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mySherryFitz
Asking Price
€1,250,000
€1,250,000
0.61 Acres
6, 8, 10 & 12 Drogheda Street
Balbriggan
Co. Dublin
DUBLIN
Description
Exceptional Town Centre
Redevelopment Opportunity
Site Area c. 0.25 Ha / 0.6175 Acre,
6, 8, & 10 Drogheda Street,
Balbriggan, Co. Dublin.
Redevelopment Opportunity
Site Area c. 0.25 Ha / 0.6175 Acre,
6, 8, & 10 Drogheda Street,
Balbriggan, Co. Dublin.
Rooms
LOCATION
Balbriggan is one of North County Dublin's most dynamic and fastest-growing coastal towns, offering seaside charm, strong transport connectivity, and investment momentum. Positioned as a gateway town on the Dublin-Belfast economic corridor the town enjoys frequent commuter bus & rail services to Dublin city centre, alongside excellent road connections via the M1 to Dublin City, Dublin Airport, and the wider national motorway network via the M50 orbital route.
Balbriggan is currently the focus of a major €25.4 million Government-backed regeneration programme, including a €15 million harbour redevelopment transforming the waterfront into a vibrant new public space which will significantly enhance the town's amenities, commercial vitality, and long-term appeal for residents and visitors.
The town's coastal identity is its greatest assets. Balbriggan Beach, Harbour & Lighthouse, framed by the town's iconic eleven-arch railway viaduct, offers a sandy playground just steps from the town centre with trawlers coming and going from the harbour saluting the towns history. It is also exceptionally well served by sports and community clubs reflecting a strong, active community across all ages. Further amenities include The Lark Theatre, Friday market, Cinema, library, nearby Ardgillan Castle, parkland golf course and coastal walking trails.
Home to Ireland's youngest, fastest growing and most diverse population, Balbriggan combines history, coastal identity and genuine forward momentum making it an increasingly attractive location for builders and investors.
DESCRIPTION The property comprises Nos. 6, 8, 10 & 12 Drogheda St., formerly townhouses but now commercial units at ground floor level, abandoned overhead accommodation together with derelict residential units and a large rear yard - all on a Site Area c. 0.2626 Ha / 0.6488 Acre. The buildings comprise a mix of 1, 2 and 3 storey premises occupying a commanding streetscape on Balbriggan's principal thoroughfare. Collectively they produce c. €46,290 pa offering an immediate return on investment. The overhead residential accommodation is derelict but offers income growth potential through refurbishment/rebuilding. There are stone-faced residential units situated in a courtyard configuration behind the commercial buildings. They have been vacant for several years and have fallen into dereliction. The opportunity exists to repair and refurbish these units and once again add to the potential income stream. To the very rear of the property there is a large vacant yard / site which offers the opportunity for new construction, both commercial and residential opportunities can be explored with Fingal Co. Co. The opportunity for an entirely new development exists Through demolition and rebuilding.
EASEMENTS The property is being sold subject to such rights of way and easements that may affect the same. The Vendor is aware that persons occupying premises on Drogheda St. and Clonard St. appear to access their premises on foot through the property in sale onto Drogheda Street. The details of such access are unknown, and we have not been provided with any documented rights of way.
COMMERCIAL ACCOMMODATION No 6 Drogheda Street Single storey end/tce building in two retail units occupied by Unit 1, Bracken Cabs and Unit 2, Balbriggan Phone & Computer Repairs measuring c. 22.2 sq m and c. 18.5sq m respectively. No 8 Drogheda Street Two-storey end/tce commercial building. The ground floor is occupied by Finger Lickin Chicken while the first floor comprises storage and toilets measuring c. 66.2 sq m and c. 64.7 sq m respectively. Nos. 10/12 Drogheda Street Three storey mid/tce building. The ground floor is occupied by Ozzy’s Barber’s and The Coffee Pot measuring c. 48 sq m and c. 90 sq m respectively with residential overhead accessed independently. All tenants are overholding on foot of expired Lease or License Agreements apart from The Coffee Pot where no Agreement exists – it is accepted that this tenant is in occupation for excess 10 years. In each case a copy of the expired License Agreement exists, and copies are available on request.
RESIDENTIAL ACCOMMODATION We are advised there were previously 9 residential units contained between the overhead accommodation on Drogheda Street and the stone-faced coach houses to the rear, with the possibility of a 10th over No. 8. We have mapped these as best we can on the only layout plan available to us – this has been done for guidance purposes only and is not to be relied on. Note: these residential units are vacant and in extremely poor (derelict) condition (incl. fire damage) and will require extensive rebuilding and refurbishment - refer to photo page. All measurements stated areas and descriptions are provided for information purposes only and are not to be relied on. Intending purchasers must satisfy themselves as to the precise area of all accommodation.
SITE AREA The site area is c. 0.25 Ha / 0.6175 Acre (Ref: Land Registry) and intending purchasers must satisfy themselves it is correct. The opportunity exists to completely demolish the existing structures and create a new town centre development; commercial, residential or mixed use. • All areas indicated in red outline are done so for guidance only and are not to be relied on.
TITLE We are advised a good and marketable Title exists
TOWN PLANNING ZONING OBJECTIVE ‘TC’ TOWN AND DISTRICT CENTRE Objective: Protect and enhance the special physical and social character of town and district centres and provide and/or improve urban facilities. Vision: Maintain and build on the accessibility, vitality and viability of the existing Urban Centres in the County. Develop and consolidate these centres with an appropriate mix of commercial, recreational, cultural, leisure and residential uses, and to enhance and develop the urban fabric of these centres in accordance with the principles of urban design, conservation and sustainable development. Retail provision will be in accordance with the County Retail Strategy, enhance and develop the existing urban fabric, emphasise urban conservation, and ensure priority for public transport, pedestrians and cyclists while minimising the impact of private car-based traffic. In order to deliver this vision and to provide a framework for sustainable development
BER RATINGS Residential - F - G 742.51 To 1532.18 (kWh/m2/yr) Retail - C - G 370.55 To 555.81 (kWh/m2/yr) BER numbers and certificates available from the agent on request.
VIEWINGS Inspections can be facilitated at any reasonable hour, please contact the sole selling agents.
PRICE Offers are invited in the region of €1,250,000.
DESCRIPTION The property comprises Nos. 6, 8, 10 & 12 Drogheda St., formerly townhouses but now commercial units at ground floor level, abandoned overhead accommodation together with derelict residential units and a large rear yard - all on a Site Area c. 0.2626 Ha / 0.6488 Acre. The buildings comprise a mix of 1, 2 and 3 storey premises occupying a commanding streetscape on Balbriggan's principal thoroughfare. Collectively they produce c. €46,290 pa offering an immediate return on investment. The overhead residential accommodation is derelict but offers income growth potential through refurbishment/rebuilding. There are stone-faced residential units situated in a courtyard configuration behind the commercial buildings. They have been vacant for several years and have fallen into dereliction. The opportunity exists to repair and refurbish these units and once again add to the potential income stream. To the very rear of the property there is a large vacant yard / site which offers the opportunity for new construction, both commercial and residential opportunities can be explored with Fingal Co. Co. The opportunity for an entirely new development exists Through demolition and rebuilding.
EASEMENTS The property is being sold subject to such rights of way and easements that may affect the same. The Vendor is aware that persons occupying premises on Drogheda St. and Clonard St. appear to access their premises on foot through the property in sale onto Drogheda Street. The details of such access are unknown, and we have not been provided with any documented rights of way.
COMMERCIAL ACCOMMODATION No 6 Drogheda Street Single storey end/tce building in two retail units occupied by Unit 1, Bracken Cabs and Unit 2, Balbriggan Phone & Computer Repairs measuring c. 22.2 sq m and c. 18.5sq m respectively. No 8 Drogheda Street Two-storey end/tce commercial building. The ground floor is occupied by Finger Lickin Chicken while the first floor comprises storage and toilets measuring c. 66.2 sq m and c. 64.7 sq m respectively. Nos. 10/12 Drogheda Street Three storey mid/tce building. The ground floor is occupied by Ozzy’s Barber’s and The Coffee Pot measuring c. 48 sq m and c. 90 sq m respectively with residential overhead accessed independently. All tenants are overholding on foot of expired Lease or License Agreements apart from The Coffee Pot where no Agreement exists – it is accepted that this tenant is in occupation for excess 10 years. In each case a copy of the expired License Agreement exists, and copies are available on request.
RESIDENTIAL ACCOMMODATION We are advised there were previously 9 residential units contained between the overhead accommodation on Drogheda Street and the stone-faced coach houses to the rear, with the possibility of a 10th over No. 8. We have mapped these as best we can on the only layout plan available to us – this has been done for guidance purposes only and is not to be relied on. Note: these residential units are vacant and in extremely poor (derelict) condition (incl. fire damage) and will require extensive rebuilding and refurbishment - refer to photo page. All measurements stated areas and descriptions are provided for information purposes only and are not to be relied on. Intending purchasers must satisfy themselves as to the precise area of all accommodation.
SITE AREA The site area is c. 0.25 Ha / 0.6175 Acre (Ref: Land Registry) and intending purchasers must satisfy themselves it is correct. The opportunity exists to completely demolish the existing structures and create a new town centre development; commercial, residential or mixed use. • All areas indicated in red outline are done so for guidance only and are not to be relied on.
TITLE We are advised a good and marketable Title exists
TOWN PLANNING ZONING OBJECTIVE ‘TC’ TOWN AND DISTRICT CENTRE Objective: Protect and enhance the special physical and social character of town and district centres and provide and/or improve urban facilities. Vision: Maintain and build on the accessibility, vitality and viability of the existing Urban Centres in the County. Develop and consolidate these centres with an appropriate mix of commercial, recreational, cultural, leisure and residential uses, and to enhance and develop the urban fabric of these centres in accordance with the principles of urban design, conservation and sustainable development. Retail provision will be in accordance with the County Retail Strategy, enhance and develop the existing urban fabric, emphasise urban conservation, and ensure priority for public transport, pedestrians and cyclists while minimising the impact of private car-based traffic. In order to deliver this vision and to provide a framework for sustainable development
BER RATINGS Residential - F - G 742.51 To 1532.18 (kWh/m2/yr) Retail - C - G 370.55 To 555.81 (kWh/m2/yr) BER numbers and certificates available from the agent on request.
VIEWINGS Inspections can be facilitated at any reasonable hour, please contact the sole selling agents.
PRICE Offers are invited in the region of €1,250,000.
BER Information
BER:
C
BER Number: 801182494
Energy Performance Indicator: 370.55 (kWh/m2/yr)
BER Number: 801182494
Energy Performance Indicator: 370.55 (kWh/m2/yr)
About the Area
Balbriggan is a large seaside town in the northern part of Fingal in County Dublin. The 2011 census population was 19,960, as the area experienced a population boom in the early part of the 2000s due to the demand for housing within the wider Dublin region. The area is served by a number of amenities, from schools to supermarkets, and locals have access to an abundance of leisure facilities - including Balbriggan Strand.
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