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IrelandLouthDrogheda"Corcoran's", Dyer Street, Drogheda, Louth

€600,000

"Corcoran's", Dyer Street, Drogheda, Louth

Energy RatingInvestment Property Refreshed on Sep 2, 2020
Eircode: A92FT96
REA O'Brien Collins
REA O'Brien Collins
Tel: 041 987 5444
PSRA Licence No. 003766
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Description

UNIQUE TOWN CENTRE REDEVELOPMENT OPPORTUNITY Approx 545 sqm / 5,866 sq ft buildings on Total Site Area of approx 0.0818 ha / 0.202 acres with enormous development potential in this landmark town centre location. The subject property comprises a substantial block of real estate situated right in the heart of Drogheda town centre with frontage on to Dyer Street and also the River Boyne to which it has an important southerly aspect. Immediately adjacent to all of Drogheda’s many town centre amenities, this landmark property is adjacent to AIB, Wogan’s, the Fitzwilliam Court high-rise development and is midway between Scotch Hall Shopping Centre and West Street, the town’s traditional retail core. This particular stretch of Dyer Street is anchored by the adjoining 6-storey Fitzwilliam Court scheme and the 6-storey Haymarket development a little further along the street. The Town Centre Shopping Centre and Penneys building are located opposite. The property which for decades traded as “Corcoran’s” comprises a series of buildings and yard space stretching back from Dyer Street to the River Boyne. Its front building is laid out in retail use at ground floor with two floors of residential accommodation overhead. Immediately to the rear with separate access from Dyer Street, there is open yard space off which there are several warehouses / storage sheds.

Accommodation

BUILDING FLOOR AREA Ground Floor Retail & Ancillary Shop Stores: 96.1 sqm / 1,034 sq ft Store to rear of shop with access to yard: 10.18 sqm / 110 sq ft Store No 2: 156.93 sqm / 1,690 sq ft Store No 3: 85.44 sqm / 920 sq ft TOTAL COMMERCIAL FLOOR AREA: 348.65 SQM / 3,754 SQ FT External Yard Area from Dyer Street to River Boyne Private Residence: First Floor: 153 sqm / 1,647 sq ft Second Floor: 43 sqm / 463 sq ft TOTAL RESIDENTIAL FLOOR AREA: 196 SQM / 2,110 SQ FT TOTAL SITE AREA: 0.0818 HA /0.202 ACRE DEVELOPMENT POTENTIAL • Ideally suited to high rise – high density scheme of apartments with retail / restaurant at ground floor level. • Key riverside setting with important southerly aspect. • Short term rental income potential from existing retail, residential & warehouse buildings in established town centre trading location. ZONING Under the terms of the current Drogheda Development Plan, the property is zoned “TC: Town Centre: To protect and enhance the special physical and social character of the existing town centre and to provide for new and improved town centre facilities and uses”

BER Details

BER: F