12 Church Street, Dundalk, Co. Louth, A91 PA97
12 Church Street, Dundalk, Co. Louth, A91 PA97
Price
€425,000
Type
Apartment
Status
For Sale
BEDROOMS
2
BATHROOMS
2
BER
BER No: 801156894
EPI: 540 kWh/m2/yr
Description
12 Church Street Investment Opportunity - (Tenants Not Afftected)
Description
DNG Duffy is delighted to present 12 Church Street to the market, a well-positioned mid-terrace mixed-use investment (Tenants Not Afftected) property offering an established income stream with immediate asset management potential. The property comprises a ground floor retail unit currently occupied by the long-established Home Bakery, together with two self-contained residential apartments overhead.
The entire building is fully let and generating consistent rental income, presenting an attractive opportunity for investors seeking a secure mixed-use asset with future rental growth potential. The combination of established commercial occupation and residential accommodation provides a balanced income profile within a central and accessible location.
Location
12 Church Street occupies a prominent position within the heart of the town centre, benefitting from excellent pedestrian flow and strong local trading activity. Church Street is a well-established commercial and residential setting with a broad range of amenities, services, cafés and retail occupiers all within immediate walking distance.
Its central location ensures continued demand from both residential tenants and commercial occupiers alike, supporting long-term occupancy and investment stability.
Tenancy Schedule
Ground Floor Commercial Unit
Occupied by Home Bakery
Current Rent: 20,000 per annum
Apartment 1
Current Rent: 900 per month
Apt 1 - 38.67m2
Apartment 2
Current Rent: 821.33 per month
Apt 2 - 40.86m2
Investment
This represents an excellent opportunity to acquire a fully income-producing mixed-use investment in a central location with immediate and future growth potential. The current combined passing rent equates to approximately 40,656 per annum, with further upside achievable through the proposed residential rent review.
The strength of covenant provided by the established commercial tenant together with fully occupied residential accommodation creates a resilient and diversified income profile, appealing to both private investors and portfolio purchasers seeking long-term returns.
Note: Potential purchasers are specifically advised to verify the floor areas and any relevant management company details as part of their due diligence. Pictures/maps/dimensions are for illustration purposes only and potential purchasers should satisfy themselves of final finish and unit/land areas. Please note we have not tested any apparatus, fixtures, fittings, or services. All measurements are approximate and photographs provided for guidance only.
Negotiator
Keith Duffy
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