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New cinema for Drogheda

Cinema operator Odeon UCI has agreed a pre-letting deal with Melcorpo Commercial Properties Ltd on a new cinema at Drogheda Town Centre. The rent is believed to be around €400,000 per annum

Melcorpo plans to provide about 1,000 seats in the six-screen cinema which is expected to open in Autumn 2013. Up to 180 jobs will be created during construction with a further 40 permanent and part-time jobs when it opens.

Drogheda Town Centre was originally developed in 1985 and revamped in 2001. The cinema will require the extension and conversion of existing first floor retail and service area. Existing occupiers in the centre include Dunnes Stores, Easons, and Meagher's Pharmacy. Letting agents are Mason Owen & Lyons.

Indo Property