Prime Investment Property
1 West Street, Drogheda, Co Louth.A92 C8X0
Entire Building. Prime Location with maximum foot fall – Excellent trading history.
High Profile Commercial/Residential Investment opportunity situated on Drogheda’s main golden mile .
Number 1 West Street is a prime shop of 55 sq. mtrs , with 3 overhead apartments .
Located between The Tholsel and next door to Hallmark, centrally located on West street . Drogheda Town is a busy provisional town.
The ground floor shop of the property has been recently occupied by 3 Mobile phone shop it has 3 floors above it they are unoccupied with heaps of potential for apartments. Expected rental yield from the ground floor of €50,000 p/a and from the 3 overhead floors if brought back to full use by opening a separate entrance from West Street into the property these could become up to 3 large, 1 bed apartments each yielding a market rent of €1,300+ per month.
Price €700,000
Viewing is highly recommended
Prime Retail Unit -55m2
Wc / Whb - 20m2 ( 215sqft )
Basement - 30m2 ( 322sqft )
1st Floor - 45m2 ( 484sqft )
2nd Floor - 45m2 ( 484sqft )
3rd Floor - 45m2 ( 484sqft )
This is a great opportunity and an excellent long term investment.
The property has a total ground floor shop / store area of 55 m / 5952ft with an additional three floors overhead comprising of c.2 / 3 rooms per floor . There is also a basement , accessed from the shop.
Nearby retailers include, Dunne’s Stores, Penney’s, Tesco, Elvery’s sports, Hickeys Chemist, ESB, to name a few
Contact Frank .
Description : Formerly Known as the 'Kangaroo Club', this unit offers an excellent opportunity to acquire a large commercial unit in the highly sought after Newgrange Business Park, D...
Unit 14b Newgrange Business Park, Drogheda, Louth, A92FX34