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Price on Application

Demesne Shopping Centre- Investment, Demesne Road, Dundalk, Co. Louth

11897 sq. ft.

Investment Property

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Property Overview

  • Available From: Immediately

Description

  • Sale Type: For Sale by Private Treaty
  • Overall Floor Area: 11897 sq. ft.
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Sherry FitzGerald Carroll are delighted to bring to the market the Demesne Shopping Centre a unique investment opportunity which offers undoubtedly one of Dundalk s finest re-development opportunities in recent years. Strategically positioned just 100 metres from Market Square in Dundalk Town Centre, the development site encompasses a significant regular shaped holding totaling c. 0.4 acres Location: Demesne Shopping Centre is located in a prime Town Centre position convenient to all of the town s principle retail outlets and commercial enterprises and adjacent the refurbished Market Square Description: The Demesne Shopping Centre comprises an imposing multi let commercial investment containing 11 ground floor retail units with two upper floors of office accommodation and a rear yard comprising 2 additional workshop / store units. The total floor area extends approx. 11,897 sq ft. The property has the added benefit of having its own on site customer car parking providing 22 spaces. Established occupiers include Gray s Jewellers, Haughey Pharmacy, E- Cigarettes, Mega Pump, Campbell Medical and Headlines Hairdressers. Tenancies The property is generating a significant income in excess of 122,000 per annum from 9 tenancies with an opportunity to increase revenues through strategic asset management and also future redevelopment (s.p.p) given the low rise building style and site density ratios. The entire is for sale on an investment basis with the tenants remaining unaffected and subject to existing lease agreements. Zoning The property is contained within an area zoned Town Centre Mixed Use . Tenancies Full lease details available on request Title Freehold Price On Application.

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BER Details

C3

BER No: 800733271

Energy Performance Indicator: 866.69 kWh/m2/yr

Statistics

18/04/2021

Entered/Renewed

1,805

Property Views

Daft ID: 5979604

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Brian Carroll

Sherry FitzGerald Carroll

PSR Licence Number: 003177

042-9332173

When to call:

9-6pm Mon-Fri 10-1pm Sat

Sherry FitzGerald Carroll, Stapleton House Stapleton Drive Dundalk Co Louth

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Brian Carroll

042-9332173
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