Commercial Properties for sale in Co. Waterford

Two lock-up retail investments in this city centre location, just off Barronstrand Street. Easily run, high yielding investment properties with excellent tenants who are in occupation for over 20 years with a superb rent-paying record. UNIT 1 – Floor Area – c. 438 sq.ft. (40.68 sq.m.) occupied by the current lessee (Hairdresser) under a 35 year lease from December 1984 – expires December 2019 at a current rent of €12,000 p.a., to be reviewed upwards only. PRICE REGION: €110,000. UNIT 2 – Floor Area – c. 641 sq.ft. (59.54 sq.m) let to a jeweller under a sub-lease from an excellent covenant under a lease of 28 years from October 1988, expires October 2016 at a current rent of €22,300 p.a. with a 3 year rent review pattern linked to CPI, next review October 2014. PRICE REGION: €175,000.

The subject property is situated in the IDA Waterford Industrial Estate on the south western fringes of Waterford City approx. 2.5 kms from the City Centre. The Estate is accessed via several routes which include the predominant access from the Cork Road (R680) whilst the Cleaboy Road provides secondary access to its northern entrance. The Estate is highly accessible and the recently completed M9 Motorway is situated within close proximity. The property comprises two interconnecting industrial facilities. These are capable of sub-division if necessary. The properties are of steel frame construction with concrete block infill walls. They are finished to a good specification with dock levellers, attractive eaves height of c. 8.0 metres and a good office specification. Gas heating and a pressurised sprinkler system is provided throughout. Nearby occupiers included Bausch & Lomb, Teva Pharmaceuticals, Waterford Stanley and Honeywell whilst Waterford Institute of Technology is within close proximity.

*Development Opportunity* - Pre Let Residential Development Site, with full planning permission for ten one bedroom apartments, located on Leamy Street in Waterford. The proposed development which will contain ten generous one bedroom apartments with associated services and common areas, has been pre-let to a blue-chip agency on a twenty year lease, with an annual gross rental income of €66,000. The site represents an ideal investment opportunity for a developer or builder, with guaranteed rental income with fixed revisions. Further details available upon request from sole selling agents DNG Thomas Reid Auctioneers Tel: 051-852233.

Eastman Campus is a large scale manufacturing facility, ideally suited to the Industrial, Healthcare, or Pharmaceutical Sectors, consisting of a 7.56ha site zoned for Industrial use, located 4.5km North West of Waterford City. The site houses the former Eastman facility consisting of 115,000 sq.ft. Industrial building, while is available for immediate occupation in one or more lots. The site has a planning permission for expansion and the main building alone has a minimum 100% expansion capability. The site can easily cater for additional R+D or Segregated Manufacturing buildings within the campus. On site services include Natural Gas, Electricity Supply, Sprinkler and Watermain. Further details available upon request from DNG Thomas Reid Auctioneers Tel: 051-852233. The Eastman Campus is located 12kn from Waterford’s Bellview Port, the third largest LOLO container port in Ireland. It is also 80km from Rosslare Europort, the closest Irish port to Europe and the second largest RORO port in the country. The site is on a strategic corridor between Dublin and Cork which is home for over 40 blue chip companies in the Bio-Pharma and International service’s sectors. The new M9 motorway, completed in 2010, now directly links Waterford with Dublin (M50). This has resulted in cutting the journey time between the two cities to a guaranteed 90 minutes. The road runs through the central spine of both Kilkenny and Carlow and provides quality connectivity between the major population centres of Waterford City, Kilkenny City, and Carlow. It also improves access to Waterford Regional Airport, Waterford Institute of Technology, Waterford Regional Hospital, Carlow Institute of Technology and the various tourist attractions in the region.