English Language Institute, Thomas Charles Wright Centre, 9 Merchant'S Quay, Drogheda, Co. Louth, A92YP5T
Investment Property
€1,100,000
Beautiful stone warehouse located on the waterfront in Drogheda town centre. For sale with tenant in situ with a rental yield of 9%. The subject property comprises a 4-storey former mill building currently in education use. The property comprises a concrete construction with stone cladding housed under a pitched slatted roof. Fenestration is provided by aluminium framed windows. The property is a protected structure listed under the Louth Development Plan Record of Protected Structures under ref. DB-156. The ground floor currently has planning permission for use as a carpark. The first to fourth floors predominantly comprise of cellular rooms in use as classrooms for the language school. The reception is situated on the second floor while there are kitchen facilities and a hangout area on the fourth floor. Each floor has toilet facilities. The fitout generally comprises suspended ceilings with cat 5 lighting, plaster and painted walls, perimeter trunking, and carpeted flooring and central heating. A stairwell provides access to all floors.
