Site @ Main Street, Carrigtwohill, Cork

Asking Price €500,000
  • Type Development land

Description

ERA Downey McCarthy are delighted to present to the market this outstanding mixed use development site on the eastern side of Carrigtwohill town centre. The site is bounded to the north by Carrigtwohill Town Centre, to the east by the L3612 local road, to the south by the N25 slip road and to the west by Carrigtwohill Community Centre and playground.

The property is suitable for retail, office, residential, healthcare and hospitality uses subject to FPP. Neighbouring occupier include Mace retail store, Carrigtwohill Shopping & Business Centre, Carrigtwohill Family Resource Centre, East Link Business Park and Carrigtwohill Community Campus.

LOCATION

Carrigtwohill is conveniently situated close to Cork City. The N25 connects with the city. The urban commuter rail service is nearby.The site is located only 10 minutes drive to the Jack Lynch Tunnel and 7 minutes from Midleton town. Carrigtwohill is well served with a variety of convenience stores, supermarket and hospitality options and has seen phenomenal growth in recent years. Major employers in the med tech sector are located nearby.

Features

Zoning:
Zoned CT-T-01 in the Cobh Municipal District Local Area Plan which supports the expansion of the town centre for mixed uses.Excellent potential subject to planning permission.

Feasibility Study:
A feasibility study for the site indicates potential for a mixed use development of residential (20 apartments) & retail (2 units) subject to FPP comprising:
Residential:
6 no 2 bed ground floor apartments (c.75 sq meters each)
6 no 3 bed duplex apartments overhead( c. 130 sq meters each)
2 No 2 bed 1st floor apartments over retail(c.79 sq metres each)
6 No 1 bed 1st floor apartments over retail(c. 51 to 58 sq meters each)
Retail:
Main St Unit (extending to c.118 sq meters)
Courtyard Unit (extending to c.160 sq meters)
& c.30 car parking spaces.

Planning Context:
Potential uses include retail, office, residential as well as healthcare & hospitality.
Planning advice indicates the site would be defined in the Apartment Guidelines as central/accessible urban location suitable for high density development.
In the Cork County Development Plan 2014, Carrigtwohill is identified as a Metropolitan Town in strategic settlement terms as part of the Cork Gateway.

Title:
The property is held under a freehold title.

Occupiers:
The property is currently occupied under licence by Coughlans Fuel depot.

BER Details

BER: Exempt

Accommodation

The site is generally level and regular in shape with clearly defined boundaries throughout. The total area extends to c. 0.242 HA (0.6 acres).

Directions

For directions see eircode T45 ER24.

Disclaimer

The above details are for guidance only and do not form part of any contract. They have been prepared with care but we are not responsible for any inaccuracies. All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy himself / herself by inspection or otherwise as to the correctness of each of them. In the event of any inconsistency between these particulars and the contract of sale, the latter shall prevail. The details are issued on the understanding that all negotiations on any property are conducted through this office.

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