Description**Prime Retail Opportunity**
The subject property is situated in a high profile location on the Cork Road in Waterford, immediately adjacent to the new Wurth premises. In the surrounding area is the motor mile, Ramada Hotel and the Butlerstown Retail Park which comprises of Harvey Norman, Home Focus, Maxi Zoo and Home Store & More.
The property extends to circa 2,635sq ft of warehouse and storage space on the ground floor. There is an additional storage and office space upstairs of circa 350sq ft. There is ample parking to the side and rear of the unit.
Waterford is the largest urban centre in the South East of Ireland and the fifth largest city in the Republic of Ireland. It has a population of over 53,000 with a population of 603,902 within a 60-minute drive.
The development plan for the city will see considerable growth in Waterford's population and employment base as a driver for metropolitan and regional enterprise growth to 2040. The Waterford City Region has a €21 billion economy with the potential to create 1,000 additional jobs annually. The city has been strategically investing in its economy and seeking rapidly to transform infrastructure to accommodate for growth.
According to analysis conducted by Urbistat, there is a current 604,000 catchment population within a 60-minute drive from Waterford City with a retail expenditure in existing stores at €726m with a current Retail Leakage opportunity of €614mn.
Viewings are highly recommended through Barry Murphy Auctioneers.
Warehouse Area: 14.4m x 14.83m
First Floor Offices & Storage: 9.52m x 14.82m
Ground Floor Toilets & Storage: 7.25mm x 4.45m
BER Rating: C3
BER Number: 800527046 (What is BER?)