Description

Superb two-storey end of terrace commercial investment property Leased on a long-term 25 year FRI Lease. The property in question comprises a two-storey end of terrace corner building of concrete block construction. The shop is rectangular in shape and totals circa 730 square foot of ground floor accommodation. First Floor currently totals circa 730 square feet and accommodates full preparation area, staff toilets, staff changing rooms and general storage. There is a large side access to a rear yard and store area. The property is currently zoned general business under the 2008 Waterford City Development Plan. Services: Mains water, sewerage, electricity and telephone. Lease: Rent Review: The next rent review is due in October 2008. Rent: Current rent is set at €27,500 per annum. Title: The title to the property is currently leasehold however the Vendors are at present in the process of acquiring the freehold and warrant to complete same prior to the closing of the sale.

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Purcell Properties

www.purcellproperties.ie

Agent Contact Details

• 51 High Street
• Waterford
• Co. Waterford

• Tel: (051) 876514
• Fax: (051) 878855
• Email the Agent

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