North Quay, Drogheda, LouthSale Agreed

Investment Property Sale Agreed

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Description

The Leinster Property Auction in partnership with Property Partners John Little

Offered at bids over €720,000

An excellent opportunity to acquire an extensive commercial investment property portfolio as a single lot or multi lot.

Lot 2 combines portfolio of No.13, No.14, No.15a, No.16 and No.17.
No.13 is currently vacant, No.14 is leased at c. €26,762 p.a and No’s 15a, 16 & 17 ground floor is leased to Office Centre at c.€42,000 p.a with vacant self contained office suite overhead.

Prime retail investment opportunity located in centre of Drogheda town. Positioned along North Quay overlooking river Boyne and Scotch Hall shopping centre. This is the main pedestrian route between town centre and Scotch Hall and enjoys excellent footfall.

The property also offers easy access to Dublin and Dublin Airport by way of Mainline Railway Station / M1 Motorway

There is further scope to manage and increase the rental income as any retail vacancies that arise in North Quay are quickly taken up, because of their substantial size, good location and footfall.

Offered in the folling lots:
Lot 1 - Units 11a & 11B - Offered at bids over €330,000
Lot 2 - Units 13, 14, 15a, 16 & 17 - Offered at bids over €720,000
Lot 3 - Entire - Offered at bids over €1.05 Million
FOR MORE INFO ON ANY OF THE ABOVE LOTS PLEASE CONTACT THE LEINSTER PROPERTY AUCTION

BER DETAILS:
Unit 13 - BER D1 / 800450199
Unit 14 - BER C1 / 800450207
Unit 15a - BER G / 800450223
Unit 16 - BER C2 / 800450231
Unit 17 - BER F / 800450215

TO VIEW OR MAKE A BID Contact Property Partners John Little on 041 983 1448 or visit the auction website www.leinsterpropertyauction.ie

Starting Bid and Reserve Price
*Please note all properties are subject to a starting bids price and an undisclosed reserve. Both the starting bid and reserve price may be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold Property Auctions.

Auctioneer's Comments
This property is offered for sale by unconditional auction. The successful bidder is required to pay a 10% deposit and contracts are signed immediately on acceptance of a bid. The buyer will be granted 28 days from the date of exchange to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to this sale, which is operated by The Leinster Property Auction powered by IAM Sold.

Building Energy Rating (BERs)
Building Energy Ratings (BERs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an BER. BERs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.