REA

Lot 13 - STRATEGICALLY LOCATED COMMERCIAL ZONED LANDS APPROX. 21.85 HECTARES / 54 ACRES, Rathmullan / Donore Road, Drogheda, Meath

  • Unconditional Online Auction Sale
  • AMV : €1,100,000

For Sale by Online Auction on the 26th June 2019

Description

APPROX. 21.85 HECTARES / 54 ACRES STRATEGICALLY LOCATED “COMMERCIAL ZONED” LANDS ON M1 ECONOMIC CORRIDOR

Location & Description
These lands are located immediately North of Drogheda Business & Technology Park, which is situated just off the Donore Road interchange on the M1 Motorway. The Donore Road is one of the busiest routes connecting Drogheda town center to the M1 Motorway and is already a very well established mixed use commercial center with existing developments in the immediate vicinity that include “Drogheda Retail Park” which is in very close proximity and boasts a host of branded retailers including Homebase, TK Maxx and Harvey Norman. These superbly located and well laid out lands have obvious potential for development access via the existing “Drogheda Business & Technology Park”, which is an IDA campus.

Potential:
Given the property’s strategic location along the now very important M1 economic corridor and with development access potential via the adjoining IDA “Drogheda Business & Technology park”, subject to agreement, there is obvious short to medium term potential to develop a high specification campus style commercial scheme on the lands and in accordance with the zoning objectives of the subject lands. End users will be able to avail of excellent connectivity to Dublin (M50 & Dublin Port) and Northern Ireland.

Features:
*Proximity to Junction 9 – M1 Motorway and Drogheda town centre.
*Excellent commercial development opportunity along the strategically important M1 economic corridor.

Zoning:
Under the terms of the Meath County Development Plan, 2013 – 2019, for the Drogheda Southern Environs, these lands are zoned: E1 “To facilitate opportunities for high technology and major campus style office based employment within high quality and accessible locations”.

E1 zoning facilitate opportunities for high end, high value-added businesses and corporate headquarters. This adheres to the concept of 4th Generation Science & Technology Parks. It is envisaged that such locations are suitable for high density employment generating activity with associated commercial development located adjacent to or in close proximity to high frequency public transport corridors.

Viewing:
Strictly by appointment with the joint selling agents:
Gabriel O’Brien, FRICS, FSCSI
gabriel@reaobriencollins.ie / 041 9875444
or
Michael Gunne, MRICS, MSCSI
m.gunne@reagunneproperty.ie / 042 9335500

For Sale by Online Auction on the 26th June 2019 - Bidding Open 9:00 to 13:00

Joint Agent

REA Gunne Property
18 Clanbrassil Street
Dundalk
Co. Louth
042 9335500
Michael Gunne - m.gunne@reagunneproperty.ie

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Office Contact

Gabriel O'Brien

Vendor's Solicitor

Pádraig Murray, ByrneWallace

+353 1 691 5000

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