Site at Gleeson Street, Athlone, Co. Westmeath

Sold

Site at Gleeson Street, Athlone, Co. Westmeath

FOR SALE – By Private Treaty

Town centre development site situated opposite Athlone TC Shopping Centre.
Brownfield site with extensive buildings extending to approx. 0.20 hectares (0.50 acres).
Zoned ‘Commercial’ with an expired planning permission (Planning Ref. 11/3049) for a convenience/retail store.
Potential for a variety of uses (S.P.P)

Location

Athlone is Westmeath’s largest town by population, centrally positioned between Dublin and Galway, approximately 110 kms to the east and 75 kms to the west respectively.
The property is situated in the centre of Athlone where it has high profile frontage onto Gleeson Street, a short distance from the junction with Mardyke Street.
The immediate area comprises a large number of commercial offerings, most notably at Athlone Town Centre Shopping Centre and carpark (1,100 spaces), a modern standalone Dunnes Stores located 160m to the south, and Golden Island Shopping Centre located 450m southeast of the subject property. A local authority surface car park (142 spaces) is immediately adjacent to the site.
The area is well served by public transport with the 459A local bus service stopping directly opposite the subject property. Athlone Bus and Rail Stations are located approximately 400m north, with regular commuter services travelling to and from both Dublin and Galway.

Description

Brownfield development site approximately 0.20 hectares (0.50 acres), which offers a variety of redevelopment options (S.P.P.).
The property features a former cinema, most recently used as an antiques and furniture store, set back approximately 5 meters from the street.
The property also includes two adjoining two-story commercial buildings fronting Gleeson Street, formerly occupied by a florist and a fish shop. A yard and outbuildings are located at the rear of the site.
Vehicular access is available from Gleeson Street, leading to an enclosed yard.

Zoning

The subject property is located within the “Commercial” zoning objective within the Athlone Town Development Plan 2014 -2020 (as extended).

Planning Permission

Expired permission for a part two storey convenience retail unit extending to 14,800 sq.ft. (Planning Ref. 11/3049).

Feasibility Study

Feasibility studies have been prepared for part of the property by MMA Architects, proposing two potential development schemes. The first entails 36 no. residential units with retail space on the ground floor (S.P.P.) and the second envisions a hotel with 105 no. bedrooms and restaurant (S.P.P.). All parties are recommended to obtain their own advice on all planning matters, including the suitability of these proposals, and indeed any feasibility for the site.