Blackrock Village Centre on verge of being sold

The Blackrock Village Centre is close to being sold.

The modern neighbourhood scheme, which extends to 1,012sqm (10,893sq ft), went on the market just last month with local estate agents Sherry FitzGerald Carroll for an asking price of €1.65m.

However, it has recently gone sale agreed with the finer details of the sale just to be ironed out. It is not known as yet what sum was accepted for the village centre or who the buyer is.

With anchor stores including Bradley’s Pharmacy and Centra, the property is 88% let to four tenants at a current rent of €178,372 per annum, with Fusion Hair Salon and Blackrock Dental Surgery also based there.

In total the centre includes two retail units downstairs and three upstairs, with the first floor benefitting from a balcony area that boasts spectacular views over Dundalk Bay.

Land earmarked for Quinn power station up for sale

Part of the site at Toomes

Land outside Dundalk which had been earmarked for a new 450MW natural gas fire electricity generating station has gone on the market with Dublin-based estate agents DTZ Sherry FitzGerald for €600,000.

The land at Toomes, 2.5km north west of Louth Village, is just 800 metres away from the 220kV Monavallet substation.

Planning permission was granted in 2008 to construct and operate a new power station on the site.

It had been planned by businessman Sean Quinn, who had been planning to invest €300m in the power station, which was to supply enough electricity for 230,000 homes – equivalent to 8% of national peak demand.

Planning permission was extended for the development in May 2012 but the project never came about due to opposite from local residents and the financial problems of Quinn, who planned on calling the facility ‘Quinn Energy Ballykelly’.

There remains fears in the area that the site might be sold to another company who could push ahead with the power station.

Local man Gerard Pepper told The Argus in December 2011 there were continued fears regarding the site.

“There is still a lot of concern in this area that even if the Quinn Group don’t go ahead with the power plant, the site might be sold to another company.

“It was never the proper site for this type of development, and it still isn’t. There isn’t even the demand for power that there was during the boom years, so we can’t see this going ahead now,” he said.

DTZ Sherry FitzGerald are promoting the lands as being available for a multitude of uses though, saying: “Given the strategic location of the lands and close proximity to the existing power station the lands offer a range of development opportunities subject to planning permission. The development plans highlights the possible uses as one off housing, recreation and tourism, commercial and industrial developments along with public utility infrastructure.”

Meanwhile, 7.72 acres of development land at Roddy’s Sandpit in Lordship is close to being sold by local agents Sherry FitzGerald Carroll.

The agents also have a further 8.96 acres of farm land on the market at Doolargy, Ravensdale, with an asking price of €150,000.

Blackrock Village Centre on the market

The Blackrock Village Centre has been placed up for sale with an asking price of €1.65m.

The modern neighbourhood scheme, which extends to 1,012sqm (10,893sq ft), is on the market with local estate agents Sherry FitzGerald Carroll.

With anchor stores including Bradley’s Pharmacy and Centra, the property is 88% let to four tenants at a current rent of €178,372 per annum, with Fusion Hair Salon and Blackrock Dental Surgery also based there.

In total the centre includes two retail units downstairs and three upstairs, with the first floor benefitting from a balcony area that boasts spectacular views over Dundalk Bay.

For further details contact Sherry FitzGerald Carroll on 042 9332173.

North End Shopping Centre on the market for €495,000

The North End Shopping Centre site, which fronts onto both Bridge Street and Patrick Street

The North End Shopping Centre on Bridge Street and Patrick Street has gone on the market for almost half a million euro.

Local estate agents Sherry FitzGerald Carroll are advertising the retail units as an “investment/development opportunity” with an asking price of €495,000.

The shopping centre comprises five retail units, two office suites and a potential development site of 544sq ft with frontage onto Patrick Street.

Sherry FitzGerald Carroll insist there is “substantial rental income” from existing tenants with “considerable potential to improve future income stream”.

You can read more about the sale here.

45 acre Priorland site on the market for €975,000

The land at Priorland has two access points, one from the adjoining Priorland Gardens housing development as well as from Priorland Road

Dundalk estate agent Brian Carroll of Sherry FitzGerald Carroll is guiding €975,000 for a development site of 18.55 hectares (45.85 acres) around 1.5km from the town centre.

The land at Priorland has two access points, one from the adjoining Priorland Gardens housing development, the other from Priorland Road.

Planning permission was previously granted on a portion of the land for 122 houses, 21 apartments and a crèche.

This planning permission has since lapsed with an application by Kinler Developments Ltd, now operated by receivers Joe Anderson and William Kennedy of Colliers International, to extend it rejected before Christmas.

The lands have a mixed zoning for “residential, civic and community centre” and “community, education and recreation”. The immediate area is predominantly characterised by residential developments.

The plan for the proposed new estate at the site which was refused an extension of planning permission just before Christmas

Dundalk farm on the market for €1.1m

A 278.2 acre farm on the outskirts of Dundalk, which plays a pivotal role as a flood plain for the town, has gone on the market for €1.1 million.

Rockview Farm on the Blackrock Road is located opposite the Kingswood housing estate, as well as the Bay Utd and Na Piarsaigh football pitches. It is also adjacent to Dundalk Retail Park

The farm, which is on the market with Sherry FitzGerald Carroll estate agents, is described as a fine parcel of land and for the most part is characterised by large fields of good quality tillage lands. The land comprise 112.59 hectares / 278.20 acres (approx) in total of which 157 acres (approx) are in tillage, 30 acres (approx) are in drainage, roadways and waste and the balance of 91 acres (approx) is in saltings.

The tillage lands are level in nature and are laid out in 11 divisions with a small redundant farmyard fronting the western boundary. Rockview Farm benefits from extensive road frontage of approximately 1,000 meters and the lands can be accessed from five entrances. The farm also incorporates a network of drains and canals which assist in draining the lands and the eastern part of Dundalk town.

Beyond the canal and rampart are the saltings, which comprises an area of land extending to over 91 acres. This area of lands may be suited to grazing purposes, however, it is subject to tidal movements and consists of seabanks and waterways.

The majority of the property is currently zoned “Residential 2” and is subject to the proposed Rockview Farm Local Area Plan. Within the Core Strategy Variation introduced in 2012 to the Dundalk & Environs Development Plan 2009 – 2015 the lands are now in Phase 3. However, from the Irish Coastal Protection Strategy Study (Phase 3 – North East Coast) and the OPW Flood Hazard Maps (www.floodmaps.ie) the lands are designated as flood plain.

The Department of Defence have a right of way, along the laneway to the northern boundary of Rockview Farm, to access their lands.

You can read more on the property on the Sherry FitzGerald website here.

Dundalk estate agent plans major extension to business premises

The existing Sherry FitzGerald Carroll offices at the corner of Stapleton Drive and Dublin Street

Local estate agents Sherry FitzGerald Carroll are considering a major extension to their premises at the corner of Stapleton Drive and Dublin Street.

Owner Jim Carroll has applied to Dundalk Town Council for planning permission for a two storey extension to the building, change of use of the existing ground floor to a retail development and new shop fronts.

It is believed Mr Carroll is hoping to cash in on the upcoming redevelopment of the Dundalk Shopping Centre into a Tesco superstore by making additional retail facilities available for rent, while his estate agency business relocates to a different part of the new extension.

Dundalk Town Council will make a decision on the planning application on July 14th.