THE Londis Store on Quay Street has been put up for tender by the receiver, Kieran Wallace of KPMG.
The store was formerly owned by well known Dundalk man Peter Dixon, who is recently deceased.
Local estate agent Brian Carroll of Sherry FitzGerald has given a guide price on the store of €775,000, which has been set out as a target price for public tenders.
The closing date for tenders is the 3 May and interest is expected to be high surrounding the retail outlet.
Speaking in the national media this week Mr Carroll says the store enjoys a lucrative turnover in a “densely populated eastern residential district” of Dundalk Town.
The convenience store has established itself as the main neighbourhood centre for a large portion of Dundalk’s population.
The store benefits from a modern fit out and extends to circa 3000 square feet of retail area. The store provides all modern convenience store attractions including grocery, hot and cold deli, off licence, news agency and lotto agency.
There is also a large fully fitted kitchen with cold rooms. In addition the local post office is located within the store. The modern fit out includes tiled floor, suspended ceiling with display lighting, CCTV, air-conditioning, security shutters, security and fire alarm systems.
“This store has the added attraction of providing the local post office, as well as generating turnover from lottery, off licence and hot deli business.”
A grant of planning permission (Reference LH07/208) exists for an extension to the shop premises .