Drogheda Company Premier Periclase which has suffered badly recently from skyrocketing energy prices resulting in an examiner being appointed by the High Court last month has today announced that it is to sell almost 40 aces of land behind their Boyne Road site.
The land, which has been brought to the market by REA Grimes, is adjacent to the company’s site at Boyne Road, and is zoned E1-General Employment in the Drogheda Borough Council Development Plan 2021 – 2027.
The site is ideally suited for an industrial estate being so close to the Drogheda Port (Premier has its own jetty) and close to the proposed PANCR route. It comes to market with a guide price of €4million or €112,265 per acre.
“This is a proven commercial location, suitable for specialist activities such as industrial manufacturing, storage, logistics and warehousing,” said Paul Grimes of REA Grimes.
“It is located approximately 5.5km from the M1 Motorway, 40km from Dublin Airport and around 50km from Dublin city centre.
“The site is inland from the Boyne, behind the Premier Periclase complex, and is close to the centre of Drogheda.
“It can be accessed on either the L2307, known locally as the Greenhills Road, or via a turn off on the R166, Termonfeckin Road.”
Premier Periclase has operated at Boyne Road, Drogheda, since 1977 and prior to that it was an Irish Cement factory which was one of the town’s top employers since the 1930s.
Premier Periclase currently employs 94 people and sought the protection of the courts due to difficulties caused by rising energy prices.
Neil Hughes of Dublin-based Baker Tilly was appointed examiner to the company on December 16 last year by the High Court – and his appointment was confirmed by the court last month. (Jan22)
REA Grimes will seek formal tenders on Wednesday, March 2, 2022 at 12 noon.
For more information, contact Paul Grimes, 087 225 8678, paul@reagrimes.ie or Siobhan O’Sullivan on 087 969 3132, siobhan@reagrimes.ie
