Property Description

Commercial Premises with full planning permission for development of 4 apartments.
O’Shea O’Toole are delighted to present this rare opportunity to acquire a mid-terrace two-storey property with full planning permission for conversion and extension works. The property, situated in Ballybricken, a well-established commercial area of Waterford City, is offered for sale by Waterford City and County Council.

Description
The property comprises a two-storey mid-terrace premises, previously used as a sandwich/coffee shop, which has been vacant for a number of years. It is in poor condition throughout and requires full renovation and modernisation.
There is a timber shopfront at ground floor level with a large display window, and two separate entrances from the street, providing the option of independent access to the upper floor – facilitating multi-use of the premises. There is a small rear yard accessible through the building.
Existing accommodation extends to approximately 233 sq.m. and includes a front retail section at ground floor level, food preparation, storage areas and bathroom to the rear, together with upper floor accommodation.

Location
The subject property is located in Ballybricken, within a short walk of Waterford City centre, the main retail areas and public transport facilities. The building is set on a terrace with a pay-and-display public car park to the front. Nearby occupiers include Bar One Bookmakers, the Tap Room pub, Billy Burke Fishmongers and Homesavers Discount Store. The property is opposite the Garda Station and is approximately 350 metres from City Square shopping centre.
Waterford city (population 60,079 per Census 2022) is Ireland’s fifth largest city and the main regional centre in the South-East for commercial and retail services, as well as rail, road, sea and air transport. It is approximately 165 km from Dublin city.

Planning Permission
Planning permission was recently granted (Ref. No. 2560187, Waterford City and County Council) for development consisting of:
The demolition of an existing single storey rear extension;Construction of a single storey/3 storey extension to the rear containing a new accommodation stairs; andConversion of the existing attic storage area for habitable use, to include construction of 3 no. dormer windows to the rear at roof level, together with all associated site works.
Upon completion of the permitted works, the total accommodation will extend to approximately 267 sq.m., with the development designed to provide 2 x one-bedroom apartments (one at ground floor level and one at attic level) and 2 x studio apartments at first floor level.

Sale by Waterford City and County Council
We are instructed to sell this property by Waterford City and County Council. This property is currently on the Council’s Derelict Sites Register. It should be noted that the property must be removed from dereliction and the development works completed and brought back into active use within a timely fashion after the closing date of a sale (c.12 months). Prospective purchasers should satisfy themselves in this regard prior to making an offer.

Making an Offer
If you would like to make an offer for this property please email [email protected] and provide the following information with your offer:
- Confirm if you have viewed the property, and if so, on what date;
- The amount you are willing to offer; and
- How you will finance the purchase if your offer is accepted (e.g. mortgage approval in place, or sufficient cash funds to cover the cost of purchase).
If you have questions relating to this property please email [email protected].

This property was last updated: 5 days ago