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Wellington Quay Drogheda, County Louth , A92 NCC6

Asking price €420,000
  • Size 413 m²
  • Ber Rating

Description

FREEHOLD COMMERCIAL INVESTMENT PROPERTY
Approx.  413 SQM / 4,446 SQ FT total gross floor area

*** BUSINESS AS USUAL - TENANTS NOT AFFECTED ***    

Location:
Freehold commercial investment property occupying a high profile trading location on Wellington Quay close to all town centre amenities.

Description:
Substantial two storey commercial property with attractive cut-stone façade and excellent retail frontage to Wellington Quay.  

Restaurant:
Aisha’s Café & Bistro is a Middle-Eastern restaurant occupying part ground floor and entire first floor of the subject property. This fully-fitted & equipped restaurant has been trading successfully at this location for approx. 12 years. Lease: New 15 years lease term from January 2024 at a rent of €30,000 per annum. Rent reviews every 5 years. 

Shop:
Self-contained ground floor shop extending to approx. 34.0 sqm / 369 sq ft. Let to Braza Groceries (sale of Brazilian goods) for a term of 4 years from 29th July 2022 at a rent of €9,000 per annum.

Rear Workshop:
Self-contained workshop unit extending to approx. 44.0 sqm / 477 sq ft. Accessed via the archway from Wellington Quay, this unit has an estimated rental value (ERV) of approx. €4,200 per annum

Rear Yard:
Vacant. Potential to extend the existing commercial building or to rent for car parking use. 

Accommodation:
RESTAURANT
Ground Floor: 66.71 sqm / 718 sq ft reception, pizza takeaway, staff toilet & customer toilets
First Floor: 
Restaurant: 88.28 sqm / 950 sq ft
Kitchen & Preparation Areas: 31.88 sqm / 343 sq
Goods store: 44.4 sqm / 478 sq ft

SHOP: 34.0 sqm / 369 sq ft 
REAR WORKSHOP: 44.0 sqm / 477 sq ft
REAR YARD: 96.0 sqm / 1,033 sq ft

Key Features:
Excellent opportunity to acquire an easily managed town centre commercial investment property with further income potential.
Well-established anchor restaurant tenant with good reputation.
Potential to extend existing building into rear yard / generate car parking income.

Directions:
USE EIRCODE: A92 NCC6

Read More

BER details

BER Rating:

BER No.: 800967655

Energy Performance Indicator: Not provided

Explore Louth The "Wee County", County Louth, may be the smallest county in Ireland but the area is rich in folklore with myths and tales about the brave warrior Cu Chulainn, the Brown Bull of Cooley, Fionn MacCumhaill and the evil Queen Medbh. It is also protected under the European Habitats Directive as an ... Explore Louth
PSRA Licence No: 003766

Get in touch

Use the form below to get in touch with REA O'Brien Collins (Drogheda) or call them on (041) 987 5444

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Buyer Status