Main Street, Ardee, Louth

Description

Property Description
Hogan Estates are proud to offer for sale by private treaty, this superb 2 storey mixed use development (Ground floor tenant not affected).
Potential rental return is circa €52,000 per annum.
The Investment consists of;
1. Ground floor 196m² retail unit with 49m² of storage currently let on a 20 year lease to Bradleys Pharmacy with a passing rent of €35,000 per annum. (Tenant not affected)
2. 118.5m² of accommodation upstairs which is currently not in use. It consists of a three bedrooms, one bathroom apartment but it could easily be converted into 2 x 2 beds or refurbished in to a fabulous rent producing three bedroomed apartment, or offices.

Location.
Located on the Main Street (N2) in Ardee, Co. Louth, close to its junction with the N52 this property occupies a prominent position in the town, with ample parking on street parking. Neighbouring retail units include Ardee Credit Union, Ardee Post Office, Supevalu, Boylan’s bar & Bistro and Spar.