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mySherryFitz
Asking Price
€300,000 Sale Agreed
€300,000 Sale Agreed
288 sqm
Description
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Sherry FitzGerald John Rohan present an excellent investment opportunity located in the thriving Six Cross Roads Business Park.
LOCATION
The Six Cross Roads Business Park is ideally located in the Southern suburbs on the outskirts of Waterford City, just off the R710 outer ring road beside the Six Cross Roads Roundabout. Its prime positioning means it is easily accessible from the Waterford City By-Pass via the new Southlink Bridge. This further provides access from Waterford to Kilkenny and Dublin via the M9 motorway, Cork and Rosslare via the N25 and Tipperary and Limerick via the N24.
In the immediate area there is a vast mix of retail and industrial property. Across from the Six Cross Roads Business Park is the Musgrave Business Park which holds The Range and Musgraves Marketplace Cash & Carry, while Tesco and Waterford Fire Station are within very close proximity.
Occupiers immediately adjacent include: Ireland Website Design, Graphic Image, Weltec Engineering and Dataworks. While other occupiers within the Business Park include: Swift Print, Enterprise Kitchens and Bedrooms, Brennan Catering Suppliers, Deise Blinds and Shutters, Clem Jacob Hire, Sean O’Tool Carpets, Evoke Kitchens, DB Fitness, TMG Plumbing & Heating Services, Ganaru Jiu Jitsu Academy and the RSA Driving Test Centre.
The area benefits from the 360 bus route which services Tramore, South East Technology Waterford and the city centre, where the nearest stop is less than 500m away.
PROPERTY DESCRIPTION
The property is a 2-storey terraced commercial unit. This substantial unit measures to approx. 3,097 sq ft /287.7 sq. m.
Ground floor accommodation comprises of entrance hall with a fully fitted shop, including reception area with laminate wood floor and spot lighting.
Upstairs there is an internal balcony space which leads to a hallway, office, two bathrooms and an office. Externally the unit benefits from three car parking spaces to the front and over roller shutter door to the front with a separate pedestrian door to the reception/office area. The clear internal height is 5.5m.
TENURE
Freehold Interest
TENANCY
The property is currently leasesd to Effectus Gym until April 2026. With a current passing rent of €25,000 per annum.
The tenant are open to agreeing a new long lease term, this will provide singificant uplift in rental value from April 2026 onwards.
COMMERCIAL RATES
€1,897 per annum.
MANAGEMENT FEES
To be confirmed.
BER
To be confirmed.
VIRTUAL TOUR
Available on request.
Sherry FitzGerald John Rohan present an excellent investment opportunity located in the thriving Six Cross Roads Business Park.
LOCATION
The Six Cross Roads Business Park is ideally located in the Southern suburbs on the outskirts of Waterford City, just off the R710 outer ring road beside the Six Cross Roads Roundabout. Its prime positioning means it is easily accessible from the Waterford City By-Pass via the new Southlink Bridge. This further provides access from Waterford to Kilkenny and Dublin via the M9 motorway, Cork and Rosslare via the N25 and Tipperary and Limerick via the N24.
In the immediate area there is a vast mix of retail and industrial property. Across from the Six Cross Roads Business Park is the Musgrave Business Park which holds The Range and Musgraves Marketplace Cash & Carry, while Tesco and Waterford Fire Station are within very close proximity.
Occupiers immediately adjacent include: Ireland Website Design, Graphic Image, Weltec Engineering and Dataworks. While other occupiers within the Business Park include: Swift Print, Enterprise Kitchens and Bedrooms, Brennan Catering Suppliers, Deise Blinds and Shutters, Clem Jacob Hire, Sean O’Tool Carpets, Evoke Kitchens, DB Fitness, TMG Plumbing & Heating Services, Ganaru Jiu Jitsu Academy and the RSA Driving Test Centre.
The area benefits from the 360 bus route which services Tramore, South East Technology Waterford and the city centre, where the nearest stop is less than 500m away.
PROPERTY DESCRIPTION
The property is a 2-storey terraced commercial unit. This substantial unit measures to approx. 3,097 sq ft /287.7 sq. m.
Ground floor accommodation comprises of entrance hall with a fully fitted shop, including reception area with laminate wood floor and spot lighting.
Upstairs there is an internal balcony space which leads to a hallway, office, two bathrooms and an office. Externally the unit benefits from three car parking spaces to the front and over roller shutter door to the front with a separate pedestrian door to the reception/office area. The clear internal height is 5.5m.
TENURE
Freehold Interest
TENANCY
The property is currently leasesd to Effectus Gym until April 2026. With a current passing rent of €25,000 per annum.
The tenant are open to agreeing a new long lease term, this will provide singificant uplift in rental value from April 2026 onwards.
COMMERCIAL RATES
€1,897 per annum.
MANAGEMENT FEES
To be confirmed.
BER
To be confirmed.
VIRTUAL TOUR
Available on request.
About the Area
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