HomeIrelandWaterfordWaterford City

Unit 12a City Square Shopping Centre, Waterford City

Sale Agreed
Save
Print
Share

Unit 12a City Square Shopping Centre, Waterford City

Sale Agreed

Main image for printing
Beds
Price Sale Agreed
Property Type
Size 0 meters2
Energy Rating BER-
Refreshed on
Eircode

Description

Tenant Not Affected. Strong location on the Peter Street West Mall. The unit is located close to the central circulation point of the centre and access to the basement car park. The property is located directly adjacent to Debenhams. Tenant line up in the centre includes Dunnes Stores, Specsavers, JD Sports, Burger King, River Island, Peter Mark and Game Stop. The unit extends to c. 1,345 sq.ft., but does not include a portion of overall trading store which is in third party ownership. Current rental income of €70,000 per annum.

Directions

City Square Shopping Centre is located in Waterford City Centre, Ireland's oldest and fifth largest city. Waterford City is located 170km south of Dublin and would be considered the main city of Ireland's South-East Region. Waterford City also serves neighbouring counties Wexford, Tipperary, Kilkenny, and Cork. The centre is easily accessible by rail, car and bus, with secure parking for over 500 cars at basement level.

Viewing Information

Description The property comprises of a ground floor retail unit comprising of approximately 1,345 sq.ft. (124.9 sq.m.). Internally, the unit has been fitted to the highest standard by the tenant with tiled floor, air conditioning, recessed lighting and display areas. In addition, the property has the benefit of a low level first floor mezzanine store. Please note, the sale does not include the eastern portion of Mulligan's Pharmacy, known as Unit 13, and this is in third party ownership. The Centre The property is located on the Peter Street West entrance and located near the centre circulation core of the Centre. The scheme is anchored by Dunnes Stores and Debenhams, and has a variety of national and international retailers such as JD Sports, Wallis, Burger King, Specsavers and Peter Mark. Tenancy Tenant: Mulligan's Chemist (City Square) Limited Lease Start: 01 / 07 / 2015 Lease Term: 20 years Lease Expiry (Break Option): 30 / 06 / 2035 (01 / 07 / 2018 and every fifth anniversary from TCD) Passing Rent (pa): €70,000 Mulligan's is a family owned business which commenced trading in 1957 and is 60 years in business next year and compromises of seventeen pharmacies across the counties of Waterford, Kilkenny and Tipperary. The group employs over 180 people and has sister companies in Specsavers Opticians Waterford and The Hanger Ladies Boutique in George's Street. In 2014, the City Square store was voted one of the top 10 stores in Ireland and the leading pharmacy as voted by Retail Excellence Ireland. Viewings Strictly by appointment with the sole selling agents Savills. Contact Isobel O' Regan, + 353 (0) 21 4906344, isobel.oregan@savills.ie Chris O' Callaghan, + 353 (0) 21 4906123, chris.ocallaghan@savills.ie

Description

Tenant Not Affected. Strong location on the Peter Street West Mall. The unit is located close to the central circulation point of the centre and access to the basement car park. The property is located directly adjacent to Debenhams. Tenant line up in the centre includes Dunnes Stores, Specsavers, JD Sports, Burger King, River Island, Peter Mark and Game Stop. The unit extends to c. 1,345 sq.ft., but does not include a portion of overall trading store which is in third party ownership. Current rental income of €70,000 per annum.

Directions

City Square Shopping Centre is located in Waterford City Centre, Ireland's oldest and fifth largest city. Waterford City is located 170km south of Dublin and would be considered the main city of Ireland's South-East Region. Waterford City also serves neighbouring counties Wexford, Tipperary, Kilkenny, and Cork. The centre is easily accessible by rail, car and bus, with secure parking for over 500 cars at basement level.

Viewing Information

Description The property comprises of a ground floor retail unit comprising of approximately 1,345 sq.ft. (124.9 sq.m.). Internally, the unit has been fitted to the highest standard by the tenant with tiled floor, air conditioning, recessed lighting and display areas. In addition, the property has the benefit of a low level first floor mezzanine store. Please note, the sale does not include the eastern portion of Mulligan's Pharmacy, known as Unit 13, and this is in third party ownership. The Centre The property is located on the Peter Street West entrance and located near the centre circulation core of the Centre. The scheme is anchored by Dunnes Stores and Debenhams, and has a variety of national and international retailers such as JD Sports, Wallis, Burger King, Specsavers and Peter Mark. Tenancy Tenant: Mulligan's Chemist (City Square) Limited Lease Start: 01 / 07 / 2015 Lease Term: 20 years Lease Expiry (Break Option): 30 / 06 / 2035 (01 / 07 / 2018 and every fifth anniversary from TCD) Passing Rent (pa): €70,000 Mulligan's is a family owned business which commenced trading in 1957 and is 60 years in business next year and compromises of seventeen pharmacies across the counties of Waterford, Kilkenny and Tipperary. The group employs over 180 people and has sister companies in Specsavers Opticians Waterford and The Hanger Ladies Boutique in George's Street. In 2014, the City Square store was voted one of the top 10 stores in Ireland and the leading pharmacy as voted by Retail Excellence Ireland. Viewings Strictly by appointment with the sole selling agents Savills. Contact Isobel O' Regan, + 353 (0) 21 4906344, isobel.oregan@savills.ie Chris O' Callaghan, + 353 (0) 21 4906123, chris.ocallaghan@savills.ie
Show more...
Map
Satellite ViewStreet ViewCommute Times
MapTiler logo
© MapTiler © OpenStreetMap contributors
Property Services
Find Property Conveyancing Solicitors, BER Assessors, Pre-Purchase Surveyors and Land Registry Surveyors competing for your business.
Mortgage calculator
Calculate the mortgage required for this property
Savills Commercial Cork
Savills Commercial Cork
Tel: 021 4...
PSRA Licence No. 002233

Date created: Aug 3, 2016

Savills Commercial Cork
Savills Commercial Cork
PSRA Licence No. 002233
Call Agent: 021 4...