Unit 13 Seapoint Business Park, Tramore, Waterford X91FY03€270,000 D2

Industrial Units 408 m² / 4392 ft² For Sale

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For Sale (Tenant Not Affected)

Guide Price €270,000

Office building consisting of two separate office units both currently rented generating a combined rent of €30,000 p.a. plus VAT

Ground floor unit floor consists of an open plan office area with store and W.C. measuring c.140m² plus a warehouse area to the rear with roller shutter door measuring c.64m².

The first floor mezzanine is of concrete construction measuring c.204m² and consists of an open plan office, Boardroom, W.C. and Kitchenette.

This is an excellent opportunity to acquire a modern office building in a thriving business park. The property is being sold with the tenants in situ. Based on the current rent the property is generating a gross yield of 11%.
This is an excellent investment opportunity and ideal for a Self-Administered Pension Fund.

Riverstown Business Park is located approximately 2km from Tramore town centre and 11km from Waterford city.

Built : c.2007
Services: Mains water and sewerage
No Management Company in place
Local Authority Rates: Currently being paid by the tenants but c.€2,400 p.a.
Total area: c.408m²

Purchase price is excluding VAT

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