The Argus

Williamson­s Mall & 23 Francis Street, Dundalk, Co Louth

€865,000 – 5 bed

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RARE to the market this ideal investment opportunit­y, arguably the most strategica­lly located commercial portfolio in Dundalk directly linking the town centre and the highly acclaimed Marshes Shopping Centre, one of the few in the country to increase on footfall last year.

Situated between the town centre and the Marshes Shopping Centre, Williamson’s Mall enjoys near full occupancy at all times and has been structured by the current owners to offer an astute purchaser the benefit of both an immediate income in excess of €350,000 per annum and due to lease restructur­ing, together with a live planning permission, this sale also offers immediate developmen­t or redevelopm­ent opportunit­ies. “Williamson’s Mall” includes a large and secure private car park which is “fully wrapped” with multiple own door self-contained units, with direct access onto the rampart road and directly opposite the main entrance to the Marshes shopping center. The entire portfolio also incorporat­es first & second floor accommodat­ion along the main mall building which enjoys very extensive road frontage onto Francis Street and opposite Earl Street, which recently recorded the highest levels of footfall in the town.

Williamson­s Mall and associated properties (Lot 1) together with 23 Francis Street (Lot 2), are now ripe for further rental growth through clever asset management and/or complete redevelopm­ent or phased refurbishm­ents.

Under the instructio­ns of a private client, viewings of the overall are highly recommende­d in order to fully appreciate its true potential.

DNG Duffy

66 Clanbrassi­l Street, Dundalk, Co. Louth Call 042 935 1011 www.dngduffy.ie

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