A fine 3 storey, town centre commercial Building.
Full of character and with an excellent profile – next to Bank of Ireland.
It commands a development of about 4,000 sq.ft. over 3 floors,
Newly Granted Planning Permission for 3 x 2 bed apartments, a retail unit, and 2 studio apartments
Drawings and planning pack available upon request.
The rebuilding will involve general improving the existing structure and also a new structure around a central courtyard.
It was previously utilised as a Solicitors Office and an Accountants Office.
Would suit those seeking residential accommodation, a solid investment, a builder etc.
There is excellent demand in Drogheda Town for Bed spaces, from Tourists, factory employers for their staff, housing associations, civic accommodation, Language Schools etc. We have prepared brokerage opinion on the letting values and return, which is available to any perspective purchaser on request.
Superb central location in the centre of everything close to St Laurence Shopping Centre.
Summary
Accommodation comprises
1. |
Ground Floor Retail Unit |
|
31 Sqm |
2. |
Ground Floor Apartment No.1 |
2 bed |
88 Sqm |
3. |
First Floor Apartment No.2 |
Studio |
37 Sqm |
4. |
First Floor Apartment No.3 |
2 bed |
88 Sqm |
5. |
Second Floor Apartment No.4 |
Studio |
37 Sqm |
6. |
Second Floor Apartment No.5 |
2 bed |
88 Sqm |
Summary
Accommodation comprises
1. |
Ground Floor Retail Unit |
|
31 Sqm |
2. |
Ground Floor Apartment No.1 |
2 bed |
88 Sqm |
3. |
First Floor Apartment No.2 |
Studio |
37 Sqm |
4. |
First Floor Apartment No.3 |
2 bed |
88 Sqm |
5. |
Second Floor Apartment No.4 |
Studio |
37 Sqm |
6. |
Second Floor Apartment No.5 |
2 bed |
88 Sqm |
Rent Projection
We have prepared a rental assessment of the proposed apartments & Shops, for brokerage purposes, and it amounts to c. €71,000 – to - €80,000 per annum. (please consult your own valuer)
Eircode : A92 NX74
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