Home Ireland Louth Drogheda 53 Narrow West Street, Drogheda, Louth

53 Narrow West Street, Drogheda, Louth

Sale Agreed A92Y94O
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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.

Rooms

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 - 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
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Price Changes in Drogheda
Property Price Register in Drogheda
€100,000 (15.38%)
€650,000 €750,000
30th Aug 24
-€10,000 (-5.56%)
€180,000 €170,000
20th Jun 24
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Property Partners Little
Property Partners Little
Tel: 041 9...
PSRA Licence No. 002606

Date created: Oct 12, 2023

Property Partners Little
Property Partners Little
PSRA Licence No. 002606
Gary Little
Gary Little
Tel: 086 2...
Call Agent: 041 9...