DescriptionFOR SALE BY TENDER
(On the Instructions of The Receiver Kieran Wallace, KPMG)
Tender Closing Date - Thursday, May 3rd 2012
This Londis store at Quay Street is uniquely located at the entrance to a large residential district on the eastern side of Dundalk Town just off the Dundalk Inner Relief Road, adjacent to Dundalk Port and close to The Irish Army Aiken Barracks. In addition Coes Road Industrial Estate, Blackthorn Business Park and Quayside Business Park are within 300 metres of the property.
Dundalk Town has experienced considerable growth in recent times and has a population extending to over 163,000 within a 12 mile radius of the town centre. In addition Dundalk’s location is a key attraction to major incoming multinational PayPal Inc who will commence operations in 2012 with the promise of up to1000 new jobs. They are joining major multinationals companies including National Pen, Heinz, Xerox, Irish Life, Boylesports and Horseware. The town is also the regional headquarters for Dept of Environment, Dept of Defence and IDA etc.
This property is a large commercial premises extending to c. 1096sq m (11,800sq ft) incorporating a modern Convenience Store, Warehousing and open yard on a site area extending to approx 0.25 hectare (0.6 acre)
The convenience store has established itself as the main neighbourhood centre for a large portion of Dundalk’s population. The store benefits from a modern fit out and extends to c. 3000sq ft retail area. The store provides all modern convenience store attractions including grocery, hot and cold deli, off licence, news agency and lotto agency. There is a large fully fitted kitchen with cold rooms. In addition the local post office is located within the store. The modern fit out includes tiled floor, suspended ceiling with display lighting, CCTV, air-conditioning, security shutters, security and fire alarm systems.
Warehouse / Yard Area
To the rear, there is a large modern warehouse extending to c.817sq m (8,800 sq ft). The warehouse is serviced by two delivery access doors with dock levelers access and a smaller service door with roller shutter. The convenience store and warehouse is jointly serviced by a spacious goods yard which offers potential for future expansion of the shop and warehousing or for additional uses.
A grant of planning permission (Reference LH07/208) exists for an extension to the shop premises together with the provision of additional warehousing with access onto the existing yard area and a rear access onto the Dundalk Port service road network.
Fixtures & Fittings & Equipment
A full inventory of fixtures, fittings and equipment is available on request.
All mains services including 3 phase electricity and gas are connected to the property.
Local Authority Rates
Dundalk Town Council is the Rating Authority for the property. The Rateable Valuation is €392. The current annual rates for 2012 are €26,064.
A full 7 day off sales licence is included in the sale.
We are advised that the property is held freehold.
DirectionsTravelling East from Dundalk, continue along Jocelyn Streetfor 1.5 kilometres to the crossroads at Barrack Street/Seatown junction. Turn left and continue straight through traffic lights crossing the Inner Relief Road. The property is located approximately 150 metres from the traffic lights on the left hand side, identified by a Sherry FitzGerald Carroll 'For Sale' sign.
Viewing DetailsStrictly by appointment only with Sherry FitzGerald Carroll on 042 9332173