Dublin Road, Mullingar, Co. Westmeath

Sold

Dublin Road, Mullingar, Co. Westmeath

FOR SALE

Excellent residential development opportunity (S.P.P)
Sought after location close to Mullingar Town Centre and N4 Motorway
Mature setting with surrounding institutional uses
Comprising two parcels extending to approx. 4.85 ha (12.0 acres)
Available in two lots as follows – Lot 1: 5.90 acres & Lot 2: 6.10 acres
Architect’s Feasibility Study indicates a scheme of 116 no. units

Location

Mullingar, the county town of Westmeath, is a vibrant commercial and service centre for a wide hinterland.

Mullingar is situated off the N4 national primary route (Dublin to Sligo) Road approx. 80 kms (50 miles) west of Dublin City. The population of Mullingar was just under 21,000 as at Census 2016, this is forecasted to grow to 26,000 by 2027.

The town is served by mainline and commuter rail services with frequent services to Dublin Connolly and Pearse Street stations.

The subject property is located on the north-side of the Dublin Road approx. 700 metres east of Mullingar Town Centre and 1.8 km west of junction 15 of the N4 Motorway. The property is adjoined by St Paul’s R.C Church, St. Colman’s National School and the Meath Diocesan Office (former Bishops Residence).

Description

The property comprises two adjoining (but not interconnected) greenfield sites extending to a total of approx. 4.85 ha (12.0 acres). The areas extend to approx. 2.39 ha (5.90 acres) and 2.46 ha (6.10 acres) respectively. Both plots have the benefit of primary frontage onto the Dublin Road with additional profile to the Delvin Road to the north. The eastern portion also has frontage to the adjoining Bellview residential estate.

Feasibility Study

A feasibility study has been undertaken in respect of the potential future development potential of the land by ALTU Architects. It suggests a potential scheme of development (subject to planning consent) comprising 116 no. units. Full details and a copy of the feasibility study are available upon request.

Accommodation Schedule

The feasibility study indicates potential for an attractive scheme comprising entirely of house units. A breakdown of the residential mix is shown in the table below:

Residential Mix:

3-bed	115m2 Terraces	24
4-Bed+Study	160m2 Semi-Detatched	54
3-Bed+Study	110m2 Cottage	11
2-Bed+Study	105m2 Mews	27
Total	Total	116 units

Zoning

The property is primarily zoned ‘Proposed Residential’ within the Mullingar Local Area Plan 2014-2020 (as extended) with a small portion zoned Existing Residential.

These land use zonings aim to ‘provide for residential development, associated services and to protect and improve residential amenity’.

SERVICES

We understand all main services are available in the vicinity of the subject property. All interested parties should satisfy themselves on the location and availability of services.

TITLE

Understood to be freehold.

SALES PROCESS

The property is being offered for sale by Private Treaty.

VIEWING

By appointment with joint agents.

BER

Exempt

SOLICITOR

Moynihan & Co Solicitors
Blackhall Court,
Blackhall Place,
Mullingar,
Co. Westmeath
Contact: Aoife Moynihan
Email: info@moynihan.ie
Tel: +353 44 933 4438

JOINT AGENTS: