10 North Quay, Drogheda, Louth A92TXW7€525,000 EXEMPT

Investment Property For Sale

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Description

"Tenant not affected"
Superb investment opportunity located in centre of Drogheda town directly overlooking River Boyne and Scotch Hall Shopping centre. This 3 story commercial building was substantially renovated approx. 10 years ago and currently comprises of ground floor retail unit currently trading as restaurant along with 2 floors of upgraded office space. The office space has its own independent access and offers potential to convert into apartments (subject to planning). Each floor contains 2 office rooms along with toilet. Two large offices, one on each floor enjoy beautiful light filled aspect and overlook river. The gross internal floor area of the 1st and 2nd floor is approx. 68m2 each.
The ground floor is ideal for several commercial uses and given its excellent location with high footfall, will be constantly in demand from potential tenants. Ground floor measures approx. 67m2 and includes; restaurant area, toilets, prep/kitchen area & store.
North Quay is the main access road from West Street, Shop Street and Laurance shopping centre that leads to D-hotel and Scotch Hall shopping centre ensuring consistent footfall.
Lease details:
Ground floor unit currently leased on 10 year lease commenced 2022 with break clause on year 5 at passing rent of €24,000 p.a.
Office floors are recently vacated, previous rent was €22,800 p.a.

BER Details

BER: Exempt

Documents

Brochure

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