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Dungannon Road / Derry Road, Coalisland, Co Tyrone

Dungannon Road / Derry Road, Coalisland, Co Tyrone

FOR IDENTIFICATION PURPOSES ONLY

On the instructions of Tom Keenan and Scott Murray of Keenan CF, acting as FOR SALE Fixed Charge Receivers

Extensive Land Holding with Planning Consents including ‘Motorsport Complex’ and ‘Importation of Inert Material’ and extending to c. 180 acres (73.5 ha) Road / Derry Road, Coalisland, Co Tyrone

LOCATION

The subject lands are located on the edge of Coalisland town, a small Co Tyrone settlement located some 35 miles to the west of Greater and c. 3 miles from the large provincial town of Dungannon.

Coalisland has excellent communication links via the M1 motorway which connect to Greater Belfast and the west of the Province.

The lands are located to the west of Coalisland town centre and bennefit from extensive frontage onto Dungannon Road, Derry Road and Barrack Street. The lands are in very close to the town centre which accomodates a mix of retail, office and hospitality space.

Good transportation links

Xx walk from Belfast City Centre FOR IDENTIFICATION PURPOSES ONLY

Travel Times

FROM FROM FROM FROM BELFAST DUNGANNON C. 50 MINS DRIVE C. 10 MINS DRIVE

MILES C. 20 MINS DRIVE

MILES MILES 30 10 4 30 MILES C. 50 MINS DRIVE DESCRIPTION00

The subject comprises two blocks of land, the major portion being located to the south of the Derry Road and west of the Dungannon Road, the smaller portion lies between the Derry Road and Barrack Street.

The lands which are currently largely vacant were operated as ‘clay pits’ supplying raw materials for Tyrone Brick Factories located in the vicinity.

At present the holding accommodates two lakes, spoil heaps, agricultural land, scrub land and reinstated farmland following mining works.

SITE AREA

The subject sites extends to c. 180 acres (73.5 ha).

PLANNING CONTEXT

The property has the benefit of the following recent planning consents and has also been identified as an ‘opportunity site for recreation and supporting economic mixed use development’ in the emerging Mid Ulster Local Development Plan – Draft Plan Strategy:

LA09/2016/1307/F

Address: Clay Pits, Dungannon Road, Coalisland Description: Construction of proposed motorsport racetrack to include: ancillary buildings (pit garages / hospitality / media centre / press area’ medical centre; shower block; crèche; mission VIEWS ACROSS THE SUBJECT LANDS hall; and restaurant area & spectator gallery); associated car parking; landscaping; acoustic banking; sound barriers; associated site works; relocated recycling area; internal loop road; an public link road between Dungannon Road and Derry Road with access points on Derry Road (2 No) and Dungannon Road (1 No) at Clay Pits, Dungannon Road, Coalisland Status: Approved - 6 Sept 2017

LA09/2015/0968/LDP

Address: Brick Pits, approx 90m SW of Enterprise Centre, Dungannon Road, Coalisland Description: Importing of inert material for the purposes of making secure the steep bank along the Lower Lake through the operation of filling in the interest of land stability Status: Approved - 14 Dec 2015

Dungannon Road / Derry Road, Coalisland, Co Tyrone

SALES DETAILS

PRICE: On Application

TITLE: Assumed to be held by way of freehold title.

TENANCIES: A small area of land fronting Derry Road is currently leased to Mid Ulster Council for the purpose of a recycling facility - details of the letting being available on request.

SOLICITOR: Arthur Cox Victoria House 15-17 Gloucester Street Belfast BT1 4LS Contact: Laura Feeney Tel: 028 90230007 FOR IDENTIFICATION PURPOSES ONLY VAT

All prices, charges and rentals are quoted exclusive of VAT, which may be PLOT 1 payable

Viewing / Information

Further information is available from the agents:

O’Connor Kennedy Turtle 22 Adelaide Street Belfast FOR IDENTIFICATION BT2 8GD PURPOSES ONLY T +44 (0)28 9024 8181 | E [email protected]

CONTACT:

PLOT 2 BRIAN TURTLE | E [email protected] ALAN McKINSTRY | E [email protected]

OKT for themselves and for the Vendors or Lessors of this property whose agents they are give notice that (i) the particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute, nor constitute part of, an offer at contract (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but their accuracy is not guaranteed and any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them (iii) no person in the employment of O’Connor Kennedy Turtle has any authority to make or give any representation or warranty in relation to Ref: BFT/JP/8407 this property. (iv) OKT have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.