81 Meaghers Quay, Waterford City, Co. Waterford, X91R266

DESCRIPTION:
TENANT UNAFFECTED
No. 81 The Quay is a three storey Investment Property comprising a ground floor takeaway and two x one bed apartments and one x two bed apartment over three floors with separate door access. Ideally located on the city quays in Waterford City Centre a short walk from the heart of the city with all amenities at hand.

LOCATION:
The property is located on Waterford City Quays within the heart of all retail/finacial/restuarant properties. Notable nearby business are Berkana Cafe, Kelly's, AIB, The Granville Hotel, Penney's, Tara Barbers, Clock Tower Dry Cleaners, Shaws Department Store, to name but a few.

The national bus service is located a short stroll away as is the new footbridge currently being developed to the new Train Station, coming in 2026. Local bus service stops are immediately adjacent to the property also.

Compostion
Ground floor Takeaway of c. 65 Sqm (c. 700 Sq. Ft) which includes a shop floor area, prep area and store room with WC.

To the rear of the property with own door access comprises of Entrance hallway to:
First Floor - One bedroom apartment comprising entrance hall, living room, kitchen/diner, bedroom and shower room. Yielding €750 p.m.

Second Floor - Two bedroom apartment comprising entrance hall, living room, kitchen/diner, two bedrooms and shower room. Yielding €800 p.m.

Third Floor - One Bedroom apartment comprising entrance hall, living room, kitchen/diner, bedroom and shower room.
Currently vacant with potential of €800 p.m

LEASE
Tenant Tik Tok
Start date 20 Sept 2024
Term 10 years
Passing Rent €13,200 per annum
Apartments Rent €28,200 per annum
Total passing rent €41,400 per annum

RATES
City Council Rates €3,200 for 2024




Ground Floor

Shop floor, Prep Area, Store room with WC 65 sqm.

First Floor One Bedroom Apartment

Entrance Hall 3.10 x 1.10.

Living Room 4.13 x 2.15.

Kitchen/Diner 4.37 x 3.46.

Bedroom 1 4.03 x 2.20.

Shower Room 1.78 x 1.01.

Second Floor Two Bedroom Apartment

Entrance Hall 3.10 x 1.10.

Living Room 4.13 x 2.15.

Kitchen/Diner 4.37 x 3.46.

Bedroom 1 4.03 x 2.20.

Bedroom 2 3.86 x 2.06.

Shower Room 1.10 x 1.79.

Third Floor One Bedroom Apartment

Entrance Hall 3.10 x 1.10.

Living Room 2.15 x 4.13.

Kitchen/Diner 4.37 x 3.26.

Bedroom 1

Shower Room 2.05 x 1.10.