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Peter Street, Drogheda, Co. Louth in Drogheda, Co. Louth
Commercial & Industrial Tenant in Situ RPZ (2% Cap)

Peter Street, Drogheda, Co. Louth

Peter Street, Drogheda, County Louth

Property Overview

The property comprises an exceptional mixed-use building only recently transformed to the highest modern standards. Comprising : Ground Floor Retail Unit in Shell Form with access to large basement area(Ideal Bar/Restaurant). First Floor – 2 x Spacious Apartments. Second Floor- 2 x Spacious Apartments. Attic with large Room. Being sold with tenants in situ in 4 residential units and Ground Floor/

Location in Ireland

Situated in Drogheda, Co. Louth

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Auction Lifecycle, Reserve & PPR Price History

Complete chronological log of auction events, Advised Minimum Value (AMV) revisions, and Property Price Register matches for this property.

  1. #1
    Auction #1 — Offr.io Fri 20 Nov · 13:11
    AMV: €900,000 PASSED IN
Statutory Irish Open Data Telemetry

Title, Folio & Boundary Due Diligence (Tailte Éireann)

Official Land Registry and INSPIRE Cadastral Parcel intelligence. Irish property auction contracts are unconditional, making title and boundary verification essential prior to bidding.

Land Registry Folio Tailte Éireann
Pending Legal Pack

Folio number not advertised in listing description. Verify Title Deed root or Registry of Deeds memorials in vendor legal pack.

Legal Title Tenure Absolute Ownership
Freehold (Fee Simple)

Outright freehold ownership in perpetuity with zero ground rent liability. Represents the cleanest legal title under Irish conveyancing law.

Cadastral Boundary Plot INSPIRE / PRAI
Standard Plot

Inspect the statutory Land Registry map in the auctioneer's legal pack to confirm marked boundaries.

Title Structure Individual Title
Single Standalone Folio

Standalone registered title with independent direct roadway frontage and boundary demarcation.

⚖️ Conveyancing Solicitor Guidance:

Title Pending Verification: Ensure your conveyancing solicitor examines the Title Deed root (Registry of Deeds vs. Land Registry Folio) in the vendor auction legal pack prior to bidding.

Tailte Éireann LandDirect Portal:
Inspect Folio on LandDirect.ie ↗ Order Official Certified Copy Folio (€5) ↗
SEAI National Building Energy Register

Energy & Building Diagnostics (Official SEAI Register)

Statutory energy efficiency benchmark, thermal heat demand, and decarbonisation pathway to Ireland's National B2 Retrofit Standard.

SEAI BER Certificate ndber.seai.ie
Exempt / Unrated

Standard rating certificate referenced in auction catalogue.

Primary Energy Consumption kWh/m²/year
Pending Assessment

Energy value calculated upon full DEAP survey completion.

Estimated Heating Fuel Type Diagnostic Spec
Central Heating

Primary space and water heating arrangement for the dwelling.

National Retrofit Target Target: B2
B2 Compliance Target

Meets or exceeds Ireland's Climate Action Plan 2030 energy performance standard.

Official SEAI & Advisory Resources:
Verify on National BER Register (ndber.seai.ie) ↗ SEAI Home Energy Retrofit Grants ↗
Statutory Irish Open Data Telemetry

National Planning Applications (NPAD) & BCMS Radar

Official spatial planning history from the Department of Housing & data.gov.ie within ~80m radius. Irish auction contracts are unconditional, making planning permissions, retention history, and adjacent zoning due diligence critical before bidding.

✓ Clear Spatial Radar
Direct Site History data.gov.ie
No Direct Record

No recent digitized planning applications logged directly on this exact street number or cadastral boundary.

Nearby Applications ~80m Radius
0 Applications

Commercial, residential, or infrastructure proposals recorded within the immediate 80-metre buffer of this auction lot.

Refusal Risk Check Low Risk
✓ Clean Record

No planning refusal records detected in the immediate envelope.

Retention History Standard
None Detected

No retrospective retention applications flagged in the immediate spatial search.

📋

No Recorded Planning Applications Within Immediate Area

No digitized planning applications were returned within an ~80m radius on the National Planning Application Database (NPAD). For older structures, prospective purchasers should verify historical local council archives that pre-date digital mapping.

⚖️ Statutory Due Diligence Solicitor Guidance:

Under Irish conveyancing law and standard Law Society of Ireland General Conditions of Sale, auction contracts are unconditional. Bidders are bound immediately upon the fall of the auction hammer or digital countdown close. Prospective purchasers must instruct their conveyancing solicitor to review the vendor's legal pack to confirm: (1) Final Certificates of Compliance with Planning Permissions and Building Regulations (BCMS); (2) Exemption declarations for any rear extensions, sheds, or attic conversions; and (3) Absence of active Section 154 enforcement notices or Section 11 warning letters from the local planning authority.

Statutory Planning & Building Control Portals:
MyPlan.ie National Planning Search ↗ National Building Control (BCMS) ↗ NPAD Open Data (Gov.ie) ↗
Statutory Irish Open Data Telemetry

RTB Tenancies & Rent Pressure Zone (RPZ) Radar

Official Residential Tenancies Board (RTB) statutory compliance, tenancy status, and rent increase restrictions under Irish tenancy legislation. Under unconditional Irish auction contracts, purchasing a property with a tenant in situ legally transfers the existing tenancy and Part 4 security of tenure to the buyer.

⚠️ Tenant in Situ (Part 4 Active)
Tenancy Status Contract Terms
Tenant in Situ

Existing tenancy remains legally active. Tenancy transfers to purchaser with statutory Part 4 security of tenure under the Residential Tenancies Act 2004–2024.

RPZ Designation 2% Annual Cap
Designated RPZ

Co. Louth (Entire County RPZ). Under statutory RPZ rules, annual rent increases are strictly restricted to the lower of 2% per annum or HICP inflation.

Market Rent Benchmark RTB / CSO Index
€1,300 / mo

Standardised Average Monthly Rent from official RTB Rent Index data for a standard residential dwelling in Co. Louth.

⚖️ Statutory RTB & Conveyancing Solicitor Guidance:

Under Irish conveyancing law and standard Law Society of Ireland General Conditions of Sale, auction contracts signed on auction day are unconditional and legally binding. If you purchase a lot with a tenant in situ: (1) You automatically inherit all statutory landlord responsibilities under the Residential Tenancies Acts 2004–2024; (2) Tenants maintain statutory Part 4 security of tenure and indefinite tenancy protection; (3) In Rent Pressure Zones (RPZs), rent increases cannot exceed 2% per annum or HICP inflation; (4) Prospective purchasers must instruct their solicitor to examine the vendor's legal pack for the existing Tenancy Agreement, RTB Registration confirmation, deposit transfer arrangements, rent review histories, and any active RTB dispute notices.

Statutory RTB & Citizen Advisory Portals:
Search RTB Public Register ↗ Official RTB RPZ Calculator ↗ Citizens Information RPZ Guide ↗

Statutory legal conditions under the Land and Conveyancing Law Reform Act 2009, Derelict Sites Act 1990, Housing Act 1966 (CPOs), and Courts Service of Ireland. Irish auction contracts are unconditional upon the fall of the hammer.

✓ Clear Legal & Title Radar
Sale Execution Type Private Vendor
Private Treaty Vendor
Standard private vendor disposition under Law Society General Conditions of Sale.
Derelict Sites Status Not Listed
Not Listed on Register
No recorded municipal derelict site notices or Section 23 market value levies identified.
Compulsory Purchase (CPO) None Recorded
No Active CPO Notices
No local authority or state agency compulsory purchase orders recorded affecting this holding.
Litigation & Title Clearance Clear Title
Clear Title Radar
No active High Court/Circuit Court proceedings or registered judgment mortgages noted.
⚖️ Statutory Conveyancing Solicitor Warning — Unconditional Auction Contracts:

Under Irish conveyancing law and standard Law Society of Ireland General Conditions of Sale, auction contracts signed on auction day are unconditional and legally binding. If purchasing an auction lot (especially receiver sales, derelict properties, or lots with CPO notices), there is no loan approval contingency or post-contract survey negotiation. Prospective purchasers must instruct their solicitor to review the vendor's legal pack for:

  • Unconditional Contract: Auction contracts in Ireland are unconditional and binding upon the fall of the hammer; always have your solicitor review the complete vendor legal pack before bidding.
  • Deposit & Undertaking: Ensure 10% non-refundable auction deposit funds and solicitor undertaking are arranged prior to auction day.
Official Legal & Statutory Due-Diligence Portals:
Courts Service Judgments & Lis Pendens ↗ Iris Oifigiúil Statutory Gazettes ↗ Gov.ie Derelict Sites Guidance ↗ Law Society Conveyancing Rules ↗

Irish Auction Deposit, Stamp Duty & Total Cost Calculator

Estimate your 10% contract deposit due immediately on auction day, Revenue Stamp Duty, legal allowances, and total balance due on closing (typically 28 days).

Non-Residential / Land (7.5%)
€
10% Auction Contract Deposit Due Auction Day
€15,000

Paid immediately upon signing unconditional contracts at the auction.

Irish Revenue Stamp Duty 7.5% (Non-Residential / Land)
€11,250

Revenue Commissioners stamp duty payable on conveyance within 30 days of closing.

Legal & PRAI Registry Allowance Standard Est.
€2,450

Indicative conveyancing solicitor fees, Land Registry/PRAI, and planning search fees.

Balance Due on Closing Typically 28 Days
€148,700

Remaining 90% purchase balance (€135,000) + Stamp Duty + legal fees.

Total Estimated Acquisition Cost: €163,700

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