Price €950,000
Style Retail
Status For sale

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REA Forkin (Wicklow)

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Additional Information

Features

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Additional Information

Potential for significant town centre commercial and residential development at high density 2.8 Hectares 6.94 Acres TOWN CENTRE MIXED-USE DEVELOPMENT SITE LOCATION - Arklow comprises a vibrant coastal commuter town in south county Wicklow with a population of 14,353 persons as at the 2016 Census. - The site comprises an attractive development opportunity overlooking the River Avoca and with prominent frontage to Upper Main Street in centre of Arklow. - The site is located within approx. 500 metres from Arklow Train Station providing services on the Dublin Connolly - Rosslare Europort and the Commuter & DART routes. - The site is located roughly equidistant to junctions 20 and 21 of the M11 motorway providing good road access to Dublin and the national road network. EASILY ACCESSIBLE (Within Approx. Distances) Arklow Train Station (Dublin-Rosslare route) 500 M Arklow Gold Club 1.2 KM Wicklow Town 22 KM Junction 16 of the M50 Motorway / Cherrywood 50 KM Bridgewater Shopping Centre 700 M Junction 20 of the M11 Motorway 2.7 km Greystones 40 KM NEARBY LOCAL AMENITIES AND FACILITIES TO THE SITE INCLUDE: Local shops, cafes and bars of Main Street Bridgewater Shopping Centre with occupiers including Dunnes Stores, Boots, TK Maxx, River Island, Starbucks and a nine screen Omniplex Cinema. Arklow Geraldines Ballymoney GAA Club Two national schools and separate boys' and girls' secondary schools DESCRIPTION -The property comprises a broadly triangular shaped site of approximately 2.8 hectares / 6.94 acres, which currently incorporates agricultural land and a number of buildings, including a former cinema, fronting onto Upper Main Street and Parade Ground. - The property benefits from a licence agreement for an advertising hoarding on the former Ormond Cinema building, currently producing a licence fee of e4,500 per annum. POTENTIAL DEVELOPMENT - Zoned TC Town Centre ' To provide for the development and improvement of appropriate town centre uses including retail, commercial, office and civic use, and to provide for ' Living Over the Shop' residential accommodation, or other ancillary residential accommodation.' - The site is identified within the Arklow and Environs Local Area Plan 2018 - 2024 as a target development site referred to as ' The Alps Opportunity Site' with the stated objectives for the site to provide a mixed commercial and residential development with between 120 and 160 residential units. - Lapsed planning permission, originally granted by Arklow Town Council on 22nd August 2008 (Ref:08/610058) and then on Appeal by An Bord Pleanala on 13th August 2010 (Ref: PL33.231008), for the construction of a mixed use development of 74 residential units, retail, office, hotel, medical centre and creche. SERVICES Interested parties are required to satisfy themselves on the availability and adequacy of all services. TITLE The property is held freehold / long leasehold. Please contact REA Forkin + 353 (0) 404 61933 or joint agents Hooke & MacDonald on +353 (0) 631 8403

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    Property Statistics

    Total Views

    (since advertised)

    819

    Listing Views

    Date Views Unique Views Featured Published Bumped
    14th Apr 5 5 No Yes No
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    12th May 2 2 No Yes No
    13th May 3 3 No Yes No

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