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Liffey Valley Is a Bustling Retail Hub Undergoing Significant Growth

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Liffey Valley Is a Bustling Retail Hub Undergoing Significant Growth FOR SALE BY PRIVATE TREATY Liffey Valley is a bustling retail hub undergoing significant growth M50 Tesco Liffey Valley Shopping Centre N4 Liffey Valley Retail Park CONTENTS Executive Summary 6 Lot 3 Location 8 Lot 2 Accessibility 10 Liffey Valley Motor Showrooms Zoning & Town Planning 11 Lot 1 Lot 1 12 Lot 2 14 N4 Lot 3 16 Market Overview 18 Further Information 22 Clayton Hotel 2 3 STRONG GROWTH ACROSS LEADING INDICATORS Ireland continues to record Population Aggregate household the fastest rate of economic About 45,000 growing by around disposable income growth in the EU, at new jobs in the year growth of over June 2019 60,000 8.2% in 2018 persons per annum 5% per annum WHY DUBLIN? CSO expects Dublin New dwellings Population currently population could completions rose by 28.4% of growing by Ireland’s population increase by almost lives in Dublin 1.8% per annum 31.9% by 2036 24% in 2018 RETAIL MARKET Annual growth Highest growth recorded PRICE Prices of consumer in consumer in electrical, hardware DROP goods falling due to Retails rents spending averaging & furniture stores discounting, a shift toward increasing (associated with SAVE value brands and over the medium term 3% in 2018 housing market) the weaker pound LIFFEY VALLEY Close to Balgaddy- Shopping Centre & Lucan-Esker surrounding retail parks 10 million electoral population Clonburris Strategic undergoing significant Development Zone footfall per annum 32,236 expansion set to house additional people 20,000 people TRANSPORT BUS ROAD RAIL AIRPORT 2 minute 5 minute 30 minute walk 20 minute to Clondalkin/Fonthill walk drive to M50 Station drive 4 5 Grange Castle Business Park Fonthill Retail Park Clondalkin / Fonthill Train Station Clayton Hotel Liffey Valley Retail Park Liffey Valley Motor Showroom B&Q Tesco Liffey Valley Shopping Centre Lot 1 Lot 3 N4 Lot 2 M50 EXECUTIVE SUMMARY Three superb commercial sites within the Liffey Valley retail hub Zoned Major Retail Centre Dublin City Centre Various Lot sizes from approximately 0.57-1.70 hectares (1.42 - 4.24 acres) Excellent frontage to main Liffey Valley thoroughfares and the N4 Liffey Valley & environs undergoing significant expansion 6 7 Dun Na Si M2 Ardrums Swords 5 2 Malahide Rathrone M1 2 Kilcloon M3 DUBLIN N2 AIRPORT Portmarnock Dunboyne Enfield 1 M4 4 Clonee 4 3 LOCATION 4 M50 Mulhuddart 5 N32 Johnstown Bridge N3 Coolock Liffey Valley, and the sites are located just units. It is surrounded by retail parks and Santry Ongar 2 off the junction of the M50 and N4, which outlets which provide synergy to the area Moyglare Hall 3 Finglas 2 Beaumont Sutton is mid-way along the M50 at a convenient as destination retail. Maynooth Blanchardstown Howth and busy area. Kilshanroe 6 N2 The surrounding suburbs are ever M50 The location is approximately 12km expanding, with the recent development Port Tunnel Clontarf Drumcondra west of Dublin City Centre between the of Adamstown in Lucan and the Fanagh M50 Castleknock well established suburbs of Lucan and announcement of the Balgaddy- 7 N3 N1 M4 Leixlip N2 Palmerstown. It is in close proximity to Clonburris Strategic Development Zone. 6 5 expansive residential suburbs such as This SDZ area is due to accommodate Lucan 3 1 7 4a 2 Castleknock, Clondalkin and Leixlip and is approximately 8,500 new homes and up N4 N4 4 Liffey Valley Chapelizod DUBLIN therefore home to a wealth of associated to 21,000 additional population and was Backweston Docklands The Greenhill R136 R113 N4 N1 amenities. formally adopted in June 2019. Derrinturn Ballyfermot Adamstown Celbridge This location has become a significant There are a number of established Rathcoffey Adamstown N81 retail destination in Dublin, easily business parks nearby, which are home Railway Station Staplestown Clondalkin Ballsbridge /Fonthill accessed by car and by Dublin Bus whom to some significant employers. Grange Railway Station N11 Crumlin Ranelagh operate 16 routes to and from the area. Castle Business Park is located 3km Clondalkin 1 from the subject property or less than a Donnybrook The shopping centre is one of Dublin’s 9 five-minute drive. This park is home Straffan N7 Milltown largest and has recently undergone a to Pfizer, Takeda Pharmaceuticals R113 Walkinstown 10 Terenure significant expansion with the addition of and Cuisine de France. Pfizer employs Castledillon N81 Clonskeagh 2 Belgard space to provide more retail stores, a large M50 N31 approximately 3,000 staff in Dublin. The Cott cinema and extra restaurant and café Churchtown The property is also close to Park West 3 Blackwood Clane Tallaght Blackrock Dun Business Park and Citywest Campus. 11 N11 Laoghaire Ardclough R136 Templeogue Dundrum Allenwood N81 N7 Stillorgan N81 Ratfarnham Saggart Citywest Sandyford Glenageary 12 N31 Robertstown 13 14 Foxrock M50 Leopardstown N11 Carrickmines N7 15 Kilmeage Clonagh Cherrywood Allen 16 Carragh M11 17 Naas 5 Milltown Manor M50 Kilbride M7 Ballinagee Blessington Mullacash Kildare M7 M7 Maddenstown M9 Ballymore Eustace Ballysax 8 9 N 4 THE KING’S M50 HOSPITAL SCHOOL L U C A N O L E D R O O A D E G V H A N A 4 Junction 7 W I N E R D N N 4 A A D R O H I L L T T O N N CLAYTON HOTEL F 3 U 1 WOODFARM A 1 O N R M ACRES Á L T L VOLKSWAGEN LIFFEY VALLEY S OM AN SHOPPING CENTRE L1042 S ROAD ZONING & TOWN PLANNING LIFFEY E F V Under the South Dublin County Council Development Plan 2016-2022 Lots 1, 2 and 3 are all zoned Major Retail Centre with E O R H A U E T a stated objective “to protect, improve, and provide for the future development of a Major Retail Centre”. VALLEY N P N E E R T L D P V T H PARK A O A U S I O L A range of uses are permissible under this zoning including “office less than 100 sq m”, garden centre, retail warehouse, N LIFFEY Y A L R SMYTHS R D G L E C D E N motor sales outlet and hotel amongst other uses. Residential development is not permitted under this zoning. L D A M F L N VALLEY A I TOYS R O R F A O A N I H TESCO R D H L T L R S N L O I T F R EURASIA H T SUPERMARKET O N F S O G M50 L F R AV E ORT E E E NF LIFFEY VALLEY PALMERSTOWN B&Q N C O L RETAIL PARK MANOR N D C E U T R O A D R 8 3 K 3 C O L D C U T R O A D 3 1 1 R ACCESSIBILITY LOT 2 LOT 1 Dublin Bus operates several routes through the area, with Clondalkin/ Fonthill Train Station is located within LOT 3 stops located on the Fonthill Road and the N4. The closest approximately 2.6 km and can be accessed on foot in Bus stop is within approximately 350m of the sites. approximately 30 minutes. This station provides commuter trains access to Dublin Pearse in the CBD in approximately The N4 can be reached in 3 minutes by car (approximately thirty minutes. Heuston Station can be reached within 1.7 km) and M50 can be reached within 5 minutes by car approximately fifteen minutes, where connecting trains and is (approximately 2.9 km) and the N7 in 12 minutes can be accessed for Cork, Galway and Limerick. (approximately 8.5 km) from the subject property. Dublin Airport is within a 20 minute drive on the M50 northbound and is approximately 16.8 km from Liffey Valley. BUS ROAD RAIL AIRPORT 2 minute walk 5 minute drive 30 minute walk to 20 minute drive to M50 Clondalkin/Fonthill Station 10 11 Lot 1 measures approximately LOT 1 1.70 hectares (4.24 acres) This property is specifically located north of the main Liffey Valley entrance road amongst a number of motor showrooms such as Toyota, Kia, Volkswagen, Opel and Nissan. It is bounded to the north directly by the N4, the south by a number of motor showrooms, the east by a vacant greenfield site and to the west by Toyota showroom. The immediate area is home to a mix of commercial operators such as The Clayton Hotel, Volkswagen offices, Johnson & Johnson offices and Giraffe Childcare. The area has been recently N4 subject to new retail development with Killeen Motors site being developed as the new Toyota showrooms and more recently a development of four drive-thru food facilities directly adjacent to the Volkswagen showroom. Lots 1 & 2 could be interconnected. Lot 1 measures approximately 1.70 hectares (4.24 acres) and is regular in shape with relatively flat topography. It has approximately 155 m frontage to the secondary road between Toyota and Giraffe Childcare and also approximately 164 m frontage directly on to the N4 at its northern boundary. This property was previously zoned for residential in the 2008 Local Area Plan. This has now been changed to ‘Major Retail Centre’ under the South Dublin County Council Development Plan 2016-2022. LOT 1 APPROX 164M © Ordnance Survey Ireland 12 13 Lot 2 measures approximately 0.72 hectares (1.78 acres) LOT 2 This property is specifically located on the secondary road to the north of the main Liffey Valley entrance roadway in between Giraffe Childcare and Johnson & Johnson office building. It has a good profile and can be seen from the main thoroughfare and roundabout. Like Lot 1, it is in close proximity to a number of car showrooms as well as a mix of other commercial and food uses.
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