17 West Street, Drogheda, Co. Louth

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€795,000

Retail Unit For Sale
3,229 sq. feet (300 sq. metres)

Contact Name: Giles Belton

Selling Agent: Sherry FitzGerald Lannon

PSR Licence Number: 001554

Email Agent Call 041 983 8168
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Property Description

** Investment Property**
High Profile Commercial/Residential Investment opportunity situated on Drogheda s main retail and well renowned West Street. Located directly opposite St Peters Church and within 8 doors of Penny s and Dunnes Stores it is seldom that a property such as this in a prime location comes to the market. The property has a total ground floor retail area of 151 sqm with an additional three floors overhead comprising of 3 self-contained large 1 bedroom apartments. The property has been recently completely renovated throughout and is currently yielding a rent of 76,800 pa which will increase to 78,800 in 2022. Retailers in the general area of West Street include Pennys, Dunnes Stores, Tesco, Elvery Sports, Hickeys Chemist, EBS, Flying Tiger. Drogheda is a very busy provincial town with a population of approximately 38,000 located 35 km from Dublin along the M1 motorway and has excellent rail and road links to Dublin and Belfast. Viewing is highly recommended.
Ground floor
Floor Area: 151 sqm
Lease: 15 years from July 2020 with 5 year reviews
Annual Rental Income: 33,000 pa increasing to 35,000 pa in 2022
Upper Floors:
3 upper floors let to private individuals
Leases: New type part 4 leases
Annual Rental Income: 43,800.
Viewing Strictly By Appointment


Retail Unit 6.32 x 18.33.

This property was last updated: today, 4 hours 36 minutes ago


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To: Giles Belton in Sherry FitzGerald Lannon
Subject: Retail Unit For Sale in 17 West Street, Drogheda, Co. Louth
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Selling Agent

Sherry FitzGerald Lannon
42 Shop Street Drogheda Co Louth

Contact Name: Giles Belton

PSR Licence Number: 001554

Call 041 983 8168
This Retail Unit For Sale located at 17 West Street, Drogheda, Co. Louth is currently for sale. This property was last updated by Sherry FitzGerald Lannon today. 17 West Street, Drogheda, Co. Louth is priced as: €795,000 and has 3,229 sq. feet (300 sq. metres). View all properties for sale in Drogheda, Co. Louth. View retail unit for sale in Drogheda, Co. Louth.
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