Wednesday January 29, 2020

Waterford retail park comes to the market with €4.75m price tag

Musgrave Business Park extends to around 8,994 square metres and has surface parking for 300 cars

9th June, 2019

Investors have the opportunity to acquire Musgrave Business Park, a well-let regional retail park in Waterford, currently fully let to two tenants, Musgrave and the Range.

The L-shaped scheme was developed in 2009. It extends to approximately 8,994 square metres and benefits from surface parking for 300 cars.

Musgrave Ltd occupies units 1 and 2 (approximately 5,277 square metres) on a 20-year lease from 2012, featuring fixed rental uplifts of 12.5 per cent every five years. Musgrave currently...

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