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11-15 Merchants Quay, , Drogheda, Co. Louth

Development & Land Property (0.29 acres) For Sale by Private Treaty
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Price €850,000

Features

  • Vibrant riverside commercial location overlooking Scotch Hall Shopping Centre.
  • Appealing old world cut stone warehouse building, which has been repaired and re-roofed.
  • Four large mainly open plan floors of approx. 1,737 sqm (18,700 sqft) on a site of 0.12 ha. (0.29 acres).
  • Mass concrete floors with steel beams. Superb natural light on upper floors with river views.
  • Close to town centre and all urban amenities.
  • Of interest to investors, developers and property funds seeking to purchase a large commercial property with excellent potential for conversion to warehouse style offices and for future lettings.

Location

The property is situated in a commanding high profile position on the north quay close to the town centre and overlooking Scotch Hall Shopping Centre. This is a highly convenient and accessible riverside location in the centre of Drogheda close to the established shopping and business district. The location also enjoys easy access to Dublin and Dublin Airport by way of Mainline Rail within 10 minutes’ walk of the Railway Station; by car - easy access to M1 Motorway. 30 minutes to the Airport and in 40 minutes by Bus to O’Connell Street. The property is within 10 minutes’ walk of the Bus Depot.

Full Description

The property has been substantially repaired and reroofed and the building has been turned into an attractive docklands stone warehouse style open plan offices ready for further landlord and tenant fit out works, subject to planning permission. The floors are of mass concrete with steel girders and there are concrete staircases at both ends of the building. Excellent floor to ceiling heights. There is a goods lift serving all floors. The steel framed windows have been refurbished. The property has the benefit of a rear yard with vehicular access and some car parking. There is on-street car parking in the Merchants Quay area. The property immediately adjoins a refurbished former mill previously in educational use.

Town Planning

The property is situated in an area zoned TCd Docklands under the Louth County Council Development Plan 2011 which runs to until 7/2/17. Under this zoning a great many uses are permitted in principle or open for consideration.
1) The current use is the recent use as workspace for clothing manufacturing with associated offices.
2) Previously planning was granted by An Bord Pleanála (No.PL54.234374) in 2009 to redevelop to provide: a respite centre of 24 assisted living bedrooms lounge, offices, reception, dining, lounge and activities areas, kitchens, storage in 15 en suite apartments.
3) Another planning previously existed for 27 apartments.

Viewing Details

By special appointment with the sole letting agent, Lisney.

Accommodation

    Comprising of 1,737 sqm (18,700 sqft) over 4 floors of mainly open plan offices, spanning the whole width of the property. Each floor measures approx. 8.7m depth by approx. 31.9m in width.

    In addition there are 2 annexes to the rear of approx. 9.95m x 7.2m (71.64 sqm) and 10.95m x 10.95m (120 sqm). To the rear of the property there is a disused 4 storey mill with a footprint of approx. 278 sqm and extending to approx. 1,112 sqm (12,000 sqft).

     

    Title

    We understand that the property is held under freehold title and is offered for sale with full vacant possession. It is contained on Record of Protected Structures. We understand that Vat will apply to the purchase price at the current rate of 13.5%.


    Services

    We understand that all main services including water, electricity, mains drainage and gas are supplied or available to the property.

BER Details

BER: Exempt

Solicitor

Eames Solicitors, 2 Malt House Square, Smithfield, Bow Street, Dublin 7, Ireland. Tel: + 353 (1) 872 5155. Email: info@eames.ie. Attention: Ms. Orla Coyne.

Contact Details

Address: St Stephen's Green House, Earlsfort Terrace, Dublin 2
Telephone: +353-1-638 2700 or you can also email us at dublin@lisney.com

Lisney for themselves and the Vendor/Lessor whose Agents they are give notice that:

1. These particulars do not constitute any part of an offer or contract.

2. All statements contained in these particulars as to this property are made without responsibility on the part of the Agents or the Vendor/Lessor and none of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact.

3. The particulars, various plans, photographs, dimensions, references to condition and permissions for use and occupation  are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending Purchasers or Tenants shall satisfy themselves by inspection or otherwise as to correctness of each of them. No omission, accidental error or misdescription shall be ground for a claim for compensation or for the rescission of the contract by either the Vendor/Lessor or the Purchaser/Tenant.

  4. Neither the Vendor/Lessor nor Lisney nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to the property. 5. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the Purchaser/Tenant shall be liable for any VAT arising on the transaction. PSRA No. 001848.

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.