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40 Michael Street,

Waterford, X91W899

2 Bed Miscellaneous

Price €380,000

2 Bedrooms

1 Bathroom

1 Reception

Agent Logo

Contact Property Partners Phelan Herterich

PSR Licence: 004163

+353 51 364 052

Property Overview

Status

For Sale

Style

Miscellaneous

Property Features

Energy Rating

BER rating D2

Property Financials

Price

€380,000

Property Engagement

Views Last 7 Days

14

Views Last 30 Days

97

Views All Time

315

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property description image

Features

  • The property features a classic terraced building spread across three levels
  • location benefits from steady pedestrian traffic and convenient metered parking facilities in multip
  • The property is available with vacant possession and is capable of achieving full market rental rate
Prime commercial property situated in an excellent location within Waterford city`s main shopping area. The property features a classic terraced building spread across three levels. Recently upgraded, this property presents an ideal opportunity for investors seeking a ready-to-occupy investment.
Notable nearby businesses include The Shoe Rack, EuroGiant, Dealz, Foot Solutions, TRM, Dunnes Stores, and Waterford City Library. The location benefits from steady pedestrian traffic and convenient metered parking facilities in multiple nearby dedicated car parks.

The ground floor retail space measures approximately 70 square metres, and incorporates storage and kitchen facilities at the rear. Additionally, there is a courtyard and wc accessed from the retail segment. The shop front enjoys prominent display windows onto a busy street.
Above, the independent residential unit, accessed via its own entrance, spans 93 square metres over two floors. The layout comprises a living room, dining area, kitchen, two bathrooms, two bedrooms, and a study. Ample storage space is available. The residential portion includes a spacious deck at the rear, offering complete privacy.
Recent improvements include newly installed flooring throughout and an updated fire alarm system.
ARV is set at 0.2978 for 2025.
BER Rating for retail space is D2 and the BER rating for the apartment above is F.

The property is available with vacant possession and is capable of achieving full market rental rates. BER Rating & Advisory Report are pending.

Main Retail Space
Laminate floor, built in storage shelves

Kitchen
Tiled

Storage Room
Tiled

Apartment - Entrance Hall
Fitted carpets

Living Room
Fitted carpet, featured fireplace


Diner
Vinyl floor, understair storage

Kitchen
Fully fitted kitchen, vinyl floor, integrated Indesit oven and grill, integrated electric hob, fridge, dishwasher

Shower Room
W/C, WHB, Triton t80 electric shower

1st Floor Landing
Fitted carpets

Main Bedroom
Fitted carpets

Room 2
Fitted carpets

Room 3
Fitted carpets, velux window

W/C
W/C, WHB



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Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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