Manor Street, Waterford

Summary

Prime City Investment Opportunity - Tenants Not Affected.

No 87/88 Manor Street boasts a thriving commercial unit on the ground floor, currently under a fresh four year, nine month lease generating �21,600 annual income, and two x 2-bedroom apartments above, each commanding �14,400 per year in rental income, both tenanted. The combined rental income is �50,400 for the entire building.
The ground floor houses a commercial unit featuring a reception area, waiting/seating area, kitchen, food prep area, cold room & storage room.
The first floor comprises two 2-bedroom apartments, each with a kitchen, lounge and bathroom.

While the apartments currently present strong rental potential, modernisation would enhance their appeal and rental value going forward.
Located in the heart of Waterford city, this property is perfectly positioned in the hub of activity, offering significant income and future growth potential.

To arrange a viewing contact Sole Agents Barry Murphy Auctioneers on 051 858444.

Floor space:
Commercial unit circa 100m2
Apartment No 1 circa 60.36m2
Apartment No 2 circa 62.02m2

Reference: BMA1004161

Tenant Fees

Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.