Sold €60,000 - Commercial, Auction, Development Land, Restaurant / Bar, Agricultural Land
For Sale by Public Auction
Wednesday 21st June 2017 @ 1:00 pm
In the Leopardstown Pavilllion, Dublin 18
Commercial investment / future re-development property on 1.65 ha (4.07 acres), comprised in Folios DL22164 and DL30924F.
Situated on the right, a short distance after St Peter’s Church on leaving Milford in the Ramelton / Rathmullan / Letterkenny direction. The property enjoys a prominent location and should have potential for re-development, subject to relevant planning approvals.
Planning permission was previously granted under reference 06/51400 dated 20th April 2007 for a substantial commercial and residential development, however, as the proposed development did not proceed, this planning permission has since lapsed.
Currently the entire property is the subject of a tenancy at a rent of €150 per week, expiring on the 30th September 2018 when full vacant possession will be available, though completion of any sale will be within four weeks of the auction date or as provided for in the Conditions of Sale.
We are advised that a Deed of Renunciation has been executed though any intending bidders should satisfy themselves in that regard.
Conditions of Sale & Auction Procedure
Conditions of sale will be available to download from the following website: www.sherryftz.ie/Auctions
Please register on www.sherryfitz.ie/Auctions and familiarise yourself with the auction process.
Viewing Date and Time
Viewings are strictly by appointment on Friday 9th and 16th June 2017.
Special Features & Services
The sale offers an interesting opportunity for potential investors, as the property enjoys a prominent edge of town location on the main R245 route with mains services available in close proximity.
BER Rating: C2
BER Number: 800437311
Energy Performance Indicator: 681.4
The building extends to 122 sq m (1,333 sq m) and is laid out as a production / manufacturing facility for the food industry.
On leaving Milford in the Ramelton direction, the property is located on the right, a short distance after St Peter’s R.C. Church and should be easily identifiable by our prominent “For Sale” board.
Latitude: 54.852346, Longitude: -7.542946 (copy into Google Maps for location / streetview).