FOR SALE BY PRIVATE TREATY
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FOR SALE BY PRIVATE TREATY
ON THE INSTRUCTIONS OF THE
RECEIVER, MR DAVID O’CONNOR, BDO
A ‘READY TO GO’ NURSING
HOME DEVELOPMENT SITE
WITH PLANNING FOR 150
BEDS
MONEYMORE, DROGHEDA, CO
LOUTH
KEY ASSET HIGHLIGHTS
CURRENT LOUTH COUNTY SITE AREA
AVERAGE FAIR DEAL RATE
€1,030 1.98 ACRES
TOTAL FLOOR AREA EXISTING PLANNING PERMISSION
5,253 SQM 150 BEDS
TURNOVER POTENTIAL EBITDA POTENTIAL
€7.75M €1.95M
▪ Full Planning Permission for a 150 bedroom purpose built part two, part three
storey nursing home.
▪ Immediately adjacent to Our Lady of Lourdes Hospital and the local
Psychiatric Hospital.
▪ Excellent local amenities in the immediate area including Scotch Hall
Shopping centre, cafés, restaurants and bars.
▪ Excellent transport links, less than 3 km from Drogheda Train Station and the
Dublin Road .
A STRATEGIC LOCATION
▪ Drogheda’s 2016 Census results show a sizable
cohort in the 65+ age range (4,580 people)
indicating a requirement for nursing home care
▪ This high profile development opportunity occupies a
prominent location on Twenties Lane, which is
located close to the junction of Windmill Road
▪ It is 1.2 km to the north of Drogheda and is accessed
via Twenties Lane and Windmill Road
▪ The site is located less than 7 km from the east coast
and is within a short driving distance from the north
county Dublin coastal towns of Bettystown, Laytown,
Balbriggan and Skerries
▪ The site is located less than 3 km from Drogheda HOSPITALS KMs
Train station and the 173 Bus Eireann route stops at Our Lady Of Lourdes, Drogheda 0.24km
Moneymore
Beacon Drogheda (outreach clinic) 3.9km
Our Lady’s Hospital Navan 27.8km
Mater Private Hospital 52.3km
Beaumont Hospital 52.4km
CBRE 3 MONEYMORE
DESCRIPTION
▪ The property extends to approximately 0.8 hectares (1.98 acres) and there is an existing 2 storey retail / warehouse building of
approximately 2,598 sq m (27,965 sq ft) on the site
▪ The site is irregular in shape and relatively level throughout. It is bordered by residential estates to the north and west, Cross Lane car
park to the east and Clann GP Medical Practice to the south
▪ The surrounding area provides a mix of residential and local amenity uses including the Our Lady of Lourdes Hospital, a medical
practice, psychiatric hospital, a cemetery, Drogheda Football grounds and Moneymore Sports grounds
CBRE 4 MONEYMORE
ADDITIONAL INFORMATION
PLANNING PERMISSION SERVICES
▪ We understand that all mains services are available to the property, however interested parties are
▪ The subject site benefits from full planning permission for a 150 bedroom nursing required to satisfy themselves on the adequacy and availability of all services to the property
home in a part two, part three storey building with direct access from Twenties
Lane (Louth County Council planning ref: 16326)
VIEWING
ZONING ▪ Viewing is strictly by appointment with the sole selling agents and will be arranged for specific dates
in Spring 2021
▪ The subject site is currently zoned G1- Community Facilities – “to provide for and
protect civic, religious, community education, health care and social infrastructure” ▪ CBRE are the sole selling agents for Moneymore Nursing Home Site. Any queries on the sale should
under the Louth County Development Plan 2015 – 2021 be addressed to the CBRE Healthcare or Development Land team as detailed below
TITLE
▪ We are advised that the property is held on a freehold basis
CBRE 5 MONEYMORE
CONTACTS CORMAC MEGANNETY PETER GARRIGAN MRICS MSCSI MRICS MSCSI DIRECTOR, HEAD OF HEALTHCARE SENIOR DIRECTOR, HEAD OF DEVELOPMENT LAND Contact Details Contact Details Email: cormac.megannety@cbre.com Email: peter.garrigan@cbre.com Phone number: T +353 1 6185589 | M +353 87 7112864 Phone number: T +353 1 6185796 | M +353 87 2636487 CBRE 6 MONEYMORE
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