BER C1

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A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

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Dearey's / Cumiskey Portfolio, Clanbrassil Street, Dundalk, Co. Louth

€1,000,000
Investment Property For Sale | 66,497 sq. feet (6,178 sq. metres)
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Overview

Property Description:

For Sale in 1 or 2 Lots.

The "Dearey's / Cumiskey Portfolio" comprises a large tract of Town Centre property extending to c. 6,178sq m / 66,500sq ft on a combined site area of c. 0.54 ha / 1.33 acres.

The parade of six commercial buildings are of varying heights and age (c. 1850's) fronting Clanbrassil Street together with a large retail warehouse / industrial premises and yard to the rear accessed via two archways.

Situated on eastern side of Clanbrassil Street with over 70 metres of prime street frontage onto the heart of Dundalk Town, the portfolio which is currently held in 14 units incorporates a range of uses including Retail, Warehouse, Office and Residential areas.

The centre piece of the portfolio is the former James Dearey & Co Department Store, a fine six bay, 3 storey over basement Georgian building with an extensive floor area and retaining many architectural features of note. This important building with the portfolio offers immense opportunities and may be the social focal point of a redeveloped Urban Quarter.

The portfolio is now on offer in 1 or 2 Lots, with majority on vacant possession, affording purchasers an opportunity to regenerate an urban space with Retail, Restaurant, Social, Leisure and Residential uses creating an important Town Centre investment asset for management of subdivision. (subject to permission)

Zoning
The entire Portfolio is zoned "Town Centre Retail" within the Dundalk and Environs Development Plan 2009 - 2015. Within Variation No.1 - Core Strategy, The "Town Centre" is designated as a priority area of development. The Consolidation of Urban Core is a priority and the Town Centre area is the Highest Ranked Development Area. "It is imperative that the redevelopment of Brownfield /Infill sites within the Plan area is encouraged, particularly in the areas targeted for regeneration." (Ref: Core Strategy).

Contents
Please note that the contents are not included with the sale of the property.


Tenure
We understand the property is held freehold.

Rates
We understand a rate liability of €71,000 per annum exists for the current vacant portion of the portfolio.

Record of Protected Structures
Numbers 32/33, 34 and 36 Clanbrassil Street are recorded as a Protected Structures under the Louth County Development Plan 2015 -2021. (D126, D127, D132).

Enforcement Notice
We are advised that an Enforcement Notice is in place on 32-33 Clanbrassil Street, relating to "unauthorised works to the interior of a protected structure".

Measurement
Please note that all measurements are indicative only, as provided by the vendor. All intending purchasers are to satisfy themselves with floor area measurements.

VAT
The vendor advises that VAT is exempt.

BER
C1>G, Exempt.

BER Details

BER C1

What is BER?

A Building Energy Rating (BER) indicates the energy performance of a property. Using a scale of A to G, higher rated homes will have lower energy bills.

Learn more
What's this?
BER No 800430118
Energy Performance Indicator: 716.81 kWh/m2/yr

Daft Property Shortcode:

http://www.daft.ie/5329653

Date Entered/Renewed:

6/11/2017 (35 days ago)

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Address:

Dearey's / Cumiskey Portfolio, Clanbrassil Street, Dundalk, Co. Louth

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Brian Carroll

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Dearey's / Cumiskey Portfolio, Clanbrassil Street, Dundalk, Co. Louth