12 Broad Street, Waterford

Sale Agreed

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Price	Sale Agreed
Property Type
Size	361 meters²
Energy Rating	BER-
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Description

Opportunity to acquire excellent investment property in prime city centre location! Location: 12 Broad Street occupies a strategic corner position in Waterford City at the intersection of Broad Street and Peter Street and enjoys significant frontage to both streets. City Square Shopping Centre is located a short distance from the property and is anchored by Dunnes Stores. The Centre also provides a large underground car park. Waterford City is the regional capital of the South-East of Ireland with a population of 53,504. Description: The property comprises of a three-storey over part-basement level, corner building with a single-storey return section. The ground floor and basement consist of a commercial unit. The first and second floors each comprise of a 36 sq. m studio apartment and a 54 sq. m one-bedroom apartment. The property can be more particularly be described as follows: Structure: Pre-cast concrete construction incorporating concrete panelled wall units and concrete block walls. Roof: Flat roof in asphalt covering. Floors: Concrete throughout. Windows: Anodised aluminium with plate glass to the upper floors with a timber shop front installed at ground floor. Tenancy: The ground floor and basement of the property are let to the Governor and Company of the Bank of Ireland for a term of 35 years from 1st September 1990 at a current rental of 83,000pa with 4 years remaining. This unit has been sublet to Claire's Accessories since 2011 for 69,000pa. The four apartments included in the premise have been let to Waterford City & County Council on a 20 year lease with over 18 years remaining. Title: The property is of freehold interest. BER : Apartment 1 & 2 - D1 Apartment 3 & 4 - C1 Commercial Unit - C3

Accommodation

Ground Floor - Bank of Ireland - Front Unit/Retail - 51.6 sq. m Rear Unit/Retail - 25.2 sq. m Basement/Stores - 23.0 sq. m Remainder of Property - Ground Floor Office - 9.7 sq. m First Floor Office - 80.3 sq. m First Floor Store - 3.7 sq. m Second floor Offices - 80.8 sq. m Second Floor Kitchen - 6.0 sq. m

Description

Accommodation

12 Broad Street, Waterford

Sale Agreed

Description

Accommodation

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