Bettystown Town Centre Development

Bettystown Town Centre Development

For Sale by Private Treaty Drogheda Town River Boyne Dublin - Belfast Rail Line Betaghstown Wood The Development The Anchorage R150 Colaiste na hInse Bettystown Beach Bettystown Town Centre Development A substantial mixed use commercial and residential complex incorporating the Bettystown Court Hotel and Leisure Centre and approximately 12.1 ha (30 acres) of Zoned lands. For Sale by Private Treaty M1 LOCATION Drogheda Kells Slane Newgrange Bettystown Bettystown is located in the North Eastern M1 Donore Laytown corner of County Meath approximately 50 km N2 Mosney north of Dublin and 35 km north of Dublin Airport. Navan Duleek Julianstown Gormanston The town is 8 km South East of Drogheda andAthboy is Laytown/ Bettystown Golf Course N3 Balbriggan designated as a small town in the East Meath Development Plan 2014 - 2020. Ballivor Trim Skerries Dunshaughlin Ashbourne The town acts as a focal point for many of the Rathoath Summerhill M1 smaller dormitory towns that are located in N2 East Meath due to its accessibilityad via the M1 Malahide N4 and the train station in nearby Laytown. Innfield N3 Blanchardstown M50 There are many excellent amenities including M4 Palmerstown Funtasia Casino the Laytown and Bettystown Golf Club and Edenderry Dublin Bettystown contains part of a stretch of beach Clondalkin which runs from Gormanston to the mouth ofAllenwood Clane Sandyford the River Boyne at Mornington. M50 Brittas Rathangan Naas Bray M7 Newbridge Kilmacanogue Blessington Greystones ton KildareM7 M9 Bettystown Beach Laytown Races THE OPPORTUNITY A unique opportunity to acquire a purpose built commerical and residential scheme in the heart of Bettystown, with a ready to go 120 bedroom hotel and leisure centre. The property is being offered for sale in one lot comprising; • Bettystown Court Hotel & Leisure Centre • Approx. 10,918.5 sq m of retail • Approx. 9,901 sq m of office space • 48 no. partly constructed one and two bedroom apartments • Associated underground car parking • Approx. 12.1 ha (30 acres) of Zoned lands BLOCK G1 BLOCK F BLOCK H1/L1 An Dunnóg An Buíóg An Fáinleóg DESCRIPTION Development at the subject property commenced in 2006 and had main road (R150) and an internal courtyard. The majority of the planning permission for a neighbourhood centre to include a 120 office space is located in a four storey building (Block B) fronting bedroom hotel, 187 apartments and extensive retail and commercial the main road (R150) and at ground and first floor level in a mixed space. Approximately half of the total number of apartments within use block (Block G1) overlooking the internal courtyard. TESCO the development have been sold and are occupied. There are (not included) currently 3 commercial occupiers in the development namely Tesco, The unfinished residential element of the scheme comprises of East Meath Credit Union and a private individual. 48no. one and two bed apartments in a four storey block which also overlooks the internal courtyard. The Hotel is situated in a high profile location at the northern end of the site. The complex comprises a modern purpose built hotel with In addition, the concrete frame of Block H1/L1 immediately to the 120 en-suite rooms, impressive lobby, bar, restaurant, business rear of the Hotel complex is partly constructed. centre, function rooms and a leisure centre with 18 metre pool. The The development is serviced by an underground car park with building was built to a high standard however the building does need capacity for 545 spaces over 5 acres. We understand that 300 some remedial works to ensure it meets the current regulations for spaces have been completed to date with the remainder located hotel use. under the partially completed blocks. There is also 300 surface car The commercial space comprises of office and retail units, the parking spaces with planning for a further 350 spaces. majority of which are in shell condition. The retail units front the BLOCK B BLOCK B BLOCK C BLOCK D BLOCK E An DreoilÍn An DreoilÍn An Rí Rua An Colm Choille Bettystown Court Hotel Approximate outline only. ACCOMMODATION SCHEDULE OF COMMERCIAL SPACE (Refers to that portion of the complex that is being offered for sale.) OUTSIDE Retail (sq m) Office (sq m) Other (sq m) Apartments (No.) OPEN SPACE LAP BOUNDARY Block B Area 3.91 acres Area 3.61 acres Basement 2,970 B1 COMM Ground 2,064 TOWN CENTRE First 1,444 OPEN SPACE Area 4.22 acres Second 1,444 Area 18.19 acres Third 1,353 Fourth 216 Block C Ground 819.8 First Second Zoning Objectives: For Illustrative purposes only. Third Block D Ground 735.7 First Second Third Block F1 Basement 4,094 Ground 2,050 First 17 Second 17 Third 14 Block G1 Basement 4,474 Ground 2,044 First 2,033 Second Third Block H1 PLANNING Basement (Incl. with L1) All relevant planning information and planning history on this site should be reviewed by interested parties on Meath County Ground 811 Councils website www.meath.ie. A breakdown of the planning permissions associated with this development is available on the data room. First 559 Second 581 Third 581 Fourth 618 ZONING Block L1 Basement 4,790 The built area of the complex iz zoned B1 Commercial Town Centre. Ground 2,391 There are approx. 12.1 ha (29.92 acres) of undeveloped lands to the rear of the commercial centre. They are currently laid First 814 261 out in grass and are divided into a number of different zonings under the East Meath Local Area Plan 2014-2020. Second Third The majority of the lands 8.94 ha (22.1 acres) are zoned F1 Open Space. This zoning seeks to “To provide for and improve open spaces for active and passive recreational amenities”. Total 10,918.5 9,901 16,328 48 There is a further 1.61 Ha (4 acres) zoned B1 Commercial Town Centre. The objective here is to “To protect, provide for and Note: ‘Other’ values include storage and basement car parking where applicable. This schedule is indicative only and should not be relied on for final construction or service drawings. We have not measured the complex. The floor / or improve town and village centre facilities and Uses”. areas above have been taken from marketing material issued at the time of construction. The vendors and their agents cannot guarantee the accuracy of the information provided. Interested parties should carry out their own On the westerly side of the site there are approx. 1.45 Ha (3.60 acres) of lands that are currently outside of the due diligence to confirm the accuracy or otherwise of the above information. development boundary. TENURE We understand that the property is held Freehold. Full details on title can be requested from the solicitor. BER DETAILS BER numbers available on request SERVICES Interested parties are required to satisfy themselves on the presence, adequacy and availability of all services. DATA ROOM Please visit http://site.savills.com/bettystown to register your interest. CONTACT For further information, please contact: Selling Agents Solicitors Savills Development Agency and Consultancy Edel Murray 33 Moleswoth Street, Sheehan & Co. Dublin 2 1 Clare St Dublin 2 Cianan Duff 01 6616922 01 6181433 [email protected] [email protected] PSRA Licence: 002233-004843 Loman Dempsey 01 618 1306 [email protected] PSRA Licence: 002233-003858 savills.ie 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 | 41037 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 measure- ments are approximate. Whilst care has been taken in the preparation of this brochure intending purchasers, Lessees or any third party should not rely on .com 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 conradjones 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. design.

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