FOR SALE BY PRIVATE TREATY Lands at Richmond Cheshire House RICHMOND PARK, MONKSTOWN, CO. DUBLIN Lands at Richmond Cheshire House RICHMOND PARK, MONKSTOWN, CO. DUBLIN LOCATED IN ONE OF DUBLIN’S MOST SOUGHT AFTER AND PRESTIGIOUS RESIDENTIAL AREAS 0.948 HA (2.343 ACRES) APPROX. Superb Development Opportunity (S.P.P) 2 3 Summary Exceptional development site in one of Dublin’s most sought after and prestigious villages. Site extends to approximately 0.948 hectares (2.343 acres). Nestled away just off Monkstown Road, the lands are situated minutes from Monkstown Village and its bustling mix of coffee shops, bars, restaurants and boutiques. The location offers unparalleled access to both the DART and quality bus routes, with Monkstown/Salthill DART station just a five minute walk away, providing a direct link to the heart of Dublin city centre and beyond. Within close proximity to the site are a number of recreational activities including parks, the marina at Dun Laoghaire, many scenic walks along the sea front and a number of rugby, hockey & golf clubs. The property is currently occupied under a licence agreement which commenced on the 19th December 2014 for a period of 36 months, with early vacation anticipated before term end. 4 5 Location Dun Laoghaire Pier The subject site is located approximately 200 metres southeast of the centre of Monkstown village, one of the most sought after and prestigious residential address in Dublin. Monkstown is noted for its spectacular coastline that boasts a wide range of bars, cafés, DUN restaurants and boutique shops as well as an array of Georgian LAOGHAIRE and Edwardian houses. Monkstown also benefits from the many leisure facilities in the area with Dun Laoghaire Pier providing a scenic walkway at the edge of the Irish Sea. Elm Park Golf and Sports Club, Leopardstown Racecourse, Monkstown Rugby Club and various parks are all within easy reach. Monkstown benefits from excellent transport links with suburban rail, DART and a number of high frequency bus routes connecting the area to the centre of Dublin in under 15 minutes. The nearby M11 motorway provides direct access to commercial hubs of Cherrywood, Sandyford & Dundrum. The subject site is 300m from Monkstown & Shankill DART Station and close to Seapoint station with rail services operating to Howth/Malahide via Dublin city centre, and to Greystones to the south. DART MONKSTOWN 6 7 Proposed Schematic - Subject to Planning Permission Description The subject site extends to approximately 0.948 hectares The site comprises of Cheshire House, a modern single storey (2.343 acres), with a private access road from the Carrickbrennan independent living centre, (which incorporates some dormer Road which serves 6 no. properties at Kenilworth Way and a two accommodation), car parking and ancillary open areas along with storey townhouse development at Richmond Green. The site is extensive tree planting along the northern, southern and western located approximately 200 metres southeast of Monkstown village. site boundaries. The immediate area is characterised by two storey residential Development in the surrounding lands varies from Victorian and development to the south of the site at Richmond Park and three Edwardian style housing to the north, to modern residential units storey development to the southeast/east at Kenilworth Way. to the South, East and West . 8 9 OSI Map (Approximate Outline for identification purposes only) Town Planning ZONING The subject site is located in an area zoned ‘A – “To protect and / or improve residential amenity” under the Dun Laoghaire Rathdown Development Plan 2010 – 2016. The primary use permitted under this land use zoning objective is residential, while a number of commercial uses are open for consideration THE CURRENT ASSET The 18 bedroom care home facility extends to approximately 1,581 sq. m (17,022 sq. ft.) with 5 studio apartments located to the rear of the property. The property is currently in use as an independent living centre operated under Licence for a period of 36 months commencing on the 19th December 2014 with early vacation anticipated before term end. Further information on the Licence Agreement can be obtained from the vendor’s solicitor. DEVELOPMENT OPPORTUNITY The subject site would ideally contain a residential scheme of medium density. We are of the view that a possible residential development comprising of a 4 storey apartment development consisting of 48 no. apartments could be accommodated on site; however this is subject to the necessary planning permission approval. An outline feasibility study has been prepared to illustrate the residential potential of the subject site. This is available upon request from Savills. PROPOSED SCHEDULE OF ACCOMMODATION Approx. Approx. No. of Unit Type No. of Beds Sq. m. Sq. ft. units Apartment 1 70 753 2 Apartment 1 75 807 2 Apartment 1 78 840 4 Apartment 2 92 990 4 Apartment 2 100 1,076 5 Apartment 2 109 1,173 27 Apartment 3 137 1,475 4 TOTAL 48 Floor areas are approximate and subject to planning permission. 10 11 Subject Property FURTHER INFORMATION CONTACT Mark Reynolds BER No: 800296295 +353 (0) 1 618 1326 [email protected] METHOD OF SALE PSRA Licence No: 002233-002920 The subject site will be offered for sale by Private Treaty with the benefit of an existing licence agreement in place. John Swarbrigg +353 (0) 1 618 1333 SAVILLS IRELAND [email protected] S E R V I C E S Development Agency PSRA Licence No: 002233-003073 We understand that all mains services are available but & Consultancy, we request that all interested parties satisfy themselves Jill Horan 33 Molesworth Street, on the availability and adequacy of all services. +353 (0) 1 618 1350 Dublin D02 CP04 [email protected] www.savills.ie FURTHER INFORMATION PSRA Licence No: 002233-003115 & VIEWING Savills have prepared an information pack for the sale SOLICITOR of subject site, which is available upon request. A& L Goodbody Viewings are strictly by appointment through Savills only. IFSC, North Wall Quay, Dublin 1 +353 (0) 1 649 2000 TITLE www.algoodbody.com We are advised that the property is held freehold. Ger O’ Toole Full details on title can be made available by the +353 (0) 1 649 2113 vendor’s solicitor. [email protected] Savills Ireland and the Vendor/Lessor give note that the particulars and information contained in this brochure do not form any part of any offer or contract and are for guidance only. The particulars, descriptions, dimensions, references to condition, permissions or licences for use or occupation, access and any other details, such as prices, rents or any other outgoings are for guidance only and are subject to change. Maps and plans are not to scale and measurements are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on particulars and information contained in this brochure as statements of fact but must satisfy themselves as to the accuracy of details given to them. Neither Savills Ireland nor any of its employees have any authority to make or give any representation or warranty (express or implied) in relation to the property and neither Savills Ireland nor any of its employees nor the vendor or lessor shall be liable for any loss suffered by an intending purchaser/ Lessees or any third party arising from the particulars or information contained in this brochure. Prices quoted are exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchasers/lessees shall be liable for any VAT arising on the transaction. This brochure is issued by Savills Ireland on the understanding that any negotiations relating to the property are conducted through it. All maps produced by permission of the Ordnance Survey Ireland Licence No AU 001799 © Government of Ireland..