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11 Peter Street Drogheda, County Louth , A92 C920

Asking price €350,000
  • Size 283.87 m²
  • Ber Rating
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Description

Prominent Commercial & Residential Town Centre Property. Suitable for restaurant / coffee shop use (subject to planning permission). Separate goods / vehicular access from Peter Street to enclosed rear yard.
Approx.  283.87 SQM / 3,056 SQ FT

Location: 
High profile setting on Peter Street in the heart of Drogheda town centre. Situated across from St Laurence Town Centre and with proximity to neighbouring businesses on Peter Street, West Street, Laurence Street & Shop Street.  

Description:
No 11 is arguably the most prominent building on Peter Street. With its imposing double fronted red brick façade, this substantial Freehold town centre property comprises a ground floor retail / shop premises interconnecting with a rear store. A rear yard with interconnecting workshops  has the benefit of direct vehicular access from Peter Street.

Overhead residential accommodation, which extends to approx. 175.8 sqm / 1,893 sq ft over two floors, requires total refurbishment to bring it back to its former glory. Alternatively, given the scope and layout of these upper floors, there is undoubted potential to convert into apartment accommodation.

This sale offers a great opportunity to restore and extend a landmark town centre property whose new owner could avail of the Vacant Property Grant (up to €50,000) or the Derelict Property Grant (up to €70,000). Further information: https://www.gov.ie/en/service/f8f1b-vacant-property-refurbishment-grant/

Potential uses for this property include retail, coffee shop / restaurant (SPP) with apartment accommodation overhead.

Accommodation:
GROUND FLOOR                
Shop, Store & Rear Room: 65.62 sqm / 706 sq ft

REAR WORKSHOP: 73.42 sqm / 790 sq ft 

RESIDENTIAL: 144.83 sqm / 1,560 sq ft
Ground floor hall providing access from Peter Street via yard.

First Floor: 86.69 sqm / 933 sq ft
Kitchen, bathroom, reception rooms & 2 bedrooms

Second Floor: 58.14 sqm / 627 sq ft
3 bedrooms

TOTAL FLOOR AREA: 283.87 SQM / 3,056 SQ FT

Key Features:
Prominent town centre property offering business & residential potential for owner occupiers and investors alike.  

Well established retail / business location.

Opportunity to convert overhead residential accommodation to apartments.

Unique setting with vehicular access from Peter Street to rear enclosed yard.

New owners could avail of the Vacant Property Grant (up to €50,000) & the Derelict Property Grant (up to €70,000), subject to satisfying certain criteria.

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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For Sale