changing Room
W.C.
Gym
FIRST FLOOR ACCOMMODATION
Flat – 2 Bed.
SECOND FLOOR ACCOMMODATION
Bedsit 1
Bedsit 2
THIRD FLOOR ACCOMMODATION
Bedsit 3
Bedsit 4
RENTAL INCOME
Ground Floor –
18,000 per annum
First Floor-
One/two bed apartment – 690 pcm.
Second Floor –
Bedsit No. 1 – 400pcm
Bedsit No. 2 – 400pcm
Third Floor –
Bedsit No. 3 – 400pcm
Bedsit No. 4 – 325pcm