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€990,000 Sale Agreed
The Port Of Waterford Building
2 Georges St
Waterford
Description
This is an established commercial location with professional firms and well established retailers occupying the majority of buildings in the vicinity. Neighbouring occupiers include Shaws, MW Keller solicitors, James F Wallace accountants, Pamela Scott, Evolution (formerly Jack & Jones), Michael Guineys and The Foxy Chopper hairdressers.
The property offers the new purchaser the opportunity to purchase one of the best known buildings in Waterford city. The Port of Waterford Building is a stunning workplace which allows efficiency of work in a professional setting, permitting a business to present itself in its best light to their clients.
Accommodation:
Basement - sympathetically refurbished in 2007, with the addition of original style arches allowing for a more open plan configuration. C235 sq occupied by La Boheme restaurant with 15 years remaining on lease. Current abated rent is 18,000 euro per annum.
Ground Floor – c 190 sq m of office accommodation. Presently vacant
First Floor – bright, comfortable office accommodation c 190 sq m to include reception, boardroom, kitchen, office, wc x 2. The front half of the First floor is occupied by Waterford Chamber of commerce. It is held on foot of a lease which allows the Chamber rent free usage of the space until 2053. The rear half of the first floor is rented by Waterford Chamber for 16,000 per annum.
Second Floor – c 190 sq m office accommodation. Presently vacant.
Third Floor – c 170 sq m office accommodation,
Spacious yard to the rear allowing rear access and parking.
We are advised the rates liability for 2014 is as follows:-
Basement €3,195.36
Ground floor €3,656.52
Pt First floor €3,738.68
Second Floor 2A €871.92
Second Flood 2B €723.24
Second Floor 2C €793.80
Third Floor 3A €1,249.92
Third Floor 3A €393.12
Full lease details available on request. Zoning is City Centre Commercial with the immediate area zoned Core Shopping Area Opportunity Site. BER Exempt.
About the Area
Waterford (Irish: Port Láirge) is the oldest city in Ireland, situated at the head of Waterford Harbour, with a population of 46,732. The city is served by 21 primary schools and 9 secondary schools. River Suir, which flows through Waterford City, has provided a basis for the city's long maritime history. The M9 motorway, connects the city to Dublin. The N24 road connects the city to Limerick city. The N25 road connects the city to Cork city. The route continues eastwards to Rosslare Harbour. Bus services operate throughout the city centre and across the region. Waterford railway station is the only railway station in the county of Waterford.
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Help To Buy Scheme
The property might qualify for the Help to Buy Scheme. Click here to see our guide to this scheme.
First Home Scheme
The property might qualify for the First Home Scheme. Click here to see our guide to this scheme.