Two motor showrooms and garages owned by car dealer Patrick McCabe at Drogheda and Ardee have been sold by Brendan Smyth of DTZ Sherry FitzGerald on the instructions of Kavanagh Fennell, who were appointed receivers by IBRC. The Drogheda facility was sold for more than €1.5 million, while the Ardee showrooms made €1.9 million. Both are reported to have cost about €6 million to develop.