Property Location

LOCATION

Drogheda is the largest town in Ireland and the principal urban centre in County Louth, located on the River Boyne approximately 43 km north of Dublin city centre and roughly midway along the Dublin–Belfast Economic Corridor. Census 2022 recorded a town population of 44,135, with County Louth growing 8% in six years to 139,703 residents.

The town is a designated Regional Growth Centre under the Louth County Development Plan and the Eastern & Midland Regional Spatial and Economic Strategy with an adopted target population of 50,000 by 2031. Policy explicitly prioritises compact growth, with a minimum of 30% of new homes to be delivered within the existing built-up footprint through regeneration and brownfield reuse. Strategically positioned town centre buildings of scale are therefore expected to be in significant demand to deliver the required housing growth.

TRANSPORT

Road: Immediately served by the M1 motorway (Euro Route E01), the main Dublin–Belfast corridor, with Dublin city and airport located approximately 40km south of Drogheda.

Rail: Drogheda MacBride railway station lies on the Dublin–Belfast main line, served by Enterprise inter-city services to Dublin Connolly and Belfast Grand Central as well as high-frequency Iarnród Éireann Northern Commuter services. The station is earmarked for inclusion in the planned DART+ Coastal North extension.

Bus: Extensive Bus Éireann and commercial coach services operate along the M1 corridor, including frequent Dublin and Dublin Airport departures.

Maritime: Drogheda Port, operated by Drogheda Port Company, provides commercial marine access on the Boyne.

ECONOMY & OCCUPIER DRIVERS

Drogheda supports a broad employment base including Coca-Cola International Services, State Street International Services, Glanbia and Drogheda Port Company, alongside a substantial public sector presence anchored by Our Lady of Lourdes Hospital. The town functions as the retail, service, healthcare and administrative hub for a large catchment extending across south Louth, east Meath and north Fingal, and is also the gateway to the Boyne Valley and the Brú na Bóinne UNESCO World Heritage Site at Newgrange, 8 km to the west. Critically for this investment, Drogheda has a very substantial commuting population working in Dublin which underpins demand small, affordable, flexible town centre suites for local service businesses, professional practices, community organisations and State-funded agencies.

SITUATION

The property occupies a prominent, effectively island position in the core of Drogheda town centre, with Mayoralty Street to the east and bounded by Bessexwell Lane to the south, Bachelors Lane to the north and Harpers Lane to the west. Mayoralty Street is one of the principal streets in the town centre, immediately adjoining the main retail and civic core and within a few minutes’ walk of West Street, the Boyne Shopping Centre, the courthouse, banks and the full range of town centre amenities.

The site benefits from four separate pedestrian entrances, two directly off Mayoralty Street at the eastern elevation and two to the northern elevation onto Bachelors Lane, together with a dedicated surface car park to the south-west of the site. This combination of a central location, multiple independent access points and on-site parking is rare in a town centre building and is fundamental to the property’s flexibility, both as a multi-let investment and for any future reconfiguration.