8 - 11 Conduit Lane, Waterford City, X91V977

FOR SALE: PRIME MIXED-USE INVESTMENT OPPORTUNITY 

Mid-Terrace Property | Retail & Residential | Waterford City Centre

OShea OToole are delighted to present this exceptional opportunity to acquire a high-profile mixed-use investment property in the heart of Waterford City. This impressive mid-terrace building with accommodation over three floors offers a combination of secure rental income and vacant possession of a well-presented residential unit with strong rental or owner-occupier potential. Tenant not affected.

Property Overview
Location: Prominently positioned in Waterford City Centre, surrounded by a mix of retail, hospitality, and residential properties. Conduit Lane is conveniently situated opposite the rear entrance to Penneys and 10 to15 yards from the city square.
Type: Mid-terrace mixed-use building
Configuration: Ground floor commercial unit with self-contained three-bedroom apartment above
Tenure: Freehold

Ground Floor Retail Unit - extending to 116 m2

Currently occupied by Orchid Ladies Boutique, a well-established fashion retailer, this spacious and stylish retail unit benefits from excellent street frontage and visibility.
Features:
Bright, open-plan layout with wooden flooring, extending to 107 sq.m
Attractive timber-framed display windows flanking double-door entrance
Service counter and extensive wall-mounted display fittings
Rear stockroom, small kitchenette, and staff W.C.
Electric storage heating
Tenant in-situ with lease term of 5 years, commenced September 2024. Further details available

Upper Floor Apartment

Accessed via a separate street-level entrance, the upper floors comprise a generously sized three-bedroom apartment in excellent condition, ideal for private rental, short-term letting, or owner occupation.

Accommodation Includes:
Ground Floor Lobby
Private entrance and stair access

First Floor - extending to 76 m2
Bedroom 1
Shower Room with W.C. and wash hand basin
Hallway with laminate flooring and access to flat roof
Living Room with laminate flooring
Bedroom 2

Second Floor - extending to 75 m2
Spacious Living Room
Archway to Kitchen/Dining Room with Velux windows, fitted kitchen units, and ceiling spotlights
Bedroom 3

Additional Features:
Gas-fired central heating
PVC double-glazed windows throughout
Vacant and ready for immediate occupancy

Investment Highlights
Established retail tenant with long-term lease
Potential total rental income estimated in excess of â?¬50,000 per annum
City centre location with strong rental demand
Attractive and well-maintained building

Viewing
Strictly by appointment through sole agents.

BER Details

BER Rating: C1

BER No.: 800535874

Energy Performance Indicator: 819.78 kWh/m²/yr