Print
€750,000 Sale Agreed
541 sqm
Multi-Unit Investment
1-5 Demesne Shopping Centre
Dundalk
Co. Louth
A91 RY16
Description
Sherry FitzGerald Carroll are delighted to bring to the market, Units 1-5 & 2 vacant floors overhead at 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.
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.
Units 1-5 & 2 Floors Overhead Description:
The Demesne Shopping Centre comprises an imposing multi let commercial investment containing 4 ground floor retail units with two upper floors of office accommodation (currently vacant). The total floor area extends approx. 5,828 sq ft (541sq m). The property has the added benefit of extensive public car parking to the front.
Established occupiers include Gray's Jewellers, Haughey Pharmacy, E- Cigarettes and Mega Pump.
Tenancies
The property is generating a significant income in excess of €53,250 per annum from 4 tenancies with an excellent opportunity to increase revenues through strategic asset management of the vacant floors 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
Inspection and Full Details upon request
BER Information
BER Number: 800733271
Energy Performance Indicator: 866.69
About the Area
Dundalk is the county town and administrative capital of County Louth, situated where the Castletown River flows into Dundalk Bay. The town is close to the border with Northern Ireland and equidistant from Dublin and Belfast. The town's name, which was historically written as Dundalgan, has associations with the mythical warrior Cú Chulainn. In 2003 Dundalk was amongst nine cities and towns to be designated Gateway status in the Irish Government's National Spatial Strategy.
Get Directions 
Advice For Buyers
Buying property is a complicated process. With over 40 years’ experience working with buyers all over Ireland, we’ve researched and developed a selection of useful guides and resources to provide you with the insight you need..
Mortgages
From getting mortgage-ready to preparing and submitting your full application, our Mortgages division have the insight and expertise you need to help secure you the best possible outcome.
Research
Applying in-depth research methodologies, we regularly publish market updates, trends, forecasts and more helping you make informed property decisions backed up by hard facts and information.
