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

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

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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