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DescriptionLEASEHOLD INTEREST FOR SALE.
Superb opportunity to acquire the leasehold interest in a modern first floor unit presently fitted out as a high quality restaurant in one of the most populated and accessible areas of the city. Situated on the Dunmore Road adjacent to University Hospital Waterford, neighbouring occupiers include Ardkeen Stores, Mulligans chemists, Aldi, Lidl, The Uluru and The Cove bars. With seating for 80, a bar area, external smoking area and a south facing balcony area, a most generous kitchen, the restaurant floor is approximately 266sq m and offers an unrivalled opportunity in a most sought after location. The property is disabled friendly with sole use of lift and has the benefit of ample parking immediately adjacent. The unit has the advantage of planning permission for a significant extension circa 157sq m offering even further possibilities.This is a turnkey opportunity with the majority of fixtures, fittings and equipment includedPlans available on request.
Lease details - 15 years remaining; 5 year rent reviews with next due November 2022; No break clause; Rent presently €30,000 per annum.
We are advised the rates liability for 2018 is €4,752.72.
BER No.: 800644650
Energy Performance Indicator: 1160.06 kWh/m²/yr
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