For Sale by Private Treaty
LANDS AT ASKEATON
228 Acres of Midwest of Ireland Strategic Land Bank near the Shannon Estuary, Ireland LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 2
92 HECTARES 228 ACRE Strategic land bank suitable for a wide range of industries in the Midwest of Ireland. LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 3
CONTENTS 01 OPPORTUNITY 4
02 LOCATION 6
03 LAND USE ZONING 8
04 DEVELOPED INDUSTRY & TRANSPORT 9
05 IRELAND’S ELECTRICITY NETWORK 11
06 WHY IRELAND? 12
07 SHANNON GROUP PROFILE 16 LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 4
01 OPPORTUNITY
KEY The Askeaton Land Bank is a strategic § 228 acres of zoned land available immediately for § Site is identified as a Strategic Development Location development to progress the economic, social and in the Strategic Integrated Framework Plan for the FEATURES national asset comprising approximately environmental growth of the Mid-West Region Shannon Estuary. 228 acres (92 hectares) near the Shannon § A prime greenfield estuarine site on the southern Visit www.shannonestuarysifp.ie/askeaton for more Estuary and Limerick City. bank of the Shannon Estuary – one of the most details. This designation benefits from both statutory valuable natural resources in Ireland. and policy support at local and national level. LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 5
01 OPPORTUNITY
CONNECTIVITY DEVELOPMENT CONSIDERATIONS § Only 10 kilometres to Foynes Port, § Road connectivity with Limerick an EU Ten-T Tier One Port, which Southern Ring Road provides access N8 handles a range of liquid, break and to major cities via Ireland’s motorway SHANNON AIRPORT dry bulk vessels as well as providing network, while linkage with Limerick warehousing, cargo handling and Tunnel allows easy direct access to logistics services, with a minimum Shannon International Airport. LIMERICK water depth of 10.5 metres. § Direct access to Shannon International § Extensive frontage to existing Airport, which serves major hubs FOYNES N69 national primary road (N69). This in the USA, UK and Europe daily in PORT route connects Limerick City (30km) addition to airfreight services. M20 and Foynes Port (10km). Road § High-speed broadband is available ASKEATON PATRICKSWELL connectivity is due to be further from multiple Telecoms providers. improved with the planned Limerick to Foynes motorway which will bring PROPOSED NEW MOTORWAY motorway access to within 700
metres of the site at Askeaton. N2 N20
RATHKEALE LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 6
LOUGHREA FANORE BALLYVAUGHAN
PORTUMNA GORT LISDOONVARNA 02 DOOLIN BIRR IRELAND / SHANNON REGION KILFENORA
ENNISTYMON LAHINCH
FEAKLE SCARIFF LOCATION MILLTOWN MALBAY ROSCREA INAGH SPANISH POINT
TULLA ENNIS NENAGH
BROADFORD NEWMARKET KILLALOE ON FERGUS SILVERMINES The lands at Askeaton occupy a pivotal location along Annual shipping trade on the Shannon Estuary (mainly DOONBEG LISSYCASEY SHANNON KILKEE TOOR KILRUSH NEWPORT the N69 road corridor in close proximity to Limerick consisting of coal, oil, bauxite, chemicals, alumina, LIMERICK KILLIMER FOYNES PORT City and Foynes Port, enabling swift movement and fertiliser, timber etc.) is in excess of 10 million tonnes MURROE THURLES heightened efficiency. per annum and vessels of up to 200,000 DWT are TARBERT RAHEEN LANDS AT ASKEATON ADARE The development landbank is located 10km from regularly handled. LISTOWEL LIMERICK JUNCTION Foynes Port, 46km from Shannon Airport and 28km The following marine based heavy industry NEWCASTEL WEST CASHEL TIPPERARY from Limerick City – important logistical considerations infrastructure projects are already located on the ABBEYFEALL GALBALLY for supply chain management. Shannon Estuary: TRALEE KILFINANE CAHER
The road infrastructure is due for a significant upgrade § Moneypoint Power Station CLONMEL with the new Limerick-Foynes road project, which will § Tarbert Power Station enhance connectivity. § Aughinish Alumina The Shannon Estuary is one of the most valuable natural resources in Ireland and the Mid-West Region Statutory jurisdiction over the Shannon Estuary lies in particular. The fringe lands and the marine asset with Shannon Foynes Port Company www.sfpc.ie offer both space and location for development, activities and opportunities to progress economic, social and environmental growth within the region.
MONEYPOINT POWER STATION TARBERT POWER STATION AUGHINISH ALUMINA LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 7
02 LOCATION
SUSTAINABLE DEVELOPMENT Initiatives, such as the Strategic Integrated Framework The estuary area is a multi-functional zone, with the Plan (SIFP) for the Shannon Estuary 2013-2020, aim to waters and adjoining lands supporting a range of provide an inter-jurisdictional land and marine based functions, uses and activities. framework plan to guide the future development and Most notable are: management of the Shannon Estuary. § Shipping / Port functions The SIFP was commissioned in 2011 by Clare County § Council, Kerry County Council, Limerick City and Marine-related Industry / Industry County Councils, Shannon Development (now § Fishing / Aquaculture Shannon Commercial Properties) and the Shannon § Marine Tourism, Leisure and Recreation Foynes Port Company. § Energy Generation The project is being overseen by a multi-agency § steering group composed of the above and other key Fuel Storage stakeholders with an interest in the Shannon Estuary. § Aviation § Heritage and Landscape § Valuable Habitats and Species LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 8
03 LAND USE ZONING
Under the Limerick County Development Plan 2010- 2016 (as extended to 2022), 211 acres of the Askeaton landbank are specifically zoned ‘Industry’. Furthermore, the landbank is specifically referenced within the plan under Objective ED O5 as follows: “It is the objective of the council to ensure that the 97.76 hectare site at LEGEND
Askeaton… is safeguarded for the accommodation of Industry large establishments of regional importance.” Askeaton Landbank Furthermore, the site is identified as a Strategic Development Location in the Strategic Integrated Framework Plan (SIFP) for the Shannon Estuary. The development objective of the plan for the landbank is: “To support the continued safeguarding of the industrial lands at Askeaton for accommodation of large establishments of regional importance, and to encourage, in particular, the development of major sustainable projects where they complement the overall objectives of the SIFP. Marine related development will be subject to compliance with the criteria set out in Objective SIFP MRI 1.2.” This designation benefits from both statutory and policy support at local and national level.
Visit www.shannonestuarysifp.ie/askeaton for more details. LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 9
04 DEVELOPED INDUSTRY & TRANSPORT
M2
M6 M4 ROAD NETWORK M50 GALWAY CITY The Askeaton Land Bank is serviced by the coast road, DUBLIN PORT M6 which meets the N69 at Tarbert, joining the N18 at Limerick City providing access to both Shannon Airport N62 and the M7 motorway to Dublin.
M7 Typical journey times by road from the Land Bank are: M8 M M9
Shannon Foynes Port 10 mins M7 N62 M8 Limerick City 30 mins SHANNON AIRPORT LIMERICK CITY Shannon Airport 45 mins
M8 Dublin Port 150 mins ASKEATON N24 SHANNON FOYNES PORT M9 Galway City 100 mins N20
N2 N69 Wexford City 180 mins WEXFORD CITY N24 N25 Rosslare Harbour 190 mins
ROSSLARE www.tii.ie HARBOUR LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 10
04 DEVELOPED INDUSTRY & TRANSPORT
SHANNON FOYNES PORT AUGHINISH ALUMINA PORT INTERNATIONAL AIRPORT LIMERICK CITY Shannon Foynes Port Company is Ireland’s Aughinish Alumina is one of the most Shannon Airport is also located on the Limerick City is located at the head of the second largest port operation and has technologically advanced and energy efficient Shannon Estuary and offers scheduled Shannon Estuary where the river widens statutory jurisdiction over all marine alumina production facilities worldwide. international passenger and cargo services to before it flows into the Atlantic Ocean. With 2 activities on a 500km area on the Shannon Built between 1978 and 1983, the plant had a range of US, UK and European destinations. a population of 95,854, Limerick is the 3rd Estuary. The company provides a variety of an initial rated capacity of 800,00 tonnes The airport has the longest runway in Ireland, biggest urban area in Ireland and the main services, from controlling navigation and a year and represented an investment of can handle the largest cargo and passenger economic region outside of Dublin and Cork. marine safety, to warehousing, logistics and US$1 billion in the Irish economy. The site aircraft, has unrestricted 24/7/365 operation Its economic success has been driven in cargo handling. infrastructure includes a deep water terminal with no noise restrictions or curfews, part by the University of Limerick, Limerick and ample space to develop airside and Institute of Technology, Shannon Airport and www.sfpc.ie on the Shannon estuary that facilitates efficient delivery to European smelters. landside facilities for logistics, warehousing, Shannon Group. production and offices. In 2012, the refinery increased its production Limerick is home to several multinational capacity to 2 million tonnes of alumina per www.shannonairport.ie companies including Johnson & Johnson, annum. Analog Devices, Stryker, Dell, Northern Trust and Regeneron. www.rusal.ru/en www.limerick.ie/business COOLKEERAGH
LETTERKENNY MOYLE INTERCONNECTOR SLIEVE KIRK BALLYLUMFORD MEENTYCAT BALLYMENA STRABANE
KILROOT MAGHERAFELT POWER STATION GOLAGH ANTRIM
MULREAVY NEWTOWNARDS OMAGH
CATHALEEN’S DUNGANNON FALL CLIFF LISBURN
TANDRAGEE BANBRIDGE
SLIGO
TAWNAGHMORE SRANANAGH NEWRY CUNGHILL MOY GARVAGH GLENREE DUNDALK SHANKILL RATRUSSAN CARRICK LOUTH –ON– LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY SHANNON 11 CASTLEBAR 05 COOLKEERAGHNAVAN LANESBORO LETTERKENNY MOYLE INTERCONNECTOR SLIEVE KIRK BALLYLUMFORD MEENTYCAT BALLYMENA IRELAND’S ELECTRICITY NETWORK STRABANE BALTRASNA KILROOT MAGHERAFELT POWER EAST-WESTSTATION GOLAGH ANTRIM INTERCONNECTOR MULREAVY NEWTOWNARDS MULLINGAR OMAGH CATHALEEN’S WOODLANDDUNGANNON CORDUFF FALL CLIFF LISBURN COLLEGE The Galway to Limerick high pressure natural ELECTRIC GLASMORE PARK TRANSMISSION SYSTEM KINNEGAD HUNTSTOWN gas pipeline (70 bar pressure) is located ATHLONE TANDRAGEE BANBRIDGE NORTH WALL 400kV Lines 400kV Stations Transmission SLIGO approximately 1.5km to the south of the site. Connected Generation FINGLAS POOLBEG 275kV Lines 275kV Stations TAWNAGHMORE DERRYIRON MAYNOOTH SRANANAGH NEWRY SHELLYBANKS Hydro Generation CUNGHILL A spur from the main pipeline would be required 220kV Lines 220kV Stations CASHLA MOY GARVAGH INCHICORE IRISHTOWN GLENREE CUSHALING Thermal Generation SHANNONBRIDGE DUNDALK 110kV Lines 110kV Stations SHANKILL RATRUSSAN to supply gas to this development. Pumped Storage Generation CARRICK LOUTH GALWAY –ON–MOUNT 220kV Cables SHANNONLUCAS CARRICKMINES Wind Generation CASTLEBAR FASSAROE Power is supplied via a 110kV line, which runs 110kV Cables NEWBRIDGE HVDC Cables DUNSTOWN close to the south-western aspect of the site. NAVAN TYNAGH LANESBORO
POLLAPHUCABALTRASNA DERRYBRIEN EAST-WEST INTERCONNECTOR MULLINGAR WOODLAND CORDUFF COLLEGE CLOSE PROXIMITY TO THE NATIONAL GRID GLASMORE PARK KINNEGAD HUNTSTOWN INFRASTRUCTURE AND MATERIAL ASSETS ATHLONE TURLOUGH NORTH WALL ATHY FINGLAS POOLBEG PORTLAOISE DERRYIRON MAYNOOTH HILLSHELLYBANKS § A new wastewater treatment plant is under CASHLA INCHICORE IRISHTOWN SHANNONBRIDGE CUSHALING GALWAY MOUNT LUCAS CARRICKMINES consideration therefore development NEWBRIDGE FASSAROE DUNSTOWN TYNAGH POLLAPHUCA proposals may need to consider an DERRYBRIEN NENAGH ATHY TURLOUGH onsite WWTP subject to the volume and ENNIS PORTLAOISE HILL ARKLOW BOOLTIAGH CARLOW characteristics of effluent to be treated. NENAGH ENNIS ARKLOW BOOLTIAGH CARLOW
LISHEEN LISHEEN § There are restrictions on potable water DRUMLINE ARDNACRUSHA DRUMLINE ARDNACRUSHA PROSPECT CASTLEDOCKRELL MONEYPOINT AUGHINISH KILKENNY PROSPECT TARBET supply but proposals to pipe water from LIMERICK KILLHILL BALLYWATER AUGHINISH RATHKEALE CASTLEDOCKRELL a water treatment plant in Limerick are MONEYPOINT DROMADA KILKENNY TIPPERARY TARBET TRIEN ATHEA CAHIR WEXFORD CLAHANE under consideration. LIMERICK CHARLEVILLE TRALEE KILLHILL WATERFORD BALLYWATER RATHKEALE CULLENAGH
MALLOW TIPPERARY BOGGERAGH DROMADA DUNGARVAN TRIEN ATHEA WOODHOUSE
COOMAGEARLAHY KILBARRY INNISCARRA MIDLETON CAHIR MARINA GLANLEE MACROOM WEXFORD CLAHANE LONG POINT AGHADA CHARLEVILLE GLANAGOW BANDON TRALEE WATERFORD
CULLENAGH
MALLOW BOGGERAGH DUNGARVAN
WOODHOUSE
COOMAGEARLAHY KILBARRY INNISCARRA MIDLETON MARINA GLANLEE MACROOM LONG POINT AGHADA GLANAGOW
BANDON LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 12 WHY IRELAND? “IRELAND IS ONE OF THE BEST PLACES IN THE WORLD TO DO BUSINESS. INTERNATIONAL COMPANIES ARE ATTRACTED FOR A VARIETY OF REASONS, BUT THE FACTS SPEAK FOR THEMSELVES” IRISH DEVELOPMENT AGENCY LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 13
06 WHY IRELAND?
500M +3.4% NO. 1 Size 70,000 sq km ACCESS TO OVER 500 GDP GROWTH FORECAST FOR PRODUCTIVITY Population 4.8 million people MILLION EU CONSUMERS FOR 2020 IN INDUSTRY
% Population under 25 33%
Capital City Dublin
12.5% NO. 1 56.3% Currency €uro CORPORATE TAX RATE IN EUROPE FOR EASE OF OF 30 – 35 YEAR OLDS PAYING BUSINESS TAXES HAVE A THIRD LEVEL Language English QUALIFICATION Timezone GMT (+0.00)
NO. 1 33.3% +1200 IN THE WORLD FOR OF WORKFORCE LESS INTERNATIONAL INVESTMENT INCENTIVES THAN 25 YEARS OLD COMPANIES ARE LOCATED IN IRELAND LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 14
06 WHY IRELAND? BEST COUNTRY in Western Europe to invest in WHY INVEST IN IRELAND? Forbes magazine has ranked Ireland as one of the 1ST best countries for business. This is not just for large multinationals, but also the potential multinationals of for flexibility and the future. IDA nurtures these high-growth companies, adaptability of people helping them forge their future success in Ireland.
IMPRESSIVE TRACK RECORD Ireland’s performance as a hub for Foreign Direct Investment is unrivalled. 1ST IN THE WORLD Ireland has a proven track record as a successful for inward investment by location for world leading established and high quality and value 1ST IN THE WORLD growth multinational companies from around the world. One third of multinationals in Ireland have had for investment incentives operations in the country for over 20 years, illustrating the longevity, resilience and commitment of these companies to Ireland. IN THE TOP 15 most innovative countries in the world LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 15
06 WHY IRELAND?
AHEAD OF THE CURVE THE TOP 5 10/10 Ireland is home to many of the world’s leading high- performance companies including Intel, Twitter, global software top pharma Pfizer, Citi, Huawei, Takeda, Fujitsu, Novartis and companies companies Trend Micro. The country is also positioning itself to become a world leader in the Internet of Things, Big 14/15 8/10 Data, ICT Skills, Energy Efficiency, Health Innovation and Cloud Computing. top medical tech top industrial companies automation companies 18/25 top financial services companies LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 16
07 SHANNON GROUP PROFILE
SHANNON REGION SHANNON GROUP SHANNON COMMERCIAL Ireland’s Shannon Region accounts Shannon Group is a commercial PROPERTIES for about 10% of the country’s semi-state group comprising Shannon Commercial Properties is land area and population. of three companies (Shannon a commercially focused property The city of Limerick is the Airport, Shannon Commercial development company, managing region’s capital. Properties and Shannon Heritage), and developing an extensive focused on delivering economic commercial property portfolio in Leading companies like GE, Intel, benefits for the West of Ireland the wider Shannon region. Northern Trust, EMC, Johnson and the wider economy. & Johnson, Analog, Dell, AerCap Shannon Commercial Properties and many more have chosen the www.shannongroup.ie own the Askeaton Land Bank. Shannon Region for major foreign www.shannonproperties.ie direct investment projects. www.limerick.ie LANDS AT ASKEATON DEVELOPMENT OPPORTUNITY 17
07 WORK WITH AN EXPERT PROPERTY TEAM
COLLABORATE WITH OUR EXPERIENCED TEAM We provide a complete commercial property solution from leasing and selling, developing and managing industrial, business and office parks together with fully serviced development sites for a wide range of new and repeat clients. Sales & Leasing, Property Development and Facilities Management across 6 locations in the West of Ireland We deliver high end and turn-key, commercial property solutions for customers ranging from start-ups to multinationals. Our team has developed over 2 Million ft2 of new and upgraded commercial space across Ireland’s Mid-West.
Visit www.shannonproperties.ie for more information.
Gerry Dillon, Managing Director; Grainne McInerney, Head of Engineering; Deirdre Whitney, Airport Property Manager JLL Ireland Shannon Commercial Properties Woody O’Neill David Neylon Nigel Healy Cathal Morley +353 1 673 1600 +353 61 710 000
Disclaimer: These particulars are issued by the agents on the understanding that any negotiations relating to the property are conducted through them. Whilst every care is taken in preparing them for themselves and the vendor / lessor whose agents they are, give notice that: (a) The particulars are set out as a general outline for guiding potential purchasers / tenants and do not constitute any part of an offer or contract. (b) Any representation including descriptions, dimensions, references to condition, permissions or licences for uses LANDS AT or occupation, access and any 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 themselves (at their own expense) as to their correctness. (c) JLL, nor any of their employees, have any authority to make or give any representations or warranty in relation to the property. ASKEATON PSRA: 002273 Exempt