Friday 22 March 2019

Lucan site at €1.5m has planning for restaurant and retail

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Ronald Quinlan

Ronald Quinlan

Agent Lisney is quoting an asking price of €1.5m for four commercial units on 0.5 acre development site in Lucan village, Co Dublin.

Located at Lucan Liffey Bridge, the subject property (units 33, 34, 39 and 40) comprises a two-storey redbrick property fronting the Liffey Bridge and listed on the Register of Protected Structures.

It is currently let on a short-term basis on the upper floor as a showroom and interior design shop and extends to 238 sq m (2,562 sq ft) (short-term tenant not affected).

The vacant lower level of the building which extends to 251 sq m (2,701 sq ft) is vacant. There are two interconnected modern warehouses of 236 sq m (2,540 sq ft) and these are let to a gym on a short-term lease (tenant not affected).

The sale includes the adjoining river bank and half the width of the river.

Planning permission was obtained from South Dublin County Council in 2010 (Ref. SD09A/0233) and subsequently extended by a further five years for an extensive retail, restaurant and car park scheme. The property is situated in a Regeneration Zone "to facilitate enterprise and/or residential led regeneration" under the South Dublin County Council Development Plan 2016-2022.

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