For sale
Added 3 days ago
42 Michael Street, Waterford City, X91DR5W
Office (110 sq m)
Asking Price €280,000
Property Overview
Status
For Sale
Style
Office
Property Features
Size
110 sq m (1,184 sq ft)
Marketed by Sherry Fitzgerald John Rohan
PSR Licence: 001001
+353 51 843 880
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Additional Information
42 Michael Street is a two-storey mid terrace retail property extending to approx. 114 sq. m.
Located on Michael Street in the heart of Waterford City, the subject property is conveniently located less that 150m from John Roberts Square, less than 130m to City Square Shopping Centre and less than 300m to the Quay. Close to some popular retail premises including Dunnes Stores, Penney’s, The Book Centre, Pandora, Lifestyle Sports and Dealz.
The property has vacant possession of the ground floor, with the tenant on the first floor is on a rolling 12-month lease, having been in occupation since January 2024.
The tenant on the ground floor who has recently vacated, was a bookie’s and had paid a significant passing rent, this provides the new owner an opportunity to acquire a retail tenant.
This shows the potential rental uplift achievable on the investment.
Travel Time From This Property
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Marketed by Sherry Fitzgerald John Rohan
PSR Licence: 001001
+353 51 843 880
