Profitable Waterford sports and leisure centre hits market
THE profitable Crystal Sports and Leisure Centre in Waterford is being sold by local sportsman and businessman Pat Rocket, who is also chief coach of the Irish Karate Federation. Mr Rocket says that he has taken the centre as far as he can and now wishes to devote more of his time to the federation with which he travels to international events.
Sales agent Sherry FitzGerald John Rohan is asking €1.5m for the facility which is prominently located on a 2.4-acre site on the Cork Road in Waterford's densely populated western suburbs.
The sports and leisure complex extends to about 2,594sqm and comprises a sports hall, 25m x 10m swimming pool, sauna, steam room and toddler pool, four conference rooms, a two-storey building incorporating bar and function hall, two gyms, a spinning room and large cafe/restaurant area.
While the venue has a drinks licence it only serves alcohol for functions and special events.
It has established relationships with schools, colleges, swimming clubs, safety institutes, outdoor clubs and charities which use its conference rooms and function hall, as well as its other facilities.
It is also popular with families and is the only swimming pool in the city which does not require membership.
Some of the 8,000 students attending Waterford Institute of Technology also frequent Crystal which is only 200m away and nearer to WIT than the institute's own sports facilities.
The site has parking facilities for 100 cars. Although zoned Open Space under the city development plan, John Rohan believes it has development potential in relation to two external units which have a separate road entrance. It also adjoins lands which are zoned commercial.