31 James St, Lagavooren, Drogheda, Co. Louth, A92 FA0X, Drogheda, Co. Louth, A92FA0X

31 james Street, Drogheda High Profile 'Town Centre' Commercial & Residential Investment opportunity! Situated in Drogheda Town Centre on the Dublin Road beside St Marys Church seconds from everything Drogheda has to offer. Located on the high vehicular and foot traffic James Street on the Dublin Road, Behind Scotch Hall Shopping Centre. This property has ample rooms and would suit a medical practice as its current use is, a multi room letting project, multi apartments or a medical practice. • Excellent Town Centre Location with Parking Est. 30,000 plus cars pass by Daily Suit: Medical Use ie. Doctor, Chiropractor, Osteopath, Co Living Accommodation, Apartments Offices, Apartments, Multi let, Hostel etc. • 3 Floors + Ample Rooms (10 in total) • Gf – 3 Rooms + Entrance Hall, 1st Floor 3 Rooms inc. Kitchen, 2nd Floor, 4 Rooms Expected Rental Yields: 1. Retail Unit: €20,000 per annum Upper Floors: €30,000 per annum (As House) Total: €50,000 per annum ROI: 14.29% Let as commercial ground floor unit with seperate house with basic renovations with layout as is 2. Potential Yields if renovated into Apartments. (subj relevant planning) Retail Unit: €20,000 per annum 1st Floor: (1 Bed) = €1,650 per month 2nd Floor: (1 Bed) = €1,650 per month Total: €59,600 per annum (Based on market comparisons) The property has a total ground floor area of 123 m² Over three floors. Overhead comprising of 10 room all perfect for a series of uses. Drogheda is a very busy provincial town with a population of approximately 38,000 (Cencus 2022) plus 40,000 in East Meath. In addition plans are well afoot for 8,000 new homes inside Drogheda’s Northern Environs, imminently bringing another 20,000 people. Price: €350,000 Viewing is highly recommended