87-88, The Quay, Waterford

Details

Substantial four storey mixed use property c. 870 sq m on the city quays enjoying a high profile setting facing towards the River Suir and situated within 30 metres from Penneys and City Square Shopping Centre with anchor tenants Dunnes Stores. The property is a prominent feature of the streetscape set slightly forward from the established streetline and enjoys stunning river views from the upper floors. This prime property offers retail accommodation c. 430 sq m at ground level, with first floor c.192 sq m and six high quality modern apartments and storage over the second and third floors. The apartments which have separate access are fully let and include 4 x 1 bed apartments and 2 x 2 bed apartments which were completely refurbished to a high standard in recent years and provide a rental income of approximately €36k p.a. The retail section has the benefit of side access from Conduit Lane. Adjacent occupiers include Fieldmaster, O’Leary Insurance, Educo Gym, GPO, Lloyds hairdressers and Kellys .

According to Waterford City Development Plan 2013-2019 the property is zoned “City Centre Commercial”. The premises is listed as a protected structure under the NIAH .

While the majority of the property requires complete refurbishment, it offers broad open rooms and the opportunity to establish a stunning retail premises in a central location with generous metered parking immediately adjacent.