INVESTMENT PROPERTY-TENANT NOT AFFECTED. Detached two storey property on a corner site within a popular modern residential development on The Williamstown Road in Waterford city. The property is being sold as an investment property with sitting tenants and presently operates as one of the most popular creches in the city. Situated within minutes walk to Tesco Ardkeen, Ardkeen Stores Shopping Centre, Aldi, Lidl and many more local amenities. The Williamstown Road and nearby Dunmore Road, which is home to University Hospital Waterford, accommodate one of the largest pockets of population in the city, a high percentage being professional and with young families, driving the requirement for this tenancy type. The property is set out specifically to meet the needs of a creche/preschool and ancillary services, offering a high quality and well kept premises approximately 213sq m.
Generous off street parking included together with ample overflow space; gardens set in lawn to rear; pvc double glazed windows throughout; gas fired central heating, alarmed, wheelchair accessible.
24 year, 6 month lease commenced 1st June 2009, 2 year reviews, rent €23,400 per annum plus rates and insurance. Current rent being paid is €16,500 per annum. Further lease details available on request.