53 Narrow West Street, Drogheda, Louth A92Y94O€400,000
Investment Property For Sale
Description
"Tenants Not Affected"
Development/Investment opportunity
Substantial mixed use property located on Narrow West Street in centre of Drogheda town. The property briefly comprises of 3 story building known as 53 Narrow West Street which includes ground floor retail unit along with overhead 2 bedroom apartment on upper floors. To rear, the property accesses directly onto Old Abbey Lane. The buildings on the Abbey Lane comprise of a mix of derelict stone buildings, a small yard and direct access to the basement of No.53 Narrow West Street. The Abbey Lane is one of the oldest and most historical areas in Drogheda town. The Old Abbey was at the centre of life in this town for over 700 years. The area now forms part of Louth County Councils "West Gate Vision" as part of their development plan
More info on this at www.westgatevision.ie.
The site footprint measures approx. 240 m2 (2500 sq.ft) wit the majority of space open to redevelopment (subject to planning).
The retail unit is currently leased on a 5 year lease commenced approx. Sept 2022 at a passing rent of €7,800 p.a. The apartment is soon to be vacated with previous rent of approx. €12,000 p.a.
Note. all measurements and details are for guidance only and should not be relied on.
Room Details
Shop unit - 8.4m x 4.5m
Canteen/Rear Hall/Toilet - 6.56m x 2.38m
Rear Storage Room - 6.28m x 5.43m
Abbey Lane stone building - 6.69m x 5.18m
stone building with double doors onto Old Abbey Lane
Middle store - 5.79m x 3.2m
derelict stone building
Basement - 9.83m x 7.84m
Front Basement - 3.9m x 4.42m
Upper floor in front basement - 3.38m x 4.77m
toilet, store area
Apartment - m x m
1st Floor
Sitting room 5.79 x 4.43
Kitchen: 3.61 x 2.58
Bathroom: 1.84 x 1.91
2nd Floor:
Bedroom 1: 2.79 x 5.44
Bedroom 2: 3.86 x 2.94
- m x m